Business Hilights

Tracking Nigeria's Headline Business News Online

Banking/Investments

MTN Nigeria unveils Y’ello Hope Package to address the impact of COVID-19

In the words of Sir Winston Churchill “Come then, let us go forward together with our united strength.” As more and more people nationwide brace for the immense human, economic, and social cost of the COVID-19 pandemic, we want to…

Mike Adenuga Foundation joins fight against COVID-19 with N1.5b donation

More donations have continued to come from leading private sector operations to the fight against COVID-19 pandemic in Nigeria. The latest is from the Mike Adenuga Foundation (MAF), which donated the sum of N1.5 billion to the cause. The donation…

NNPC leads wealthy Nigerians, corporate citizens to gross COVID-19 donations

President Muhammadu Buhari has saluted the public-spiritedness of wealthy Nigerians and organizations for standing up to be counted in the battle against the Covid-19 pandemic. The President commends members of the Nigerian Private Sector Coalition Against Covid-19, made of people…

Heritage Bank offers seamless service to beat impacts of COVID-19

As the world grapple with the impact of the outbreak of Coronavirus pandemic, which has continued to cause worldwide challenges for healthcare systems, economies and corporate organisations, Heritage Bank Plc has taken practicable steps to offer seamless services to customers,…

COVID-19 may be a blessing if W/Bank, IMF vote debt relief for Nigeria, others

A strategic discussion and arrangements is currently on the tables of the duo of the World Bank Group and International Monetary Fund (IMF) to track and urge all bilateral creditors to suspend debt payment from Nigeria and 75 other International…

Just in: UBA votes N5bn to COVID-19 relief support across Africa

United Bank for Africa Plc (UBA) Thursday announced a donation of over 5 billion Naira (USD14 million), through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the coronavirus (COVID-19) global pandemic. The donation will provide…

COVID-19: Ecobank unveils ‘StaySafeNigeria’ awareness drive

As part of its corporate social responsibility in fighting COVID-19 pandemic, continental retail banking giant, Ecobank Nigeria has launched a ‘StaySafeNigeria’ media campaign. In a statement, the bank said the launch is to support measures to check the rising spread…

Access Bank to grow Diamondxtra account uptake to 100m in 2022— Etuokwu

With the current 41 million Diamondxtra account owners across Nigeria, Access Bank Plc is scheming to push up the volume to 100 million by 2022 via the process of the bank’s all-inclusive prosperity drive anchored on financial inclusion. Speaking recently…

One month after, NIMC silent on W’Bank facility for NIN, NDIEP

On Wednesday (February 18, 2020) in Washington DC, the World Bank announced the approval of Nigeria’s digital identity ecosystem project along with five others, aimed at assisting the country to empower citizens, especially marginalised groups, to access welfare-enhancing services. The…

Just in: CBN’s MPC votes to leave all monetary policy metrics unchanged

The Monetary Policy Committee (MPC) of the Central bank of Nigeria (CBN), Tuesday, unanimously elected to maintain the status quo by keeping all monetary policy metrics at current levels. The rates are left as follows: *Monetary Policy Rate (MPR) at…