Business Hilights

Tracking Nigeria's Headline Business News Online

Month: November 2022

ICT

Domino’s Pizza Nigeria Partners 9Mobile to Unveil New Call Centre

Domino’s Pizza Nigeria, the market leader in the Quick Service Restaurant (QSR) sector in Nigeria is partnering its long-term service provider and Customer Centric telecommunications company, 9mobile to launch its new Call Centre in a bid to increase customer satisfaction…

ICT

NITDA grows partnership with local stakeholders to close digital divide

The National Information Technology Development Agency (NITDA) has continued to demonstrate its commitment in bridging the digital divide in the country by organising a 1-Day stakeholder engagement programme in Oyo State to identify challenges in the state’s ICT ecosystem, co-create…

ICT

NCC issues fresh notice on auctioning of 2 lots of 3.5GHz Spectrum

The Nigerian Communications Commission (the Commission), in line with Section 121 of the Nigerian Communications Act 2003 (the Act) has the responsibility to manage and administer Spectrum resources for the communications sector in an efficient and effective manner. This is…

LIRS Boss Bags CEO of The Year Award

The Executive Chairman of the Lagos State Internal Revenue Service (LIRS), Mr Ayodele Subair has been conferred with the Most Innovative CEO of The Year Award 2022 by the New Telegraph Awards 2022. The award ceremony, held at the Balmoral…

Dangote Sugar boosts its $700m investment; increases Numan sugar plantation

President of the Dangote Group, Alhaji, Aliko Dangote, has announced that the Dangote Sugar Refinery (DSR) Plc is significantly scaling up its investment in the sugar sub-sector in line with the requirement of the Nigeria Sugar Master plan (NSMP). Speaking…

Buhari Flags off Oil Drilling in The North at Bauchi-Gombe Border

President Muhammadu Buhari has claimed that his administration attracted over $3bn investment in the Oil and Gas Sector at a time of near-zero appetite for investment in fossil energy. Speaking Tuesday in Bauchi at the Flag-off Ceremony of the Kolmani…

Buhari Set to Unveil newly designed Naira Notes Today

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Tuesday said President Muhammadu Buhari will unveil newly designed N1,000, N500 and N200 notes today, Wednesday, November 23, 2022. Emefiele made this known during the apex bank’s Monetary…

Inflation Fears As CBN’s MPC Meeting Increases MPR

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) Tuesday, November 22, 2022, unanimously voted to increase the Monetary Policy Rate (MPR) further by 100bps to 16.5% – the fourth consecutive rate hike and the highest rate…

PR Measurement agency hosts 2022 AMEC Measurement Month in Nigeria

In collaboration with the International Association for the Measurement and Evaluation of Communication, AMEC, the leading intelligence agency in Nigeria, P+ Measurement Services, declared its interest to host the annual AMEC Measurement Month (#AMECMM) to enlighten PR and communications experts…

Embedded Finance Market to Exceed $183bn Globally by 2027

A new study from Juniper Research has found that revenue from embedded financial services will exceed $183 billion globally in 2027; increasing from just under $65 billion in 2022. Growing by 182% over the period, the report found that this…