Business Hilights

Tracking Nigeria's Headline Business News Online

Month: April 2018

Tone of Catholic bishops’ letter to President Buhari and 2019 election; Issues

Since President Muhammadu Buhari declared interest to contest for second term in office earlier this month, there has been growing alignment and realignments within the political space both in the ruling All Progressive Congress (APC), opposition Peoples Democratic Party (PDP)…

PDP lays ambush on Buhari, asks Trump to advise him on endless killings, 2019 today

As all is set for US President, Mr. Donald Trump to host President Muhammadu Buhari at the White House today in Washington DC, the opposition Peoples Democratic Party (PDP) has asked President Trump to call his visitor to order in…

Ahead of 2019: WAKE UP O’ KING, YOUR KINGDOM IS DYING!

By Chuks Akamadu Many many years ago, Sunny Okosuns was forced to sing “Which Way Nigeria…?” In the same milieu, a compatriot of his named Peterside Otong, under similar circumstances also had to tearfully ask, in one of his songs,…

Political alignment, realignment on the increase nationwide ahead of 2019 election

…As chieftains, 5,000 members dump APC for PDP in Bayelsa While the Chief Olusegun Obasanjo-led Coalition of Nigeria Movement (CNM) recently claimed that their membership has risen to three million even though it is not yet a political party, latest…

Royal Pacific Group to unveil Nigeria’s first 7-star hotel, Abuja Fraser Suites on May 9

Nigeria’s first ever seven-star apartment hotel, the Fraser Suites, developed and promoted by the international real estate developer and investor, Royal Pacific Group, is set for inauguration on May 9, 2018 at an exclusive guests-only ceremony. A statement issued by…

Lagos, Ogun, Enugu, two other lead in ASVI as 17 states can’t survive without FAAC

More reasons why majority of the states of the federation will not subscribe to true federalism and restructuring have emerged. Otherwise, the economic diversification of the current administration which many states had subscribed to are not taken seriously by other…

Dangote Foundation now Aliko Dangote Foundation, gets $1.25bn endowment

…Expands outreach assistances, services In line with fresh endowment to the tune of $1.25 billion by the founder/President of Dangote Group, Alhaji Aliko Dangote, the Dangote Foundation has unveiled a new name; Aliko Dangote Foundation (ADF). Besides, the new reforms…

Police confirms killing of 10 miners by herdesmen in Kaduna

The Commissioner of Police in Kaduna State Police, Austin Iwar on Sunday confirmed that 10 miners were killed by armed bandits in Birnin Gawri Local Government Area even though locals linked to killings to Fulani herdsmen. The 10 local miners…

Diamond Bank gives same reason in shutting W’Africa operations for leaving UK

Nigeria’s retail banking giant, Diamond Bank Plc has given exactly the same reason it presented for closing its West African operations for divesting its 100 per cent holdings in Diamond Bank UK. According to the Managing Director/ Chief Executive Officer…

Recession, adverse credit conditions impacted Access Bank earnings in 2017–Wigwe

The Group Managing Director of Access Bank Plc., Mr. Herbert Wigwe, has given clear explanations on why the return of high yield to investors was affected in the 2017 financial year. In his remarks at the bank’s recent Annual General…