Business Hilights

Tracking Nigeria's Headline Business News Online

Alhaji Lai Mohammed

Lai Mohammed to open 7th Lagos PR Stakeholders Conference

The Lagos State Chapter of the Nigerian Institute of Public Relations today announced that national peace and security will be the thematic focus of the web edition of the seventh Lagos Public Relations Stakeholders’ Conference, holding on Thursday, August 27,…

NBC best logo

FG gives 60% waiver on debt owed NBC by broadcast stations on condition

The Federal Government Monday announced what it described as Covid-19 palliative for the broadcast industry by cutting off 60% of licence renewal debts of all broadcast stations in Nigeria. However, announcing the largesse, Minister of Information and Culture, Alhaji Lai…

NBC Lai and Kawu

Just in: 70% local content on adverts, music production takes effect

Federal Government Thursday tactically put a stop to the endless capital flight mainly into South Africa and other economies for production of video advertisements targeting Nigerian TV audience. The notification is contained in an official directive handed down to the…

Angola’s national carrier takes position ahead of AfCFTA, begins flight to Nigeria

As the Federal Government is yet to present a clear policy that will drive Nigeria Air as the emerging national carrier, African national carriers are currently expanding their frontiers and capacities in view of the long awaited full takeoff of…

With 11 out of 34 rice mills, Kano becoming Nigeria’s Rice capital

…As fear of not recovering N146bn Rice ABP’s loan weakens FG price control Recent tour of Kano on assessment of the impact of the border closure on the entire rice production value chain, has revealed the deepening intensity of rice…

NBC Lai Idachaba

Lai Mohammed’s NBC reform report silent on DSO, DG

Industry experts have started picking holes on the recently submitted Report of the National Broadcasting Commission (NBC) Reform Implementation Committee in Abuja to Minister of Information and Culture, Alhaji Lai Mohammed, following the observed oversight that it failed to make…

Nigeria Air: SAA gives FG tips on national carrier at 20th anniversary

Barely three months after the Federal Government through the Minister of State for Aviation, Capt. Hadi Sirika announced the surprising suspension of activities to launch Nigeria Air, the South African Airways (SAA) has projected a return to profitability in the…

Twist as FG denies agreeing N30,000, Labour, Atiku react, say it’s N30, 000 or strike

The strange response of the Minister of Information, Alhaji Lai Mohammed after Wednesday’s Federal Executive Council meeting that “I think it (N30,000) was a recommendation, Mr President will consider it and will make his views known in due course,” has…

TStv Alvan

FG may cancel TStv’s 3-year tax holiday for not standing firm in competition

Another wave of trouble may be in the offing for troubled cable television firm, Telcomm Satellite TV (TStv), which recently raised alarm that its rollout is facing severe battle from other operators in the industry for the past 10 months….

FG may not deliver three speed rail line projects due to funding gap—Minister

Chances of the current administration to deliver the ongoing three key major railway projects including Lagos to Kano, Lagos to Calabar and Port Harcourt to Maiduguri look very slim as government has said it is looking for ($46b) N16.56tr for…