Business Hilights

Tracking Nigeria's Headline Business News Online

Banking/Investments

NGX RegCo Empowers Retail Investors with Capacity Building

NGX Regulation Limited (NGX RegCo), in line with its unwavering commitment to enhance retail investor participation, is excited to announce its forthcoming retail investors’ webinar. This event is designed to equip retail investors with invaluable insights, innovative strategies, and approaches…

Agusto & Co. affirms “A(ken)”, A+(ngr)” ratings to Shelter Afrique Development Bank, attaches positive outlook

Nigeria’s first Credit Rating Agency and a pan African leader in credit reports, Agusto & Co. limited has assigned ‘A(ken)’ and ‘A+(ngr)’ ratings to Shelter Afrique Development Bank, ShafDB (formerly Shelter Afrique). The Agency has also affirmed ‘A+(ngr)’ to Shelter…

Zenith Bank maintains triple-digit growth in topline, bottom line Q3

Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2023, recording a remarkable triple-digit growth of 114% from N620.6 billion reported in Q3 2022 to N1.33 trillion in Q3 2023. This performance demonstrates the…

LIRS shuts down 34 firms over tax infractions

The Lagos State Internal Revenue Service (LIRS) has closed down 34 corporate organizations for failing to remit Personal Income Taxes of their employees and for non-remittance of Consumption Taxes by operators in the hospitality sector to the Lagos State Government….

Fidelity Bank wins Export Finance Bank of the Year award at 2023 BusinessDay BAFI Awards

Fidelity Bank Plc’s leadership in the exports space has once again been reaffirmed with the bank’s emergence as the Export Finance Bank of the Year at the BusinessDay and Other Financial Institutions’(BAFI) Awards 2023. The bank was presented the award…

NCC, SystemSpecs, others to address Startups at WorldStage Summit 2023

ll is set for the WorldStage Economic Summit (WES) 2023  on Thursday, November 16, 2023 at the Event Centre, Nigerian Exchange Limited, 2/4 Customs Street, Lagos as top infotec experts confirmed participation to address a special breakout session of the…

City of Houston, Texas, USA sets Oct. 25 as FITCC Day

In recognition of Fidelity Bank Plc’s commitment to fostering bilateral trade and economic development between the city of Houston, Texas and Nigeria, the City of Houston has designated October 25 as “Fidelity International Trade and Creative Connect Day”. Mayor Sylvester…

Onyema Recognised for West African Capital Market impact

Oscar N. Onyema, has been recognised by the West African Securities Regulators Association (WASRA) for his contribution and support in shaping the integration of capital markets in the region and for being the first Chairman of the West African Capital…

BREAKING: Shut Lagos Trade Fair complex reopened

The Lagos Waste Management Authrority (LAWMA), today, October 27, 2023, reopened the Lagos trade Fair complex it shut since Sunday, October 22, over sanitation infractions. Credible sources from LAWMA, the Trade Fair Management Board (TFMB) and the Trade Fair Stakeholders…

AccessCorp reports 78.8% y/y increase in EPS to NGN6.92 (9M-21: NGN3.87)

Access Holdings Plc (ACCESSCORP) published its 9M-23 unaudited financial statements after the close of business yesterday (25 October), reporting a 78.8% y/y increase in EPS to NGN6.92 (9M-21: NGN3.87). This earning expansion was driven by the gains across the group’s…