Business Hilights

Tracking Nigeria's Headline Business News Online

Day: September 13, 2023

ICT

(Special Report) Telcos, Deposit Money Banks and unresolved USSD debts

By Sonny Aragba-Akpore   Upon the hype around financial inclusion which telecommunications regulator,the Nigerian Communications Commission (NCC) puts at 70%,the controversy surrounding the over N120billion debt owed by Deposit Money Banks (DMBs) for Unstructured Supplementary Service Data(USSD) is far from…

NARTO calls for end to 7.5% VAT on diesel to avert fuel scarcity

The Nigerian Association of Road Transport Owners (NARTO) has called on the Federal Government to immediately remove the 7.5per cent Value Added Tax (VAT) on the Automotive Gas Oil (AGO), also known as diesel, to avoid throwing Nigerians into a…

ICT

(Special Report) Why Minister must stop Adeleke before he cripples MNOs in Osun

The Governor of Osun State, Senator Ademola Adeleke, last week gave a matching order to the   Global Transaction Nigeria Limited (GTNL), a company saddled with the responsibility of ensuring that telecommunications infrastructure complies with laws of Osun State, to…

Oil Theft: Nigeria again, drops to 2nd largest oil producer in Africa after Angola

Due to the unrelenting activities of the oil thieves in Nigeria’s Niger Delta region, the Organisation of the Petroleum Exporting Countries (OPEC) has confirmed that Nigeria’s oil production increased to 1.18 million barrels per day (bpd) in August 2023 –…

Strategic Shanghai tower, its rare features

Shanghai Tower is a 128-story, 632-meter-tall megatall skyscraper in Lujiazui, Pudong, Shanghai. It is the world’s second-tallest building by height to architectural top and it shares the record of having the world’s highest observation deck within a building or structure…

New Minister Replaces Fashola as Chairman of Shelter Afrique AGM Bureau

Nigeria’s newly appointed Minister for Housing and Urban Development, Architect Ahmed Musa Dangiwa, has taken over the chairmanship of Shelter Afrique’s Annual General Meeting (AGM) Bureau from his predecessor Babatunde Raji Fashola, SAN, CON. Hon. Fashola took over the Bureau…

How to save money in parking costly cars in London, By an Indian

A rich Indian, Mr Singh walks into a bank London and asks for the loan officer. He says he’s going to Europe on business for two weeks and needs to borrow £5000. The bank officer says the bank will need…