Business Hilights

Tracking Nigeria's Headline Business News Online

Banking/Investments

AfCFTA: Poor number of local exhibitors in Lagos fair fuels dumping fear

What can be seen as a test case of how Nigeria will perform in the African Continental Free Trade Agreement (AfCFTA) is now playing out at the ongoing Food and Beverage West Africa, the largest trade exhibition in West Africa,…

Recapitalization may further squeeze lending regime to private sector—Expert

More reactions have continued to come from the unveiled five-year monetary roadmap for the economy by the Central Bank of Nigeria’s (CBN) Governor, Godwin Emefiele. A development economist, Mr Johnson Adeoye, told Business Hilights in a telephone interview that “The…

What Innoson Motors needs now is support not judicial fireworks—Industrialist

The news of another bench warrant for arrest of Innoson Motors Chief Executive, Chief Innocent Chukwuma, has been received by leading manufacturers on Monday with anger and frustration. Recall that Justice Ayokunle Faji of a Federal High Court in Lagos…

Heritage Bank builds, donates SERVICOM unit to NIS in Lagos office

Leading innovative financial services provider, Heritage Bank Plc, in Lagos yesterday, handed over a built and equipped SERVICOM unit to the Nigeria Immigration Service (NIS). Unveiling the structure, the Comptroller General (CG) of NIS, Muhammad Babandede lauded the bank for…

FG officially frustrating S’East by abandoning Onitsha River Port—OCCIMA

Business leaders in the South East region of Nigeria, who had hoped to drive their businesses using the long-rehabilitated Onitsha River Port, have rolled out facts and figures suggesting that the Federal Government deliberately sat on the concessioning of the…

4 years after, all set for inauguration of SEC board today

After years of operating without a constituted management board like other critical agencies, the Federal Government will today, Monday, June 24, 2019, inaugurate the board of the Securities and Exchange Commission (SEC). The board, which will be chaired by Mr…

Just in: Review Varsity Curriculum to integrate technology in all fields—UBA

The need to acquaint graduating students of higher institutions in Nigeria with technology knowledge irrespective of their chosen carrier has become pertinent for graduates to fit into the trending knowledge based global economy has been stressed. This charge was given…

NNPC to restart oil search in Chad Basin, still mute on Gongola Basin results

At a time industry stakeholders have expressed anger on the incommunicado posture of the Nigerian National Petroleum Corporation (NNPC) over the results of its $3bn spent on oil search on Gongola Basin, the Corporation has given signal of resuming endless…

3 Presidents set for TEF Entrepreneurship Forum 2019

Just as over 5,000 participants and 40 speakers are on their way to the Transcorp Hilton Hotel, Abuja, for the upcoming 5th Tony Elumelu Foundation (TEF) Entrepreneurship Forum 2019, confirmation of attendance has been received from three African Presidents. The…

Service crisis looms as NCAA begins demolition of 8,805 telecoms, banks masts

Following the expiration of given 30-day ultimatum to owners of telecoms and banks network reception masts by the Nigerian Civil Aviation Authority (NCAA), the aviation safety agency said it is beginning to demolish masts belonging to firms that are yet…