Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

Just in: Sony Leads Global Gaming Industry with $27Bn in Revenue

Gaming, perceived initially as a kill-time activity or a children’s venture, has beaten all stereotypes and is one of the fastest-growing industries globally. The gaming industry has taken a lead in technology advancements, drawing significant attention to itself and bringing…

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ICT

Just in: Global DQL Index shows poor broadband penetration

Global internet rating agency, Surshark.com has released its 2023 Digital Quality of Life (DQL) Index which ranked Nigeria 7th in Africa and 88th in the world this year: https://surfshark.com/dql2023. The indication of the 2023 rating according to experts amongst others,…

P+ Measurement Services Presents the 24th #EvaluatePR Edition

A leading Media Intelligence Consultancy, P+ Measurement Services, is excited to unveil the anticipated 24th edition of #EvaluatePR. This landmark event, held quarterly, will take place virtually on September 22nd, 2023, from 12:00 to 1:30 pm (West African Time). Designed…

ICT

Glo celebrates Amusan on 3rd successive Diamond League win

Sporting Glo ambassador and athletics champion, Tobi Amusan, has received accolades from the company for winning the  women’s 100 metres hurdles in the Diamond League championship in Oregon, United States. The celebrated athlete won the race on Sunday evening in…

ICT

NCC increases Fixed Lines Numbering Format to 10 digits

The Nigerian Communications Commission (NCC), in keeping with its responsibilities under the enabling law, the Nigerian Communications Act (NCA) 2003, to manage Nigeria’s numbering resources, has announced new numbering format for fixed lines. In the process, Nigeria’s Fixed-Lines Numbering Format…

Tinubu mute on trapped foreign airlines’ funds at UNGA as value hit $783m

A review of President Bola Tinubu’s address at the United Nations general Assembly (UNGA) has shown that he was tactically silent on the plights of foreign airlines whose fund has been trapped for years at the Central Bank of Nigeria…

Ikeja Electric sinks N250m on Faulty Power Transformer, Boosts Supplies

Major Player in the nation’s energy sector, Ikeja Electric Plc (IE) has ensured improved service to its esteemed customers in the Ikorodu axis of Lagos State recently replaced the faulty 15MVA power transformer at Sabo Injection Substation (ISS) with a…

CSR: NCDMB renovates Primary School in Bayelsa, Hands Over

The Nigerian Content Development and Monitoring Board (NCDMB) has renovated a classroom block, structures and facilities at the Community Primary School II, Dikuma-Ama, Okpoama, in Brass Local Government Area of Bayelsa State. Speaking at the handing over ceremony, the Executive…

ExxonMobil pledges nearly 40,000bpd in new field to Nigeria

Leading global energy group, Exxonmobil is set to raise the bar of investment in the nation’s upstream oil and gas sector in the immediate. This was made public as President Bola Tinubu played host to a delegation consisting of the…

Growing collapse of power grid killing Tinubu’s investment drive

Leading Nigeria’s energy analysts have argued that the recent back-to-back collapse of the nation’s national power grid remains a serious setback for the ongoing investment drive by President Bola Tinubu from recently in India, UAE to currently in United States….