Hostilities in aviation sector come in different ways, types—Air Peace Chairman
The Chairman and Chief Executive Officer of Air Peace Airline, Mr Allen Onyema, has further opened up on the real challenges of indigenous carriers revealing that “There are different types and kinds of hostilities in the sector.” While acknowledging that…
Expert hails CBN over freezing interests on N800b oil marketers’ NPLs
Henceforth, commercial banks who had been deceiving their balance sheet by way of computing interests on the over N800b oil marketers’ non-performing loans (NPLs), will halt the illicit debt pile up. This is coming in compliance with a Central Bank…
Nigeria missing as OPEC-FID unveils loan scheme for low-income economies
Inability of the President Muhammadu Buhari-led Federal Government to appoint minister and inaugurate cabinet, barely two months after inauguration has continued to hit the country bad by way of causing serial losses in economic development. Apart from hanging a lot…
Tin Can, KLT, Ogun Customs Commands rake in N191.7bn, seizures in half year
As part of efforts to meet set revenue generation targets in 2019, Customs Commands have started rolling out their performances in the first half of 2019 operational year. Whereas the Tin Can Island and Kirikiri Lighter Terminal (KLT) generated a…
Fidelity Bank, LBS drive EMP for competitiveness of export-focused businesses
For three years running, leading financial institution, Fidelity Bank has continued its partnership with the Nigerian Export Promotion Council (NEPC) and the Lagos Business School (LBS) to provide knowledge support to Micro Small Medium Enterprises (MSMEs) across the federation. The…
(Special Report) AfCFA: Nigeria at loss as Morocco, Egypt, S’Africa to reap from logistics
Investigations by Business Hilights Intelligence Unit (BHIU), an independent research arm of Business Hilights Publications, have revealed that the underdevelopment of Nigeria’s indigenous shipping capacities over the years will be a minus for the country on the effective takeoff of…
UBA concludes plans for two-day global entrepreneurial fair in Abuja
Leading Pan African financial institution, United Bank for Africa (UBA) Plc has concluded arrangements to host Africa’s biggest entrepreneurial fair tagged #theUBAmarketplace2019 in Abuja between July 26 and 27, in Abuja. A statement made available to Business Hilights in Lagos,…
Ecobank harps on businesses outliving owners, transition to generations
Pan African financial group, Ecobank Nigeria has trained its customers on techniques and management strategies that will assist in making sure that sustainable wealth is passed down from one generation to another. Carried out by its advisory arm, Ecobank said…
Delays in forming cabinet threaten FG’s $1bn World Bank loan request on power
More casualties in the Nigerian power sector have continued to emerge from the delayed appointment of ministers by President Muhammadu Buhari, since his second term inauguration on May 29, 2019. First was the inability of the National Council on Privatization…
CBN, NCC still have much to do for agent banking in underserved areas—Owolabi
There seems to a lot of things yet to be considered both by the Central Bank of Nigeria (CBN) and the telecoms regulator, Nigerian Communications Commission (NCC) as far as driving financial inclusion in underserved areas of the country. This…
