Business Hilights

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Business Hilights Intelligence Unit (BHIU)

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Surging Nigerian internet users may get stocked by weak broadband soon—BHIU

With the recent report released by the Nigerian Communications Commission (NCC) on its website that Nigeria’s internet Users have hit 100.9m in February from 1.2 million in January, the indication is rife that very soon, available infrastructure will begin to…

Sights and sounds of Nigerian economy last week ending April 14, 2018

One of the major developments that trended last week was the declaration by President Muhammadu Buhari to run for re-election in the upcoming 2019 general election. However, the declaration failed to elicit any meaningful reaction on the movement of stocks…

Delay in budget passage, official minus for FG’s ease of doing business drive—BHIU

Since the second quarter of 2017, the Federal Government of Nigeria kick-started a serial campaign it called ‘ease of doing business’ with seemingly marching policies and executive orders to convince both foreign and indigenous investors that doing business in Nigeria…

PwC report calls for deep pocket investments in ports to strengthen trade, economy

The latest PwC report released in Johannesburg on Thursday, has noted that African maritime nations need to take advantage of the economic potential of their ports and shipping sector if they are to realise their growth ambitions within the ambits…

Yielding bee species in Africa reside in Nigeria due to favourable climate, but…—Abbas

Indications have emerged showing that Nigeria has a clear comparative advantage over the rest of Africa in the production and export of honey. This is based on the fact that research has shown that Nigeria has the potential to produce…

Leading activities on the Nigerian economy last week ending Mar 30, by BHIU

Last week business activities were ushered in with the revelation from the National Bureau of Statistics’ (NBS) Domestic and Foreign Debt report for Q4-17 and 2017FY, which noted that Nigeria’s foreign and domestic debts stood at USD18.9bn and NGN3.35trn respectively…

Ogun gradually draining Lagos deep pocket investors’ with attractive incentives

…As Osinbajo, Ministers ready for state investors’ forum Investigations by Business Hilights Intelligence Unit (BHIU), the research arm of Business Hilights publications, has revealed that “mega manufacturing firms that hitherto do production in parts of Lagos State have gradually started…

‘Cabals’ involved in printing Nigerian passports in Malaysia can’t allow NSPMC—BHIU

A two months investigation carried out by the Business Hilights Intelligence Unit (BHIU), a research arm of Business Hilights publications has come out with a revelation that “Even though the upgraded Nigeria Security Printing & Minting Corporation (NSPMC) systems can…

MTN’s return to profitability strong boost for early listing in Nigeria—BHIU

A new report released by the Business Hilights Intelligence Unit (BHIU), the research arm of Business Hilights publications has noted that “The recent announcement of return to profitability by the MTN Group in earnings for the year ended 31 December…

MBAN chief lists three key obstacles to seamless mortgage housing access

The leadership of the Mortgage Banking Association of Nigeria (MBAN) has listed three key challenges hobbling the effective stability of mortgage housing supplies in Nigeria. In an interview in Lagos, the President of the association and Chief Executive Officer, TrustBond…