Business Hilights

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Business Hilights

Adebayo Shittu
ICT

AfICTA 2016 Summit To Review IoT Roles In Africa’s Growth

How best  the Internet of Things (IoT) phenomenon will help advance and sustain Africa’s development in the areas of health service delivery, e-government, e-commerce, job creation and overall improvement in the standard of living of the people  will   take center…

NIMASA Appoints Revenue Consultant

The Nigerian Maritime Administration and Safety Agency (NIMASA) said it has appointed Snecou Financial Services Company Limited to assist in revenue generation. Iyt was not clear if the appointment was quickened by the recent revelation by NEPC Director General in…

PIB Passage Delaying Licensing Round For 11 Oil Blocks

The non-passage of the Petroleum Industry Bill (PIB) at National Assembly may compound the economic woes of the country early next by frustrating the needed licensing round for oil blocks this year. Already, about 11 Oil Processing Lease (OPL) and…

AfDB Explains Terms On $4.1bn Loan Deals To Nigeria

AfDB has announced plans to give Nigeria the total of $4.1bn loan to boost investments and job creation in Small and Medium Enterprises (SMEs). Explaining more on the deal recently sealed during his visit to Abuja, President of the bank…

Invest in Technology, Adopt Collaboration, CWG Boss Tells Stock Marketers

The Founder of CWG Plc, Mr. Austin Okere, has urged key players in the Nigerian Stock Market to prioritize investment in technology innovation as well as engage in cross-sector collaboration in the bid to boost their revenue as well as…

Experts Point Way Forward On Aviation Resuscitation 56 Years On

In Nigeria, aviation predates the nation’s independence in 1960. But more than 56 year seems a long time to formulate policies, build sustainable infrastructure, set up strong airlines among others, to make Nigeria a force to reckon with given the…

Local Rice Production Can’t Be Self-sufficient by 2020—Rice Farmer

Panel discussants at the just concluded made In Nigeria (MAIN) Summit and Exhibition in Lagos have said that the federal government’s dream of making Nigeria self sufficient in rice production by 2020 is not feasible going by the challenges faced…

AfDB Explains Terms on $4.1bn Loan Deals to Nigeria

  AfDB has announced plans to give Nigeria the total of $4.1bn loan to boost investments and job creation in Small and Medium Enterprises (SMEs). Explaining more on the deal recently sealed during his visit to Abuja, President of the…

Falling Naira Forces Experts to Proffer Solutions

The renewed pressure on the exchange rate forcing naira to keep downing as if nothing is being done to contain the challenge is encouraging experts to open up on way forward. Chief Economist and Head of Research at FSDH Merchant…

Banking/Investments

Anxiety as Naira Inches to N500/USD

There are growing concerns in the financial sector following indications that naira is closing in on 55 to 1$. It closed at N490/ USD1 in the parallel market, with dealers expecting further rise today to hit the dreaded N500 mark….