Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

5G and others
ICT

5G and subscribers endless wait in Nigeria

By Sonny Aragba-Akpore Despite the hype around the 5G auctions in Nigeria, first in December 2021 and later in December 2022, with three licenses issued so far by the Nigerian Communications Commission (NCC),potential subscribers may wait longer than necessary. Although,…

Another look at Fayose’s Review of Obi’s presidential chances

Ayo Peter Fayose, former Governor of Ekiti State said as follows: I love Igbos but I have to tell them the truth because I love them. It is now a law to transmit votes electronically, that means rigging of elections…

NGX All-Share Index slips by 0.16%

The domestic bourse slipped yesterday, January 18, 2023, as the benchmark index lost 0.16% to close at 52,615.51 points. Increased demand in AIRTELAFRI (+0.63%) and GTCO (+1.03%) were offset by selloffs in DANGCEM (-1.85%),  ZENITHBANK (-0.20%) and GEREGU (-0.14%) resulting  to the market’s weak…

ICT

NCC renews MoU with Lottery Commission, says deal in sync with SVP

Telecoms regulatory lead, the Nigerian Communications Commission (NCC), Wednesday in Abuja, signed a revised Memorandum of Understanding with the National Lottery Regulatory Commission (NLRC), with provisions to deter unapproved lottery and gaming practices on telecommunications platforms through information and intelligence…

Urbix to develop quality anode materials for SKO lithium-ion batteries

Urbix Inc (Urbix)., the US-based environmentally responsible graphite processor, has announced today a Joint Development Agreement with leading global EV battery developer and manufacturer SK On (SKO). The new strategic partnership will see the companies collaborate to develop industrialized anode…

Wrong fiscal, monetary policies killing economy—Obi

The presidential candidate of the Labour Party, Mr Peter Obi, has said that inappropriate monetary and fiscal policy contributes to the rising inflation in the country. Currently, the country’s inflation rate is 21.34 per cent, according to data from the…

ICT

Nigeria values, rewards digital innovations—NITDA DG

The Director General, National Information Technology Development Agency, Kashifu Inuwa has called on a group of international investors in Germany to invest in the Nigeria tech ecosystem because doing so is valued and come with many rewards. Speaking on the…

Upon Force Majeure, Feedgas Supply Issues, Bonny Island LNG still active

The Nigeria Liquified Natural Gas (NLNG) Limited, has said that operations at its plant on Bonny Island is still active despite a Force Majeure declared in October 2022 and feedgas supply challenges. The plant continues to produce Liquefied Natural Gas,…

Health Osagie
ICT

Remote Patient Monitoring Users to Reach 115 Million Globally by 2027

A new study from Juniper Research found that the total number of patients using RPM (Remote Patient Monitoring) solutions will reach 115.5 million globally by 2027, equating to 1.4% of the total population. This is an increase from only 75…

Technology sponsors to thrive in sport sponsorship as Cryto falls

Cryptocurrency’s inherent instability was always likely to be a negative factor in the industry’s future success in sports sponsorship. Price volatility has plagued cryptocurrency since its inception, and such fluctuations have now had serious ramifications for the sports sponsorship industry,…