Business Hilights

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Business Hilights

Instant Payment Transactions to Surpass 376bn Globally by 2027— Juniper Research

A new study from Juniper Research has found that the number of instant payment transactions will exceed 376 billion globally by 2027; increasing from 97 billion in 2022, a 289% growth. It predicts that an increased roll-out of instant cross-border…

ICT

NCC Pledges Support to Nigeria’s Blood Management Agency

Telecoms regulator, the Nigerian Communications Commission (NCC) has said it is willing and ready to offer any support required by the National Blood Service Commission (NBSC) to enable the latter to achieve its mandate of regulating, coordinating, and ensuring “the…

ICT

How Inflation, Diesel, Market Forces shut up Cost of Services Globally

With only about few weeks before the end of 2022, it is difficult for the year to be remembered for anything other than the war in Ukraine and the chaotic shock waves that inflation drove into the fabric of the…

Innoson Ships $4.5m worth of cars to Sierra Leone

Innoson Motor Manufacturing Company has exported $4.7 million worth of cars to Sierra Leone. The cars were purchased by the Sierra Leonean Ministry of Defence.

UniBen’s Ph.D student, Eghosa produces one-ton utility truck

A Ph.D student from the Faculty of Engineering, University of Benin, has produced and showcased a one-ton utility truck. The vehicle was developed by Engr. Igbinosa Eghosa of the A Report by the Public Relations and Protocol Unit, made available…

Access Holdings Completes Acqusitrion of Indirect Stake in Sigma Pension

Access Holdings Plc (which trades as Access Corporation) has completed its acquisition of an indirect equity stake in Sigma Pension. A corporate disclosure made available to Business Hilights averred that following the acquisition, Access Holdings has merged its FGPL with…

Heritage Bank supports over 500 widows, bags UN Award

Leading financial institution, Heritage Bank received the 2022 United Nations Award for Humanitarian Service by the Widows & Orphans Support Society of Nigeria (WOSSA), as no fewer than 500 widows and orphans in Lagos State benefitted from the Bank’s supports….

ICT

Telecom policies driving digital access, media, knowledge productivity – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has said that diligent implementation of various telecommunications policies, strategies and regulatory frameworks has continued to enhance the nation’s capacity to deepen citizens’ access to digital resources,…

Political class must pay attention to entertainment industry, says Uzodimma

Governor Hope Uzodimma of Imo State has advised the political class in Nigeria to pay closer attention to the entertainment industry as there is much to gain therefrom. The governor said anyone in doubt about the positive impact the entertainment…

Seplat Energy earns rare ISO 55001:2014 Asset Management System Certification

Seplat Energy Plc., a leading Nigerian independent Energy Company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has announced that it has successfully obtained the ISO 55001:2014 Standard Asset Management System certification, becoming the first energy…