Business Hilights

Tracking Nigeria's Headline Business News Online

Adebayo Shittu

NIPOST begins renewal of 2,000 Post offices nationwide to drive National MFB

The Postmaster General of the country and Managing Director of Nigerian Postal Service (NIPOST), Adebisi Adegbuyi, has disclosed that his agency has jump-started preparations ahead of takeoff of the proposed NIRSAL Microfinance Bank (NMFB). The Central Bank of Nigeria (CBN)…

Broadband Fibre-Optic-Cable

Minister dumps Infracos, sees $100m Indian loan as catalyst for 70% BP by 2021

Just as the December 2018 claims by the Nigerian Communications Commission (NCC) that Nigeria has achieved 30.9 per cent Broadband Penetration (BP), has remained very hard for industry stakeholders to agree, strong indication emerged weekend revealing that the Federal Government…

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FG commissions mobile radio frequency tracker, warns illegal users nationwide

Considering the incessant cases of frequency jams due to rising illegal use of frequency across the country and mainly in city business districts, the federal Government has commissioned Mobile Radio Frequency Monitoring Equipment in Abuja. Explaining the aims and objectives…

Twist as CBN differs with Minister on reason behind new national MFB

Contrary to earlier belief that the emergence of the proposed National Micro Finance Bank (NMfB), was as a result of the planned unbundling of Nigerian Postal Service (NIPOST), made nearly useless by advent of communication technology, the Governor of the…

NCC Shittu

FG tricking Nigerians with unverifiable percentage broadband penetration

…As Minister claims 23%, NCC stood at 22%, stakeholders’ see less Ahead of the final lap of the current National broadband Plan (NBP 2015-2018), there has been conflicting information on the real percentage of broadband penetration so far achieved. Recent…


Buhari @ e-Nigeria 2018, says technology inclusion fast-tracking economic growth

President Muhammadu Buhari on Monday, hailed the performance of the National Information Technology Development Agency (NITDA), in monitoring and rolling out strategic technology policies in the nation’s march to knowledge economy. In his address to declare open the eNIGERIA 2018…

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Twist as Minister drags NYSC to court for no call-up letter in 1979

A new twist emerged Monday on the ongoing controversy over the none participation of the Minister of Communications, Adebayo Shittu in the mandatory National Youth Service Corps (NYSC) after graduation from the University of Ife in 1979, a year after…

Nigerians express worry over the uselessness of NigComSat to every industry

Several Nigerians are beginning to lose confidence over the predicted volumes of merits that will come from the operations of the Nigerian Communications Satellite (NigCOmSat) Limited in the last couple of years. During the last lap of former President Olusegun…

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NYSC: Shittu’s case worse than Adeosuns’ because it’s deliberate—PILL

Chairman of Public Interest Lawyers League (PILL), an Abuja-based pressure group, Barr Abdul Mahmud has described the trending story of dodging the mandatory National Youth Service Corps (NYSC) by the Minister of Communications, Barr Adebayo Shittu as worse than Kemi…


FG to inaugurate e-Government services firm to boost OGP

All is set for the Federal Government to establish an e-government services company that will grow the current administration’s quest to engender Open Government Partnership in Nigeria (OGP). Minister of Communications, Dr. Adebayo Shittu stated this during a meeting of…