Business Hilights

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Business Hilights

NNPCL’s 20% stake in Dangote Refinery’ll slash import from August—Finding

Fact check by Business Hilights has suggested that as soon as the Dangote’s 650,000 barrels per day crude oil processing refinery begins outputting products, the Nigerian National Petroleum Company (NNPC) Limited will cut down on its import orders and switch…

NIBSS slashes fees as Nigerians remain confused on debits from transfer

Whereas the Nigerian Inter-Bank Settlement System (NIBSS) has announced drop in its transaction processing fee for NIBSS Instant Payment from N5 to N3.75k effective July 1, 2023, many bank customers have continued to query the rising number of debits following…

Konga logo 88
ICT

Konga sets June 13 for Samsung Special Deals Day

Customers of Konga, Nigeria’s leading composite e-commerce giant, are in for a treat on Tuesday June 13, 2023 with an exclusive one-day sale of Samsung products as part of activities for the month-long Konga Mid-year Shopping Festival which ends on…

Pantami’s History of Digital Deception and Desperation?

By Tokunbo Adebayo   In a recent press statement, Isa Ali Pantami, the former Minister of Communications and Digital Economy, shamelessly proclaimed that he single-handedly raised the ministry’s quarterly revenue from a meager N51.3 million to a staggering N408.7 billion….

LIRS, FIRS Give Public Notice On Joint Tax Audit/Investigation

As part of their efforts to beat serial tax evasion, the Lagos Internal Revenue Service (LIRS) and the Federal Inland Revenue Service (FIRS) have issued a public notice on the Memorandum of Understanding (MoU) signed by both agencies to establish…

Just in: Arsenal’s Saka Visits Grandparents In Kwara

After touring strategic locations in Lagos where he had relations including visit to the Lagos State House to meet with the Governor, Mr. babajide Sanwo-Olu, Arsenal star, Bukayo Saka, paid a visit to his grandparents in Oro Irepodun Local Government…

Just in: Gbajabiamila’s valedictory speech as Reps Speaker

VALEDICTORY SPEECH TO THE 9TH HOUSE OF REPRESENTATIVES BY REP. FEMI GBAJABIAMILA, SPEAKER OF THE HOUSE OF REPRESENTATIVES (2019 – 2023). WEDNESDAY, 7TH JUNE 2023. PROTOCOLS Honourable colleagues, fellow Nigerians: I thank God almighty, by whose grace and mercy we…

ALTON Awonuga-Gbenga-Olajide
ICT

ALTON Secured Presidential Exemption on 5% Excise Duty from Buhari—Adebayo

In view of the surprised discovery that upon an express presidential exemption secured by the Association of Telecoms Companies of Nigeria (ALTON) from paying a five per cent excise duty on telecommunication services as contained by the new Finance Act…

Access to Childcare Boost to Nigeria’s Private Sector Productivity– IFC/NGX Report

Improving family-friendly workplace policies in Nigeria, including access to quality childcare for parents, could boost private sector productivity and benefit employees, children, and businesses in the country, according to a report published today by IFC and the Nigerian Exchange (“NGX”…

Fidelity Bank plans Fidelity International Trade and Creative Connect (FITCC)

…takes trade expo to Houston, Texas, USA in October 2023 Relying on the resounding success of the maiden edition of the Fidelity International Trade and Creative Connect (FITCC) in London, UK last November, leading financial institution, Fidelity Bank Plc, has…