Business Hilights

Tracking Nigeria's Headline Business News Online

Industry

Blessing in disguise: At last border closure raised MPV by 41.8%

No doubt, the hues and cries that greeted last year’s total closure of land borders may have metamorphosed into blessing as the nation’s Manufacturers’ Production Value (MPV) has shut up by 41.8%. This was revealed in the Manufacturers Association of…

Okezie directs payments of arrears of worker’s check-off dues, if any

Abia State Governor, Dr Okezie Ikpeazu has directed that arrears of worker’s check-off dues, if any, owed to industrial unions in the state be paid immediately. The Chief of Staff to the Governor, Dr A.C.B Agbazuere who conveyed the Governor’s…

Report sets out practical steps for Africa to survive post Covid-19

As several countries continue to rebuild from the COVID-19 pandemic, a new guide by Sustainable Energy for All (SEforALL) shows how clean energy investment can support countries to ‘Recover Better’, and use this unique moment to reset their economies and…

CACovid builds, donates 150-bed isolation centre, medical equipment to Lagos

The Private Sector led Coalition Against COVID-19 (CACOVID) has donated a 150-bed fully equipped  isolation facility with medical equipment worth millions of naira to the Lagos State Government, to provide support in the fight against the virus within the state….

Ghana Cocoa Board, AfDB, financial partners celebrate loan access for productivity

Ghana Cocoa Board (COCOBOD) and lenders have welcomed the first disbursement of $200 million of a syndicated loan facility to boost cocoa productivity in the world’s second-largest producer. The occasion was marked by a ceremony held in Accra, Ghana on…

Dangote Owns the Obu-Okpella mines

… As FG declares BUA’s mining leases non-existent The Management of Dangote Group on Monday denied the claim by the BUA Group to the mining sites in Obu, Okpella, Edo State, refuting the ownership claim, as the latter said it…

Dangote boosts Economic Diversification with Maiden Clinker Shipment

…MAN Commends Dangote for Spearheading Nigeria’s Export Drive To reaffirm its status as the biggest cement producer in Africa, Dangote Cement has set the pace with the exportation of 27,800 metric tonnes of clinker to a neighbouring African country. With…

Delta unveils Unique Global Cleanliness Division for long-term commitment to clean

Delta is establishing the airline’s first Global Cleanliness division, a new department within the Customer Experience organization dedicated to innovating and evolving our already-high cleanliness standards. In the three months since the global pandemic dramatically impacted the world, teams across…

Dangote, MTN emerge most admired African brands

For the third time in a row, Dangote Group has emerged as the most admired African brand, of African continent origin, by consumers, paired with t he telecommunication giant, MTN in a survey of 100 Africa best brands announced in…

BUA Cement records 2019FY EPS decline of 5.3% y/y to NGN1.79/s

BUA Cement published 2019FY audited financials after the close of market yesterday, which showed that the company recorded a 2019FY EPS decline of 5.3% y/y to NGN1.79/s, mostly on input cost pressure as well as a tax charge incurred over…