Business Hilights

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Business Hilights

Dangote invests in solar power plant, seals MoU on 100MW with Kano State

Kano State government is now changing its narrative on issues of electricity for industrial purpose in partnership with leading conglomerate, the Dangote Group. Already, both parties have sealed a Memorandum of Understanding (MoU) for the proposed 100 megawatts Dangote-Black Rhino…

NCC at ITU
ICT

Not reviewing DPF may dampen investors’ confidence @ ITU —BH Report

A survey by Business Hilights Economic Research team (BHERT) relating to the massive build up by the Nigerian Communications Commission (NCC), ahead of leading Nigerian delegation with the Minister to the fast approaching International Telecommunications Union (ITU) Telecom World 2017,…

Vice president, Prof Yemi
ICT

Emerging ICT Varsity to have campuses in all zones—Osinbajo

The newly approved Information and Communications Technology (ICT) University of Nigeria by the Federal Executive Council (FEC) will have campuses in all the six geo-political zones to drive digital literacy, the Acting President, Yemi Osinbajo has confirmed. Explaining more during…

glo logo
ICT

Glo opens gate for free data usage today in Nigeria

As a way of keeping to its industry name, ‘Grand Masters of data,’ Globacom has declared today, Friday, 11th August 2017, as the first Free Data Day on its network. A statement from the company noted that the deal was…

Smile
ICT

Smile, RenMoney seal deal on bundled offer financing for subscribers

For seamless access to services, RenMoney, the simple money solutions provider, has unveiled of a flexible financing initiative in partnership with Smile Communications Nigeria Limited, the leading mobile broadband telecommunications service provider. By design, the initiative offers Smile subscribers the…

Peter Obi lists three-way out of recession at GOCOP summit in Lagos

…Bankers’ Committee feels Nigeria may have exited recession in 2nd or 3rd quarter 2017 Successful development banker, economist and former governor of Anambra State, Dr. Peter Obi in Lagos on Thursday, crafted three strategic way-out of recession for the Nigerian economy….

From about 83.2m individual bank accounts, only 29.9m captured in BVN—NIBSS

Indications have emerged that more is still needed to be done in creating awareness for the mandatory Bank Verification Numbers (BVN) exercise. This stemmed from the latest revelation of the Managing Director of Nigerian Inter Bank Settlement Services (NIBSS), Adebisi…

Opinions differ on how best to handle N30tn revenue loss as 11 firms own up

Suggestions are beginning to grow on how best to track the observed N30tn infractions believed to have perpetuated by some named mega companies following the recent indications presented by 11 of the named firms at the floor of the Senate…

We are not currently recruiting at NNPC, Baru warns Nigerian job seekers, scammers

Considering rising cases of job scam hanging around the Nigerian National Petroleum Corporation (NNPC), the company has once again, announced that it never inaugurated a recruitment campaign of any kind and currently does not recruit. In recent times, there had…

Egina field to begin oil exploration in Q4 2018, says Total

Emerging major deepwater development in Nigeria, Egina oil field is expected to achieve first oil in the fourth quarter of 2018. The floating facility is coming with a capacity to increase the nation’s oil production by 200,000 barrels per day….