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Business Hilights

Just in: MMM coming back, launches weekly promo

Strong indication on Thursday emerged that the money making scam, Mavrodi Mundial Moneybox (MMM), which bolted away about N20bn from Nigerians and collapsed in December 2016, has began a weekly promotion to expand its drag net. The scheme has been…

Ntel Kamar-Abass-
ICT

Frustrations from useless NITEL infrastructure forced Abass to exit nTel

Fresh details that lead to the ouster of the pioneer Managing Director/Chief Executive Officer of NATCOM trading as nTel, Mr. Kamar Abass have emerged. A source close to the former Ericsson top executive in Nigeria told Business Hilights on Wednesday…

NBC Radio Frequency
ICT

NBC reveals cause of radio frequency jams, set to wield big stick

For some time now, many Nigerians who love listening to a particular radio station may have observed that getting crisp clarity from the FM Radio Station either in the village or where he or she currently resides in cities is…

Shittu 66
ICT

Nigeria, India set for new partnership to drive growth in information technology

As part of renewed efforts of both Nigeria and India to deepen trade relations, both governments are set to forge closer cooperation in a determined effort to accelerate growth in Information and Communications Technology. The drive is expected to boost…

MTN shop
ICT

MTN partners Lagos to unveil Bus Shelter Kiosks initiative for youths SMEs

As part of its new drive to grow youths’ engagement and self employment, leading telecoms group, MTN Nigeria has partnered Lagos State Government to create conducive environment for commuters by introducing Bus Shelter Kiosks initiative. The deal is to construct…

Why 13 creditor banks suddenly seized fire on 9mobile, formally Etisalat

Two weeks of undercover investigations by Business Hilights Economic Research Team (BHERT) on why the rush and aggression deployed by the consortium of 13 banks fighting for their trapped $1.2bn at Etisalat Nigeria, now 9Mobile suddenly eased has paid off….

Union Bank introduces new digital solutions to rake in 80m unbanked Nigerians

Leading first generation banking institution, Union Bank has drawn up plans to soak up over 80 million unbanked customers (about 47 per cent of Nigeria’s population), with unveiled innovative banking solutions. Top in the array of the solutions include cardless…

Revealed: FG has no accurate data on fuel consumption in Nigeria

Indication has emerged that contrary to claims of yesteryears by government agencies that Nigeria consumes certain number of Premium Motor Spirit (PMS), otherwise known as petrol either on a daily basis or yearly has been mere speculation. The scenario has…

Maritime stakeholders want Peterside to face NIMASA, leave Rivers politics alone

In view of the observed random involvement especially in regularly challenging the Governor of Rivers State on policy issues while still serving as the Director General of a critical agency of the federal government, stakeholders have advised the Director General…

Lagos begins reconstruction of new 10 lane Airport Road next month – Ambode

Barley one month after the Acting President, Yemi Osinbajo ceded to the age long request of the Lagos State Government to lift the face of Muritala Mohammed International Airport access road linking Oshodi, Governor Akinwunmi Ambode on Wednesday revealed that…