Business Hilights

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Business Hilights

ICT

ITU and the worries of widening digital dividends

Sonny Aragba-Akpore   With a third of global population still on the outskirts of digital dividends,in 46 countries,the International Telecommunications Union (ITU) in pursuit of inclusive development says,it is determined to bridge this divide by 2026. India and China top…

CBN devalues currency to N630 as W’Bank decries debt burden

Even though the Central Bank of Nigeria (CBN) has tactically devalued the naira, thus raising official exchange rate from N415 to about N630, the President of the World Bank Group, David Malpass, has warned that Nigeria’s parallel exchange rate is…

FG, Labour meeting deadlocked over fuel, refineries

As fuel prices jump to over N700 in distant parts of the country, talks between the Federal Government and organised labour over the removal of fuel subsidy ended last night in a deadlock. They failed to reach a consensus following…

Customs Begins Fast Track 2.0 For Rewarding Compliance

The Nigeria Customs Service in collaboration with the World Bank under the Accelerating Revenue Mobilization Reforms Program (ARMOR), has initiated the modalities for migration from Fast Track Regime to Fast Track 2.0 (FT 2.0). This system aims to reward compliance…

ICT

Again, Glo hits triumphant moment at ‘Africa’s Beacon of ICT’ award

Globacom, a top provider of telecoms solutions, experienced another glamouring moment on Saturday in Lagos when it picked up the “Africa’s Beacon of ICT Excellence/Leadership Award” for its great strides in the telecoms industry. At the 2023 Africa Beacon of…

NNPCL jerks up pump price between N488 in Lagos, N550 nationwide

…As NLC, TUC meet FG today The management of NNPCL has announced pump price hike effective today, May 31, 2023 with Lagos Stations at N488 and higher up to N550 across the nation. Meanwhile, the leadership of NLC and TUC…

ICT

NCC Boss gets NPOM for Outstanding Contributions to Industry

Prof. Umar Garba Danbatta, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), will be conferred with the esteemed National Productivity Order of Merit (NPOM) Award, among other notable Nigerians. The announcement was made in an advertorial signed by…

Between former President Jonathan and Incumbent Tinubu: Who Fools Who

Hereunder was a critical reply to former President GE Jonathan by the incumbent President B A Tinubu when the later announced removal of oil subsidy in January 2012. Today,  the table has turned. In January 11, 2012, Incumbent President Tinubu,…

Bahraini monarch unveils Al-Dur 2 Phase, Independent Water & Power Project

His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister of the Kingdom of Bahrain, today inaugurated the Al-Dur 2 Phase 2 Independent Water and Power Project (IWPP). His Royal Highness highlighted the Kingdom’s commitment…

Nneka Onyeali-Ikpe, Fidelity Bank Boss Gets OON National Award

The Chief Executive Officer of Fidelity Bank Plc, Nneka Onyeali-Ikpe, has joined the league of prominent Nigerian on the prestigious 2023 national awards of Officer of the Order of the Niger (OON)recently. In the 2023 national awards list released by…