Business Hilights

Tracking Nigeria's Headline Business News Online

Industry

ARB 2023: Business interruption to double tourism industry risks

Business interruption is the biggest concern for companies in the hospitality, leisure, and tourism industry, according to the Allianz Risk Barometer (ARB) 2023. Despite positive moves to diversify business models and supply chains since the pandemic, businesses continue to experience…

My Administration will digitize ASPMDA, stamp out fake products—Hon. Emechebe

The newly inaugurated President of Auto Spare Parts and Machinery Dealers Association (ASPMDA), Hon. Ngozi Emechebe (Nmiri Oma), in this Executive Media Chat with a set of Nigerian journalists lead by Business Hilights in his office, has assured to take…

Uzodimma hails Imo son and new NLC President, Joe Ajaero

Governor Hope Uzodimma of Imo State has congratulated the newly elected President of the Nigerian Labour Congress (NLC), Comrade Joe Ajaero, saying he has joined the many sons and daughters of Imo who have made the State proud. Comrade Ajaero,…

RCCG’s Trinity Smart Towers in Lagos for Dedication on Sunday

All is set for the glorious dedication and opening of multibillion naira church auditorium of the Redeemed Christian Church of God (RCCG) on Sunday 12th February 2023. The imposing structure is coming on a 14 floors featuring an auditorium seating…

Iwuoha-Daniels lists membership benefits of NBCC in Nigeria

The General Manager of the Nigerian-Belgian Chamber of Commerce (NBCC), Jennifer Iwuoha-Daniels has highlighted the advantages of joining the Chamber by Nigerian businessmen and women. Recall that NBCC is the foremost bilateral Chamber in Nigeria with the objective to bridge…

USA: Powell ‘disinflationary process’ comment unveils ‘year of opportunity’

Reactions by the Federal Reserve’s Chair, Powell on Tuesday, are likely to “kick start a year of important opportunities” for global investors, predicts the CEO and founder of one of the world’s largest independent financial advisory, asset management and fintech…

Buhari dedicates Kaduna Trade Fair To Dangote Group

Being driven by mapped out strategies to expand market share and reach more customers, the management of the Pan-African conglomerate, Dangote Group has announced its partnership with Ogun and Kaduna states Chamber of Commerce and Industry to stage this year’s…

IVM blames Petronella Nig Ltd for delay in service delivery

The attention of leading indigenous auto manufacturing giant, Innoson vehicles Manufacturing (IVM) has been drawn to a false media report currently circulating in some social media platforms and news platforms, which is highly misleading, ordinarily we would have ignored the…

Presco Plc reports standalone EPS of NGN3.48 in Q4-22

Presco Plc (PRESCO) published its Q4-22 unaudited financials Tuesday, reporting a standalone EPS of NGN3.48 (Q4-21: NGN5.09), underpinned by a sharp uptick in net finance cost (+5736.7% y/y). For 2022FY, the EPS settled at NGN21.47 (2021FY: NGN19.32), recording an increase…