Business Hilights

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Business Hilights

Rating expert reveals key consumer lending challenges of Nigerian banks

Managing Director and chief executive officer of CRC Credit Bureau, a Central Bank of Nigeria-licensed credit score reporting company, Mr. Tunde Popoola, has given insights on the core issues frustrating Nigerian banks in giving credits to small businesses. In an…

Disquiet at Lagos Customs commands over ban on Customs checkpoints by CG

Barely 24 hours after the announcement by the Nigerian Customs Service (NCS) Comptroller-General, Hameed Ali on Tuesday ordering the immediate dismantling of checkpoints, checks in commands around Lagos show sad moods and fears of meeting revenue targets. Most of the…

Customs rakes all time high revenue, hits N486b in first half of 2017

The Nigerian Customs Service (NCS) has said it reached an all-time high record in revenue generation, for the first half of the year 2017, raking in a record N486 billion. According to the Public Relations Officer of the Service, Mr….

NCC Dan
ICT

NCC hosts 9Mobile exco, opens up on why it intervened with CBN

At last, the Nigerian Communications Commission (NCC) has revealed why it was attracted to resolving the Etisalat debt issue, saying it had targeted a hanging $2bn Foreign Direct Investment (FDI) expected from Mubadala of United Arab Emirates, core investors in…

Nnanna Etisalat
ICT

Current board at 9mobile has only 90 to 180 days to sell it– CBN

The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has given more insights on the real time frame and duties of the new management of 9Mobile led by Dr. Joseph Nnanna, former deputy governor of the apex bank….

TD Google
ICT

Zinox, Google relive ICT in Nigeria, open TD outlet in Computer Village

Pioneer investor in Information and Communications technology (ICT) and chairman of Zinox Technologies, Leo Stan Ekeh has opened up on his rise to stardom in the industry, saying “Technically, I pioneered IT in the country about 30 years ago”. Giving…

FG set to concession Onitsha port, postpones delivery of others to election year

Indications emerged in Lagos during the recent 2017 National Inland Waterways Authority (NIWA) International Conference and Exhibition that all the pleas made by South East top business operators and importers during the visit of the Acting president on the need…

FRSC to join vehicle owners in prosecution if drivers break road safety rules

As part of renewed drive to curtail rising recklessness and abuse of road safety provisions, the Federal Road Safety Corps (FRSC) said on Wednesday that henceforth, owners of articulated vehicles including tankers and trailers are to be arraigned and punished…

Ambode sees better development of waterways as Court returns control from NIWA

The coast is now clear for the Lagos State Governor, Akinwunmi Ambode to unleash massive redevelopment of inland waterways in the state following the judgment of Appeal Court in Lagos which set aside the judgment of the Federal High Court…

Nigerians see hope for rural economy as Senate okays autonomy For LGs

Wednesday’s approval for clear autonomy for the third tier of government, the Local Government by the Senate during the clause by clause adoption of the amended provisions of the 1999 Constitution has started generating reactions from Nigerians. Currently, local government…