Business Hilights

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Business Hilights

Herdsmen, not imported goods killing local agro production – Dev. Economist

A development economist, Dr. Ken Igboanugo has countered the Special Adviser to the President Muhammadu Buhari on Media and Publicity, Femi Adesina for claiming that quest for imported goods is killing local agricultural production. In an interview, Dr Igboanugo averred…

CBN, NIBSS launch Nigerian domestic card scheme, ‘AFRIGO’

As part of the quest to arrive at a unified card payment system, the Central Bank of Nigeria has officially unveiled the Nigerian National Domestic Card Scheme – AFRIGO, in conjunction with the Nigeria Inter-Bank Settlement Systems (NIBSS) Plc, the…

ICT

Just in: NITDA, Hajj Institute of Nigeria team up for digital hajj exercise

As part of drive to end the bottlenecks associated with Hajj processes in Nigeria, the newly established Hajj Institute of Nigeria, (HIN) an institution under the supervision of the National Hajj Commission of Nigeria (NAHCON), has indicated interest to partner…

Guinness report 73.3% y/y decline in Q2-23 standalone EPS

GUINNESS Nigeria Plc published its Q2-23 (H1-23) unaudited results Thursday, January 26, 2023, reporting a 73.3% y/y decline in Q2-23 standalone EPS to NGN0.58 (Q2-22: NGN2.18). Thus, H1-23 EPS settled lower at NGN1.84 (H1-22: NGN4.03). The negative surprise in EPS…

ICT

Inuwa seeks home characters in online sports games

The pervasiveness nature of Information and Communication Technology (ICT) could also be deployed and adopted in the sporting industry, the Director General, National Information Technology Development Agency, Kashifu Inuwa has said. According to him, Africans can leverage Artificial Intelligence, Robotics…

(Special Report) Why Lagos Blue Line can’t move up to 250,000 passengers monthly

Fact checks on the claims of the Lagos State Government that the Blue Line recently commissioned by President Muhammadu Buhari will commute over 250,000 passengers monthly may not stand the test of time. Reason; there is no provision for car…

ICT

Mafab unveils 5G Network in Lagos, targets Kano, Port Harcourt soonest

Mafab Communications Limited Thursday, January 26, 2023 launched its 5G network in Lagos and assured Nigerians of super high speed internet connectivity for data service as well as seamless voice service. The telecom company had a similar launch in Abuja,…

ICT

Pantami contradicts self on NCC over NITDA Act review?

Whereas the Federal Government through the Minister of Communications and Digital Economy, Prof. Isa Pantami, yesterday claimed that he has no plans to strip the Nigerian Communications Commission (NCC) of its powers for transmission to National Information Technology Development Agency…

Many Nigerians may not know Peter Obi very well

  By Bishop Edwin There are facts one cannot change about Obi which include; 1. He ran the most secure state in Nigeria during his tenure. Former IGP Abubarkar gave him 5 years of accolades of the most secured state…

Just in: Nigeria-Niger Rep. seal MoU to complete Kano-Maradi Rail

The Federal Government has stressed the importance of the Nigeria-Niger Republic rail line, reaffirming that the project will boost trade and other socio-economic interaction between both countries and in the continent. Minister of Transportation, Mu’azu Jaji Sambo stated this in…