Business Hilights

Tracking Nigeria's Headline Business News Online

Banking/Investments

UBA partners DRB LasGidi, upgrades NextGen Account with finest offerings

Coming on irresistible zero charge on all transactions, the Pan-African financial institution, United Bank for Africa (UBA) Plc, has revamped its NextGen account which targets students in tertiary institutions and members of the National Youth Service Corps (NYSC). The new…

Expansion of Africa’s ‘Big 5’ to drive Africa’s economic outlook 2020—AfDB

“For the first time in a decade, investment expenditure rather than consumption accounts for more than half of GDP growth; report calls for urgent investment in education and infrastructure for good returns in long-term GDP; “Youth unemployment must be given…

Technology to drive Nigeria’s mechanised farming—FG

The Minister of Agriculture and Rural Development, Alhaji Sabo Nanono has disclosed that the Federal Government drive to mechanised agriculture will be powered by full technology package transfer covering all stages from agricultural production to industrial processing, packaging and marketing….

Fidelity Bank celebrates Greatest Maths’ teacher with job at Academy

Retail banking giant, Fidelity Bank Plc has brought succour to physically challenged Chemical Engineering graduate, Mr. Micheal Sowunmi who is fondly referred to as “the world’s greatest teacher” on account of his love for teaching. As part of the Sowunmi’s…

UBA fetes 100 Customers with N10m in New ‘UBA Bumper Account’ Promo

Pan African financial institution, United Bank for Africa (UBA) Plc has launched the ‘UBA Bumper Account’, a hybrid account, targeted at transforming the lives of its customers. The new account is in line with the bank’s mission of creating superior…

Like defunct Diamond, Union Bank begins divestment from UK

More than one year after defunct Diamond Bank exited from United Kingdom banking space, another Nigerian financial institution, Union Bank of Nigeria Plc has entered a share sale and purchase agreement to divest its 100% equity stake in Union Bank…

Tomato Jos Processing Group plans N7bn investment in five years

The Managing Director of Tomato Jos Farming and Processing Limited, Miss Mira Mehta has disclosed that the company will in the next five years invest N7 billion as part of corporate plan to scale up its investment in tomato farming…

3 months after, no signal from Bankers Committee on National Theatre

In September last year the Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele told Nigerians that it has sealed strong understanding with the Nigerian Bankers Committee (NBC) to invest a whooping N22bn in the redevelopment of moribund National Theatre,…

Many Nigerians yet to understand the workings of new Finance Act— SWIT

The leadership of the Society of Women in Taxation (SWIT), Lagos State Chapter, has called on not only the tax authorities, but the Federal Government through the National Orientation Agency (NOA) to embark on massive awareness on the workings of…

(Special Report) Imo S’Court verdict legalising admissibility of uncertified document?

Fresh lacuna that will create dangerous precedence in deciding cases involving business transactions have been smoked out from the trending controversy spotted at the Tuesday, January 14 judgment of the Supreme Court that sacked former Governor Emeka Ihedioha and planted…