Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

8,663 bank workers’ eased out within first half of 2017– NBS

…TUC, NLC silent as casualization deepens in sector More details have emerged on how the Nigerian banking industry performed in terms of staff retention and retrenchment by the National Bureau of Statistics (NBS) during the first half of 2017. In…

Stanbic IBTC opens window for Graduate Trainee Recruitment 2017

Stanbic IBTC Bank; a subsidiary of Stanbic IBTC Holdings, has announced readiness to accept entries into the bank’s Graduate Trainee Recruitment for 2017. Also, Stanbic IBTC Holdings is a member of Standard Bank Group, Africa’s largest banking group ranked by…

Shippers’ Council set to assist AMATO in securing new found space near Lagos ports

The leadership of the Nigerian Shippers’ Council (NSC) has assured the Association of Maritime Truck Owners (AMATO) of assistance in their current quest to secure a new massive space for the development of trucking bay near Tincan and Apapa ports….

Dangote
ICT

Dangote reveals why he is not investing in ICT, telecoms

After years of being economical with words, President of Dangote Group, Alhaji Aliko Dangote has opened up on why he has not really mustered interest in investing in either Nigeria’s or even African telecoms market. Explaining issues on the suggestion…

ICT

NCC, MTN, NigComSat, others to discuss cyber threats at ADA 2017

The 2017 edition of the Nigeria ICT Impact Ceo Forum (NIICF) and Africa Digital Awards (ADA), is set for this week. He said that NIICF is the second leg of the annual event specifically designed  to bring together Information and…

Forex: CBN’s signals show relevance of BDC as business gone

First of all, no country in the world legalizes the exchange of its currency along the streets, rather in banks through a managed exchange structure driven and monitored by the nation’s central bank. Against this background, there are indications that…

Local investors yet to explore e-commerce business as foreigners grip sector

…traditional market places may disappear in cities next 20 years Preliminary findings from ongoing investigation by the Business Hilights Economic Research Team (BHERT) on the growing trend in e-Commerce outfits in Nigeria have made shocking revelations. One; In the next…

Why Uzodinma’s Joint Committee needs stakeholders’ support on N30tn trail

When the vociferous National Assembly Joint Committee on Customs, Excise and Tariff and Marine Transport, lead by Senator Hope Uzodinma fired the first shot on the Nigerian Ports Authority (NPA), over 282 vessels got missing from Nigerian seaports, many tongues…

For operating on one aircraft, NCAA downgrades First Nation to non-scheduled operator

The hammer of the Nigerian Civil Aviation Authority (NCAA), on Monday landed on First Nation Airways as it was downgraded from scheduled operations to a non scheduled operator after operating months with one aircraft which was seen as violating safety…

Dizengoff speeds off FG’s commercial farming, pumps in 50 units of CASE IH tractors

More indications of meeting the target of food sufficiency through mechanised farming in the country have emerged following the recent delivery of about 50 units of the 75HP CASE IH tractors to Tractor Service Provider (TSP) by Dizengoff Nigeria. Business…