Have a read of this thread...maybe ihug are blocking some ports???
nz.comp | Google Groups
So first of all try changing ports. In LW go tools > options > advanced > firewall config. Change LW's listening port to 64049 (or something in the range of 49152 - 65535) > Apply > ok.
If that doesn't help, delete LW's preferences folder when LW's properly closed. See point 3 here & also point 2 if you've used older versions of LW in the past (there could be a folder in either location).
Fixes for LimeWire
This will kill all of your settings within options, you'll have to go back through afterwards & reset things. If you're not sure of your settings, go through LW's tools > options & write them all down, so that you can reset things later.
If that doesn't help

...try port forwarding. These are the instructions for your router.
Port Forwarding for the Billion BIPAC 7500g
Don't forget the step of setting up a static IP address first. LW's listening port, port in the 'manual port forward' box & port forwarded within a router all have to be the same number