Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

ICT

Virtual Mobile Operator becoming vital component for Africa’s economy

As of the end of 2022, there were officially 1,986 mobile virtual network operators (MVNOs) deployed and operational worldwide, of which around 50% were in Europe. However, this figure may not be entirely accurate. In addition, there is an informal…

ICT

Take advantage of Nigerian population on IHATCH, Japan tasked

Take advantage of Nigerian population on IHATCH, Japan tasked By James Ishaku As part of the current administration of President Bola Tinubu’s commitment towards creating meaningful opportunities for Nigerian youths, the Director General Of the National Information Technology Development Agency…

Commission, EIB, Breakthrough Energy Catalyst partner on climate technologies

Friday at the COP28 in Dubai, Commission President Ursula von der Leyen, Founder of Breakthrough Energy Bill Gates, and European Investment Bank President Werner Hoyer announced the first two European projects to be supported by the EU–Catalyst partnership: Ørsted’s FlagshipONE…

$20bn Value Chain for Sustainable Farming Coming

The World Economic Forum, with support from the Government of the United Arab Emirates, along with more than 20 corporate and research partners in the food sector, launched today the First Movers Coalition for Food. The initiative uses the combined…

ICT

Digitizing MSMEs key to business optimization

Considering the critical roles digitalisation and technology play in optimising the operation of businesses in the 21st century, the Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, CCIE has averred that digitising the Nation’s Micro, Small and…

Shippers’ Council drives seamless movement of cargoes in Nigeria’s ports—CEO

The Executive Secretary and Chief Executive Officer of Nigerian Shippers’ Council ( NSC), Barr. Pius Akutah has said that Nigerian Shippers’ Council (NSC), as Port Economic Regulator promotes seamless movement of cargoes as well as efficiency of the nation’s ports….

Ecobank grows earnings to N1.21tn from N761.29bn

Pan African financial group, Ecobank Group grew its gross earnings by 59 per cent to N1.21tn at the end of September 2023 from N761.29bn as of the same period in 2022. This was indicated in the Audited Consolidated Financial Statements…

ICT

Sophos Anticipates AI-Based Attack Techniques, Prepares Detections

Aglobal leader in innovating and delivering cybersecurity as a service, Sophos, today released two reports about the use of AI in cybercrime. The first report—“The Dark Side of AI: Large-Scale Scam Campaigns Made Possible by Generative AI”—demonstrates how, in the…

Zenith Bank, CFA Institute to drive Finance, Investment Skills

Leading financial giant, Zenith Bank Plc has signed a Memorandum of Understanding (MoU) with the Chartered Financial Analyst (CFA) Institute to promote efforts and activities that support the formation, training, and updating of human capital in finance and investment for…

ICT

COP28: NASENI EVC, Halilu To Speak On Homegrown Technologies

The Executive Vice Chairman/Chief Executive Officer (EVC/CEO), National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu is set to detail the Agency’s plans and strategies for rural electrification in Nigeria using homegrown technologies. The 2023 United Nations…