Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

NJIC seals deal with Dock Union to maintain prevailing wages

The National Joint Industrial Council (NJIC) has agreed to discontinue further negotiations for the increment of wages of dock workers given the prevailing economic conditions facing the maritime industry in general and Nigeria in particular. This decision was reached at…

CBN trains 135 MSME operators Osun State

The Central Bank of Nigeria has further deepened its Micro, Small and Medium Enterprises (MSME) Development Fund initiative with the completion of training for about 135 operators in Osogbo, Osun State. This was disclosed by the Branch Comptroller, CBN, Osun…

ICT

Smile gives subscribers 200mins free to call to networks

Customers on the Smile network are in for a thrill this yuletide as the 4G LTE driven telecommunications service provider in West Africa has announced the commencement of ‘SuperTalk’ promo which offers customers on the Smile network up to 200…

airtel logo
ICT

Bharti Airtel paid $127m to acquire Econet’s stake in Nigeria’s Airtel

The share sales controversy hobbling Airtel Nigeria may soon fade away as more clarifications have emerged in the over 10 years deal. A statement posted on Bharti Airtel International (Netherlands) website Wednesday has revealed that the company acquired Econet Wireless…

ICT

Kwara flags off N500m Computer Village scheme to drive knowledge economy

As part of renewed efforts to engage youths in meaningful venture with special background in Information and Communications technology (ICT), Governor Abdulfatah Ahmed of kwara state has performed a ground breaking foundation ceremony of computer ICT hub at the cost…

Shittu, Comm Minister
ICT

Telecoms sector squeezes, still injects N1.398tn to GDP in Q3 2016

Though there was a sharp drop in its contributions to the Gross Domestic Product (GDP) in the third quarter of 2016 when compared Year-on-Year, its netted N1.4tn (1.11 percent growth in the real term) to the GDP to still remains…

NCC head office, Abuja
ICT

Relief as NCC suspends directive on data segment price floor

Following the concerns that visited the directive to introduce price floor for data segment of the telecommunications sector beginning from December 1, 2016, the Nigerian Communications Commission (NCC) has suspended any further action in that direction. MTN and Etisalat had…

Cowbellpedia winners give antidote to understanding Mathematics

Excited winners and teachers in the just concluded 2016 Cowbellpedia Secondary School Mathematics TV Quiz Show have revealed the various strategies to “arrest” the Mathematics phobia. In many parts of the world,  mathematics is regarded as the bedrock of science,…

NASS seeks reduction in petrol price to N70 per litre

The House of Representatives Tuesday urged the Petroleum Products Prices Regulatory Agency (PPPRA) to review the current price template for Premium Motor Spirit (PMS) with a view to reducing the price to N70. This followed the adoption of a motion…