Business Hilights

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Business Hilights

Concession of airports not an immediate thing—FAAN

Contrary to insinuations that the twist introducing concessioning of four leading international airports is a ploy by the federal government to run away from continuation of upgrading all the 22 airport terminals in the country, the Federal Aviation Authority of…

Hilton Group votes $50m for Africa expansion drive

Leading US based real estate and hospitality group, Hilton has announced a $50m expansion drive to deepen presence in Africa in the next five years. According to the group, the facility is intended to support the conversion of around 100…

Celebrating Task Systems Limited @ 30

Leo Stan Ekeh, Chairman, Zinox Group and founder, Task Systems Ltd, (middle); Mrs. Chioma Ekeh, Managing Director, Technology Distributions Ltd. (by Ekeh’s right); Mrs. Olufunke Oduntan, Managing Director, Task Systems Ltd. (by Ekeh’s left) and Mr. Lekan Faola, General Manager,…

Elumelu Foundation plans to host 1,300 African Entrepreneurs

All is set for third edition of the Tony Elumelu Foundation (TEF) Entrepreneurship Forum was slated for October 13. Currently, TEF is Africa’s leading philanthropy, galvanizing over 1,300 African Entrepreneurs, Business leaders and Policymakers from 54 countries in Lagos annually….

Zenith Bank interested in penetration, growth of ICT in Nigeria—MD

Considering the recent feat achieved by Miss Katherine Eta in the recent Microsoft Office Specialist World Championship among young entrepreneurs in the USA, the Group Managing Director of Zenith Bank Plc, Mr. Peter Amangbo, has given strong assurance that the…

Comedians’ line up for Glo Laffta Fest in Makurdi on Sunday

Glo subscribers are in for weekend entertainment at the next stop of the Laffta Fest train in Makurdi, Benue State in North Central Nigeria on Sunday October 8, 2017. Leading in appearance include top comedians like I Go Dye, Senator,…

TSTV entery
ICT

GOtv unveils ‘GO Gaga Confam’ to weaken TStv in market fight

Latest service provider in the nation’s Pay TV platform, TStv may have a lot to contend to remain not only in the service segment, but fight for market share beginning from day one. Business Hilights recalls that the offerings of…

Shittu 66
ICT

Minister silent as DPF frustrates ISPs, over 100 closing shops

The observed silence of the Minister of Communications, Alhaji Adebayo Shittu in his keynote address at the 6th European Union-Nigeria Business Forum 2017 held on Thursday at the Eko Hotels, Lagos, has raised serious anxiety on the seriousness of the…

Remittances to developing countries to hit $450b in 2017—W’Bank

…India leads with $65b as Nigeria expects $22bn The World Bank’s Migration and Development Brief (MDB) released on Thursday has suggested that remittances to low-and middle-income countries, including Nigeria would recover in 2017 after two consecutive years of decline. According…

CBN soaks N50bn excess charges from banks’, pays back customers

Bank account holders who are victims of excess charges by commercial banks in the last three years have started getting back what was robbed from them. Central Bank of Nigeria (CBN) had earlier this week said it has recovered over…