Business Hilights

Tracking Nigeria's Headline Business News Online

Nigerian Bureau of Statistics (NBS)

Buhari-and-Saraki
ICT

MDAs still under recession due to bureaucracy in getting operating funds—BHIU

In August 2016, Nigeria slipped into recession, with the latest growth figures showing the economy contracted 2.06% between April and June. Otherwise, the country saw two consecutive quarters of declining growth, the usual definition of recession. Though the Nigerian Bureau…

Nigeria still missing in top 5 growing African economies

Chances of Nigeria rising again to top five growing economies in Africa have been cut short by production statistics rolled out by the Nigerian Bureau of Statistics (NBS) and several international rating agencies and global financial monitoring institutions. Latest third…

ICT

Lagos is Nigeria’s telecommunications hub—Danbatta, EVC of NCC

The Executive Vice Chairman of Nigerian Communications Commission (NCC), Prof Umar Garba Danbatta has said that Lagos state is the telecommunications hub of Nigeria. In his address of welcome at the Lagos flag off of the 2017 Year of Nigerian…