Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

Between 1trn saved from subsidy and NNPCL’s $3bn Afrexim Bank loan

Whereas many economic experts have started doubting President Bola Tinubu’s claims that his government has saved close to N1trn from the removal of fuel subsidy as the NNPC left it to borrow from Afrexim Bank, analysts have given insights to…

NIMASA Search & Rescue Team hits Majestic Rig Collapse site

In line with the mandate of the Nigerian Maritime Administration and Safety Agency, NIMASA, which includes safe shipping and cleaner oceans, a team comprising of Search and Rescue and marine accident investigation officers have been dispatched to the scene of…

Uzodimma Gifts 4 FIFA Women World Cup Players from Imo, $10,000, land each

Imo State Governor, Senator Hope Uzodimma has received members of the Nigerian Super Falcons from Imo State who participated in the FIFA Women World Cup Tournament, describing them as good ambassadors of both Imo State and Nigeria. The four Imo…

NPA MD, Koko receives African Leadership Media Group from UK

Managing Director of Nigerian Ports Authority (NPA), Mohammed Bello Koko (2nd left), Senior Bureau Head, African Leadership Magazine, Bernard Adeka (3rd left), GM Corporate and Strategic Communications, Josephine Moltok (2nd right), other officials of African Leadership Organization during a courtesy…

ICT

New Google’s W/Africa Director visits NITDA, Assures partnership

The Google West Africa presented its new Director for the continent, Mr. Olumide Balogun to the Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa, as Tech Giant it promised to deepen the collaboration that exists between the two…

ICT

Just in: G-Kala splashes cash rewards on Glo customers

An incentive program has been launched by MoneyMaster PSB (MMPSB), a payment service bank supported by Globacom, for Glo subscribers who register and activate their own G-Kala wallets. The offer, which gives customers monetary gift if they take advantage of…

Global stocks drop on China jitters as BOE hike further on hot wage data

By Edward Moya   US stocks remained heavy after a robust retail sales report sent yields higher and raised the odds that the Fed might not be done raising rates. A healthy consumer was supposed to drive soft landing calls,…

Just in: American returnee, Afolabi floats new airline, Green Africa

The CEO of Green Africa airline, Mr. Babawande Afolabi, is an American returnee has who invested and launched a new airline, Green Africa in Ibadan. Already, he has just taken delivery of the new airplanes in Lagos. Babawande who is…

Kenya makes U-turn, reverses fuel subsidy as FG disowns further price rise

After nationwide protest, Kenya has reinstated a small subsidy to stabilise retail fuel prices for the next 30 days in the country. This is coming as the Fe3deral Government Tuesday, denied any plan to further jerk up the price of…

Lagos set to host Catholic Communications Assembly for Africa

All is set for Lagos, the commercial centre of Nigeria to host Catholic Bishops and communication experts across Africa, as they gather to celebrate the 50th anniversary of the Pan African Episcopal Committee for Social Communications (CEPACS). According to the…