Business Hilights

Tracking Nigeria's Headline Business News Online

Banking/Investments

YEA5: Fidelity Bank, Gazelle boost over 200 Youth entrepreneurs in Kano State

Leading SME supporter in Nigeria, Fidelity Bank Plc, in partnership with Gazelle Academy and Bayero University Kano has changed the fortunes of over 200 youth entrepreneurs with tailored and instant empowerment to start off their businesses in Kano. The scheme,…

Policy abandonment as Minister mulls new broad dev plan, silent on ERGP

What appears to suggest possible abandonment of the Economic Recovery and Growth Plan (ERGP) introduced by the current administration during its first term (2015-2019) as development plan may have been dumped has emerged. This is deduced from the maiden address…

Kenya, Sudan, Algeria, Ghana others shrinking Nigeria’s crude oil exports market

In the last one year, many African economies with oil resources have stepped up explorations in partnership with leading international oil companies. The economies are beginning to reap from their structured and deep pocket investments in oil and gas, thus…

UBA chairman, Elumelu set for Keynote Address at TICAD summit in Japan

All is set for leading Africapitalism campaigner, founder of the Tony Elumelu Foundation (TEF) and the Chairman of the United Bank for Africa (UBA), Tony Elumelu to speak at the Seventh Tokyo International Conference on African Development (TICAD). The summit,…

Access Bank navigating Nigeria with agent banking to drive financial inclusion

…Boosts of 15,000 agents nationwide Retail giant and largest banking group in Africa, Access Bank is currently fast-forwarding the nation’s drive in financial inclusion and banking the underserved with tailor-made agency banking outlets across the country. Giving insights at a…

CBN tracking timelines for banks’ recapitalization, sets limits for NPLs

The Central Bank of Nigeria (CBN) may have tactically flagged off planned recapitalization of banks in phases following the setting of fresh limits for exposure to non-performing loans (NPLs) that will reflect in the books of licensed banks and other…

Heritage Bank: A review of the Octopus Experience in seamless transactions

Heritage Bank, a financial services company came onboard in 2012 with tailored banking services. However, having the interest of its strong customer-base in mind, the financial giant introduced a new way for customers to engage themselves in businesses, markets, shop,…

AI value chain in oil and gas to hit approximately $2.85 billion by 2022—FG

Permanent Secretary, Ministry of Petroleum Resources, Dr. Folasade Yemi-Esan, has averred that the global Artificial Intelligence (AI) market in oil and gas is estimated to reach approximately $2.85 billion by 2022, growing by compound annual rate of 12.66 per cent….

(Special Report) How Africa’s Liquefied Natural Gas will drive $103 Billion in 2019

Africa is an exciting frontier in the global natural gas sector when latest discoveries and private sector investments plus emerging governments’ policies in the industry are considered. Currently the continent holds 7.1 percent of proven global gas reserves and is…

Heritage Bank’s Refinery for human resources tailored to tutor world class bankers

No doubt, training and retraining of corporate workers remain the growth livewire of every business sector and in the banking industry in particular. The essence of tailored training provision according to experts includes building a human resource base that will…