‘Freight rate: FG to save $30.87 per MT of petroleum products from Dangote Refinery’
Considering the Lagos location of upcoming Dangote Refinery, Business Hilights Intelligent Unit (BHIU), an independent business research arm of Business Hilights Media Group, publishers of Business Hilights Online and Markets Business Hilights Newspapers, has revealed that the from the onset…
2020 Cordros outlook for commercial banks depicts uncertainty, fears
Whereas facts and figures in the nation’s banking sector growth in 2019 remained resilient through tumultuous periods, 2020 will usher in fresh phase, wherein industry players are legislated to transact in the more traditional business of banking. Otherwise, activities in…
Shift from cash to cashless banking fired up cybercrime worldwide—Nkrumah
Clear explanation has emerged on the skyrocketing jump in the activities of cyber fraudsters, who now use advanced technologies to try and hack into the database of institutions in order to steal funds. This analogy was given by Ghanaian Head…
AfDB approves $5m grant to scale up TEFEP in Africa
The Board of Directors of the African Development Bank (AfDB) has approved a grant of $5 million to enable the Tony Elumelu Foundation Entrepreneurship Programme (TEFEP) to scale up its outreach and impact to 1,000 select youth entrepreneurs in the…
Dangote, others leveraging on TCS to reconstruct 19 federal highways—Minister
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, in Lagos on Sunday disclosed that 19 major federal highways are currently under reconstruction by some private sector investors who are leveraging on the federal government’s called Tax Credit…
2023 end of fuel imports; not political but a realistic deadline—NNPC
…But analysts differ, seek deadline not close to election year In the history of Nigerian government’s deadline setting, history has shown that any project deadline set for an election year rather than a year within the official period of the…
Fidelity Bank’s ‘Get alert in millions savings promo’ crowns latest millionaires
Leading retail banking giant, Fidelity Bank Plc last week Thursday gave a total of N19m as cash prizes to 13 winners across the country in its ‘Get alert in millions savings promo.’ At the draw held in Abuja, the bank…
UBA staff across Africa join UBA Foundation’s Each One Teach One Initiative
UBA Foundation, the corporate social responsibility (SCR) arm of the United Bank for Africa (UBA) Plc, weekend held the 2019 edition of its annual ‘Each One, Teach One initiative,’ by hosting what it described as huge impact day in Nigeria…
‘Fund lost to graft in Nigeria, others 10 times the amount of dev. assistance’
The CEO of Global Media Foundation (GLOMeF), an anti-corruption, human rights and media advocacy non-governmental organization, Mr Raphael Godlove Ahenu, has revealed that “In developing countries, fund lost to corruption are estimated 10 times the amount of official development assistance.”…
Buhari silent on how 265 agencies violated fiscal, audit rules’ in Audit Report
Though the presidency has introduced disclosure portal for all MDAs to publish all their financial dealings from not less than N5m on a daily basis for Nigerians to seamlessly access, observers are worried on why he had kept silent over…
