Business Hilights

Tracking Nigeria's Headline Business News Online

Month: March 2022

ICT

MTN unveils Digital Multi-Experience Platform with Tecnotree Moments

Tecnotree, a Finnish based global provider of digital transformation solutions for Communication Service Providers CSPs and Digital Service Providers DSPs, announced the launch of its digital multi-experience platform, “Tecnotree Moments” in collaboration with MTN Nigeria. The multi-experience partner ecosystem offering…

LPG: FG approves $50m cooking gas energy fund

Effort by the Federal Government to deepen Liquefied Natural Gas (LPG) penetration, popularly called cooking gas, appears to have achieved the desired result as the Federal Government has announced the establishment of a $50 million LPG Energy Fund in partnership…

NNPC gives IOCs conditions for divestment from Nigeria

The Group Managing Director of the Nigerian National Petroleum Company Limited (NNPC), Mallam Mele Kyari, has said international oil companies (IOCs) that divest from Nigeria’s upstream sector should address issues of abandonment and decommissioning of oil assets. Kyari said this…

NIMASA gets new Maritime Guard Commander

The Nigerian Navy has appointed Commodore Aliyu Gaya as the new Maritime Guard Commander of the Nigerian Maritime Administration and Safety Agency, NIMASA. Commodore Aliyu Gaya takes over from Commodore Ezekiel Nyako Lamiri, who has been redeployed to the Nigerian…

ICT

Services offered by ATCON members critical to running of economy—Nnamani

President of the lead telecoms association, the ASSOCIATION OF TELECOMMUNICATIONS COMPANIES OF NIGERIA (ATCON), Engr. Ike Nnamani has averred that “The services offered by ATCON members are critical to the running of the economy and have significantly contributed to the…

Dangote Cement’s commitment to climate change yields dividend

… Proposes dividend of ₦20.00 per share Dangote Cement’s commitment to environmental disclosures and sustainability is yielding the desired results with Carbon Disclosure Project (CDP) raising its rating from C to B- even as it proposes a dividend of N20…

Business Hilights App downloads hit 67k in one week

Barely one week after the official launch of Business Hilights App in Lagos, downloads worldwide has risen to 67,980. Explaining the feat, the Head, Digital Solutions at Business Hilights Media Group, Engr. Joe Anaeli, said “The App design was out…

ICT

Participants Acknowledge Policy, Regulatory Impact on Digital Connectivity

Discussants at panel sessions and other participants at the Landmark Event Centre, Lagos, have acknowledged the positive impact of Federal Government’s policy and regulatory efforts, through the Nigerian Communications Commission (NCC), in fostering increased connectivity. There was a groundswell of…

Zenith Bank’s 2021FY earnings growth remains defensive

ZENITHBANK released its audited 2021FY numbers on Monday, showing that the bank’s earnings growth remained defensive during the period. Specifically, continued improvements in the non-core business segment supported the performance, despite the lingering challenges in the core banking business environment….

ICT

NCC to Strengthen AOL Administration

The Nigerian Communications Commission (NCC) is unwavering in its commitment to deploy a Revenue Assurance Solution (RAS) in the telecommunication sector to ensure a more robust Annual Operating Levy (AOL) administration in the telecom industry. This subject matter was the…