Business Hilights

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Business Hilights

Senate mulls review of tax laws to improve ease of doing business

The recently concluded 22nd Nigerian Economic Summit in Abuja, tagged ‘Made-in-Nigeria’ may have been a strategic roundtable for the redesigning of several challenging matters bordering on economy. It seems to be the most successful and trending over the years following…

Glo johnbull
ICT

Glo’s Professor Johnbull features Helen Paul as guest

The first season of the Glo-sponsored TV sitcom prof Johnbull is round up. In the latest episode, he made a special presentation for comedienne, Helen Paul, who played a guest appearance with spectacular interpretation of her role, ‘Sikiratu’ in the…

ICT

NITDA begins redeployment of ICT infrastructure in N/East

Considering the return of safety in the North East following the downgrading of Boko Haram sect terrorism, several public and private investors and developers are moving to set up structures for another life. In what seems like following the trend,…

ICT

Beware of substandard phones, NCC Warns subscribers

The Nigerian Communications Commission (NCC) has warned telecommunication consumers against the usage of substandard handsets especially now 4G LTE is trending. Experts say 4G access is driven by few modern phones that has feature for 4G LTE. They also noted…

Unilever restates commitment to local manufacturing, growth

The Chief Supply Chain Officer, Unilever, Marc Engel, has reiterated the company’s pledge to enhance local manufacturing in Nigeria. He made this known he led a team from the company to visit the Special Adviser to the Governor of Lagos…

Wema Bank releases N221m to Lagos Judiciary for LAPLR

Wema Bank has released to the d Lagos Archives and Property Litigation Registry (LAPLR) a project finance facility of N201 million, plus another N20 million which it doled out to support the Lagos State government and Justice Research Institute Limited…

MTN boss
ICT

MTN, Enalamah summoned by NASS next week over $13.9bn transfer

The National Assembly has summoned the management of MTN Limited, the Minister of Trade and Investment, Mr Okechukwu Enelamah, and four commercial banks to appear before the house to answer to the alleged illegal transfer of over $13billion outside the…

Indomie producer, Dufil Prima celebrates young achievers

Dufil Prima Foods, maker of Indomie noodles, has rewarded winners of its just concluded Indomie Independence Day promo, which is meant to celebrate young achievers. Each winner went home with a scholarship prize worth N1m. In a statement, the Group…

Nigeria’s poor preparation for non-oil exports, frustrated AGOA

More facts have emerged on why Nigeria is losing out in the largesse of the United States driven African Growth Opportunities Act (AGOA) designed for the growth of African exports to US with ease. President, Nigerian-American Chamber of Commerce, Chief…

Template for MDAs use of funds underway—Minister

The Federal Government is now working on developing a new template on approved expenses for government-owned enterprises to halts abuse of recurrent expenditure. The Minister of Finance, Mrs. Kemi Adeosun, revealed the emerging plan in Abuja yestderday at a workshop…