Business Hilights

Tracking Nigeria's Headline Business News Online

Industry

Nigeria’s Economic Indices Looking Bleak—NBS

The recently released Q2-22 GDP report by the National Bureau of Statistics (NBS) showed that Nigeria maintained its positive growth trajectory for the seventh consecutive quarter after the COVID-19-induced decline in Q2-20 and Q3-20. Precisely, real GDP grew by 3.54%…

Travel Agencies Asks S’African Govt to End Trophy Hunting

Some of the world’s largest travel companies, including Booking.com, Expedia Group and TripAdvisor, have signed a joint statement to the South African government asking them to publicly commit to ending trophy hunting – all pushing for a ‘wildlife friendly’ future…

Konga Begins monthly public townhall session Thursday

Konga, Nigeria’s leading composite e-commerce giant, has pioneered another exciting initiative, bringing together customers and senior company executives for a virtual interactive session – Chat with our Executive Management – to be held monthly. The maiden edition of the innovative…

The Big 5 Construct Nigeria: paves the way for industry growth

At The Big 5 Construct Nigeria, taking place between 27 and 29 September 2022 at the Landmark Centre in Lagos, leading industry buyers and sellers from Africa and beyond will come together to promote innovation, share cutting edge knowledge, and…

Industry

Zambia Begs Dangote to Help Develop Its Fertiliser Industry

The Zambian Minister of Commerce and Industry, Mr. Chipoka Mulenga, has sought the assistance of the President, Dangote Group, Aliko Dangote in the development of his country’s agricultural sector. Chipoka Mulenga, who led a delegation from Zambia on tour of…

FG Names Dangote Chairman of National End Malaria Council

…As Industry Magnet Pledges private sector support Industry Magnet and Chairman of Aliko Dangote Foundation and Africa’s richest man, Aliko Dangote has been named the pioneer Chair of the National End Malaria Council (NMEC), a body established by President Muhammadu…

Prof. Agbazuere, Chief Shaka Obasi Hail World Tourism Day Celebration In Abia

The PDP candidate for Isialangwa North and South Federal Constituency for the forthcoming election, Chief Anthony C.B. Agbazuere has said that Nigera will be great, “If we have five percent of Nigerians who show signs of patriotism to development of…

Shelter Afrique Appoints New Chief Executive Officer

Nairobi-based pan African housing supply giant, Shelter Afrique has appointed Thierno-Habib Hann as the new Chief Executive Officer to succeed Mr. Andrew Chimphondah who left the company early this year. Mr. Hann currently serves as the Asia/Pacific Lead for housing…

Nigeria’s inflation jumps to 17 years high at 19.64%

Latest details according to the National Bureau of Statistics (NBS) showed that consumer prices rose by 105bps to 19.64% y/y in July (June: 18.60% y/y) – the highest print since September 2005 (24.32% y/y). Parsing through the breakdown, price pressures…

Ghana Inflation Rate Jumps to 31.74% y/y in July

According to the recently released inflation report by the Ghana Statistical Services (GSS), headline inflation rose by 192bps to 31.74% y/y in July (June: 29.82% y/y) – the highest print since November 2003 (33.63% y/y). Parsing through the breakdown provided,…