Business Hilights

Tracking Nigeria's Headline Business News Online

Banking/Investment

How to Link Your NIN/BVN on the PalmPay App

Advertisements Advertisements Advertisements Leading PoS operating machine company, the PalmPay app now has enhanced features allowing users to effortlessly add their National Identification Number (NIN) and Bank Verification Number (BVN) to their wallets while upgrading their Know Your Customer (KYC)…

NGX Group, Capital Market Community visit Ogunbanjo, Wigwe’s Families

Advertisements Advertisements Advertisements Representatives of the board and management of Nigerian Exchange Group (NGX) and key stakeholders from the capital market community paid condolence visits to the families of late Bamofin Abimbola Ogunbanjo and Dr. Herbert Wigwe. Led by Alhaji…

CBN Gov., Cardoso to chair MPC

Advertisements Advertisements Advertisements President Bola Ahmed Tinubu has appointed the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, as the chairman and 11 others as members of the newly constituted Monetary Policy Committee (MPC) of the apex bank….

Fidelity Bank Extends Tenure of Onyeali-Ikpe as CEO to 2026

Advertisements Advertisements Advertisements Board of Directors of Nigeria’s financial powerhouse, Fidelity Bank Plc has graciously extended the tenure of the Chief Executive Officer (CEO), of the bank, Dr Nneka Onyeali-Ikpe, to 2026. Mr Ezinwa Unuigboje, the Company Secretary, said this…

Fidelity Bank Floats TSF in Lagos Trade Fair complex to grow businesses

Advertisements Advertisements Advertisements Nigeria’s leading retail banking giant, Fidelity Bank Plc., has announced the introduction of a special business promotion scheme, Trader Support Facility (TSF), tailored for business owners in Lagos International Trade Fair complex and member of Association of…

Hopes of low inflation unrealistic amid deglobalization

Advertisements Advertisements Advertisements Low inflation is a ‘pipe dream’ amid ongoing deglobalisation, warns the CEO of one of the world’s largest independent financial advisory and asset management organizations. The comments by deVere Group’s Nigel Green come as major economies are…

CBN forces Nigerian banks IMTOs in Naira

Advertisements Advertisements Advertisements The decision, according to a notice to customers, follows the recently announced regulations by the Central Bank of  Nigeria (CBN) on IMTOs operations. The CBN, had on January 31, 2024, revised guidelines for the operations of IMTOs….

Editorial: Can Customs Advice CBN on Exchange rate calibrations for good?

Advertisements Advertisements Advertisements At a time the leadership of CG Wale Adeniyi is driving trade facilitation and corporate rebranding of the Service, the CBN has once again, increased the exchange rate used for calculating Customs duties at the seaports in…

Just in: Ms. Agbede named Access Holdco Acting CEO

Advertisements Advertisements Advertisements Following the sudden passage of its CEO, Dr. Herbert Wigwe in a US Helicopter crash Friday last week, Access Holdings Plc has made a decisive move in leadership continuity by appointing Ms. Bolaji Agbede as the Acting…

Access Holdings Plc Confirms Death of CEO, Herbert Wigwe in US

Advertisements Advertisements Advertisements The Board of Directors of Access Holdings Plc (‘the Company’) has announced the passing of Dr. Herbert Wigwe, CFR, the Company’s founding Group Chief Executive Officer and former Group Managing Director of its flagship subsidiary, Access Bank…

Energy

FG Halts Exports of Cooking Gas to reduce Domestic Price

Advertisements Advertisements Advertisements Worried by the soaring cost of Liquefied Petroleum Gas (LPG) also known as cooking gas, the Federal Government (FG) on Thursday, said it has stopped exportation of the commodity to crash prices. This was even as it…

Airbus, TotalEnergies Seal Strategic Partnership in Sustainable Aviation Fuels

Advertisements Advertisements Advertisements US leading aircraft multinational, Airbus and TotalEnergies have signed a strategic partnership to meet the challenges of aviation decarbonization with sustainable aviation fuels. In line with the objective of achieving net carbon neutrality of aviation by 2050,…

NNPC Boss Highlights Energy Security’s Role in Wealth Creation

Advertisements Advertisements Advertisements The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mr. Mele Kyari, says no public wealth creation endeavour can achieve any meaningful success without energy security. The GCEO stated this in a…

13th NNPC Sports Fiesta Kicks Off in Abuja

Advertisements Advertisements Advertisements The 13th NNPC Ltd. Sports Fiesta will kick-off tomorrow (Sunday, February 18th, 2024) at the Moshood Abiola National Stadium in Abuja as the Company strives to retain its legendary status of the team to beat in the…

NCDMB Holds Knowledge-Sharing Session with Mozambique in Lagos

Advertisements Advertisements Advertisements In keeping with Nigeria’s leadership role in the development of Local Content in Africa, the Nigerian Content Development and Monitoring Board (NCDMB) has concluded a two-day Local Content development experience-sharing session with a delegation from Mozambique’s national…

NNPC Ltd/Total Energies JV Claims Achievement of Zero Gas Flare

Advertisements Advertisements Advertisements Pursuant to meeting the targets of 20% (unconditional) and 47% (conditional) greenhouse gas emission reduction as contained in the Nationally Determined Contribution under the Paris Accord signed by the President Bola Ahmed Tinubu administration, the NNPC Ltd/TotalEnergies…

FG’s debt of N3trn to Gas Firms, Discos frustrating power supply nationwide

Advertisements Advertisements Advertisements Facts on the observed poor power supply nationwide have emerged. The federal government has stated that the inability to pay over N3 trillion it owes gas companies and electricity generating companies is responsible for the low electricity…

AfCFTA: NCDMB Advocates Database of Skills, Standards for Goods, Services

Advertisements Advertisements Advertisements As plans to implement the African Continental Free Trade Agreement (AfCFTA) continue to unfold, the Nigerian Content Development and Monitoring Board (NCDMB) has advocated the removal of visa restrictions among African nations, the creation of a database…

SPDC Pumps 475,000 Barrels Of Crude Oil To refurbished Port Harcourt Refinery

Advertisements Advertisements Advertisements Leading multinational, the Shell Petroleum Development Company of Nigeria Ltd says it has completed the supply of over 475,000 barrels of crude oil to the Port Harcourt Refining Company Ltd (PHRC), through its Bonny Oil & Gas…

Senate Committee, NCDMB To Collaborate on Local Content Implementation

Advertisements Advertisements Advertisements The Senate Committee on Local Content on Wednesday held the first interactive session with the leadership of the Nigerian Content Development and Monitoring Board (NCDMB) at the Senate Building at Abuja and resolved to collaborate and deepen…

ICT

ICT

Anambra Begins Pilot Phase of Free Public Wi-Fi Initiative in Awka

Advertisements Advertisements Advertisements Governor Charles Chukwuma Soludo, has reaffirmed his commitment to a technologically advanced future for the state, through the launch of the pilot phase of the Public Wi-Fi initiative tagged Solution Wi-Fi. Driven by the Anambra State ICT…

ICT

MoneyMaster jumps in customer base, promises more innovations

Advertisements Advertisements Advertisements MoneyMaster Payment Service Bank (MMPSB), a CBN-licensed payment service bank and promoted by Globacom, has been steadily increasing its clientele base across the country. To increase financial inclusion in Nigeria, MoneyMaster PSB primary targets the unbanked and…

ICT

MTN Nigeria Launches Africa’s First AI Powered Chatbot

Advertisements Advertisements Advertisements Leading MNO, MTN Nigeria, in alignment with its core belief that everyone deserves the benefits of a modern, connected life, has successfully integrated OpenAI on the MTN Zigi Chatbot. This heralds a groundbreaking standard for artificial intelligence-driven…

WEF to Advance Improved Trade via Technology at MC13

Advertisements Advertisements Advertisements The World Economic Forum will convene 300 ministers, business leaders, trade leaders and experts, as well as civil society, to examine the use of cutting-edge technologies in trade. The TradeTech Forum 2024 is the first-of-its-kind dedicated gathering…

ICT

CSR: TECNO to Transform 100 Football Fields in a 5-Year Initiative

Advertisements Advertisements Advertisements Pursuant to her corporate social responsibility (CSR), TECNO Mobile has announced a groundbreaking initiative to renovate 100 football fields across AFRICA over the next five years. This ambitious project, aimed at enhancing community infrastructure and promoting the…

ICT

Matters Arising: Enabling Nigeria’s MVNO expansion

Advertisements Advertisements Advertisements Mobilise, a leading provider of telecom software solutions, is proud to announce the launch of its Tier 5 MVNE services in Nigeria, catering to the country’s growing mobile market valued at US$9.09 billion. With over 200 million…

Konga logo 88
ICT

Konga, Access Bank Partner to Offer 50% Discount to Shoppers

Advertisements Advertisements Advertisements Leading financial giant, Access Bank has partnered with Konga, Nigeria’s leading e-commerce platform, in a groundbreaking move set to revolutionise the shopping experience for customers. Through this collaboration, Konga shoppers will enjoy a massive 50% discount off…

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ICT

Glo Flags Off Facilitation of Businesses with ‘SME in A Box’

Advertisements Advertisements Advertisements National carrier and Digital telecommunications services provider, Globacom, is poised to add more value to small businesses in the country with the introduction of a new service called Glo SME in a Box. The package, which is…

ICT

Integrate AI into Nigerian Security Architecture—NITDA DG

Advertisements Advertisements Advertisements Kashifu Inuwa, the Director General of the National Information Technology Development Agency (NITDA), emphasized the potential for increased efficiency and effectiveness in Nigeria’s security sector through collaboration between the security industry and the startup ecosystem. Inuwa made…

ICT

Northern Innovation: NITDA Commits To Growing Region’s Tech Ecosystem

Advertisements Advertisements Advertisements In view of the relatively low visibility of the Innovation ecosystem in Northern Nigeria, despite being a region with hub of innovators, creatives, startups and several success stories, the Director-General of the National Information Technology Development Agency…

Industry

Hardship: LASG cuts off 25% fares, directs workers to come trice weekly

Advertisements Advertisements Advertisements Mr. Babajide Sanwo-Olu of Lagos State has proposed a 25% discount on rates for government-owned transportation programmes. The governor also announced that civil servants from levels 1-14 will begin working three days a week as part of…

WINBAFRICA To Empower Women, Scholarship for Girl-Child in Africa

Advertisements Advertisements Advertisements In its 10th year of dedicating and promoting girl-child education and empowering women and young girls in critical thinking and leadership skills in secondary schools across Africa, African Women Foundation for Nation Building, WINBAFRICA, is set for…

WEF to Advance Improved Trade via Technology at MC13

Advertisements Advertisements Advertisements The World Economic Forum will convene 300 ministers, business leaders, trade leaders and experts, as well as civil society, to examine the use of cutting-edge technologies in trade. The TradeTech Forum 2024 is the first-of-its-kind dedicated gathering…

FG voids self on not setting up Price Control Board as it pegs cement price

Advertisements Advertisements Advertisements Less than one week after the President Bola Tinubu announced that his government will not support setting up of Price Control Board for commodities, the same administration and major cement manufacturers have pegged the price of 50kg…

NAGAFF Founder Warns Forwarders Against False Declarations

Advertisements Advertisements Advertisements Leading voice in Nigeria’s Maritime industry and founder of NAGAFF, Dr. Boniface Aniebonam has once again, warned Nigerian Freight forwarders and mainly his followers that “It is unfortunately disheartening that most freight forwarders have continued to inflict…

Dangote Cement Trucks Wrongfully Intercepted In Adamawa

Advertisements Advertisements Advertisements The management of Dangote Cement Plc has stated that two of its trucks that were wrongly intercepted in Adamawa State have been released. The company stated the two trucks loaded with 900 bags of cement each from…

Excitements as TECNO’s AFCON Viewing Party Fetes Fan Engagement

Advertisements Advertisements Advertisements More facts, sights and sounds of the just concluded AFCON have continued to roll in from the TECNO world after all. This time, in a bold move to immerse Nigerian football enthusiasts in the AFCON semi-final clash…

Nigerian Shipping and Port Economic Regulatory Agency Bill 2023 passes Second Reading

Advertisements Advertisements Advertisements As part of the Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola’s Key Performance Indicator (KPI) for the year 2024, as signed in the performance bond by agencies, the Bill which seeks to repeal the…

APT President, Ilechukwu rolls out 2024 targets of his administration

Advertisements Advertisements Advertisements The President of the Association of Progressive Traders (APT), Lagos International Trade Fair Complex, Chief Eric Ifeanyichukwu Ilechukwu on Thursday, February 15, 2024, gave a rundown of the plans of his government for the year 2024. Addressing…

APT in Lagos Trade Fair Marks 17th Anniversary in Praises, Thanksgiving

Advertisements Advertisements Advertisements The Association of Progressive Traders (APT), one of the leading business groups in the Lagos International Trade Fair Complex on Thursday, February 15, 2024, mark her 17th year of migrating from Idumota in Lagos Island to the…

SME’s

Heritage Bank, FAMO assist 300 private school teachers, SMEs

Advertisements Advertisements Advertisements As part of efforts to cushion the effects of the COVID-19 on the education sector, Heritage Bank Plc in partnership with Honourable Fatima Mohammed (FAMO) foundation has provided succor to over 300 affected private school teachers and…

Create favourable tax policies for SMEs—Elumelu tells FG

Advertisements Advertisements Advertisements Leading Africapitalism crusader and chairman of United Bank for Africa (UBA), Tony Elumelu has called on the Federal and State government to create favourable tax policies and regime for Small and Medium Enterprises (SMEs) so that startups…

Just in: TEF gives outgoing CEO, Ms Parminder Vir Nigerian name, ‘Amaka’

Advertisements Advertisements Advertisements The outgoing Chief Executive Officer of Tony Elumelu Foundation (TEF), Ms Parminder Vir (OBE), today was officially given a Nigerian name of Igbo background, ‘Amaka’ (which means ‘is good’) shortly after her opening goodwill message at the…

Kenyan President, Kenyatta hails Elumelu’s TEF for committing $100m on youths’ dev

Advertisements Advertisements Advertisements Just as his entrepreneurial mentorship tour of East African region rounds up in Kenya, the Kenya’s President, Uhuru Kenyatta, has commended Nigeria’s entrepreneur and philanthropist, Tony Elumelu, for committing $100 million using his Tony Elumelu Foundation (TEF)…

Chevron recognized for sustained support for small businesses in Nigeria

Advertisements Advertisements Advertisements Chevron Nigeria Limited (CNL), operator of the NNPC/CNL Joint Venture, was recently at the4th edition of the Sub-Sahara Africa Upstream Oil and Gas summit and exhibition held in Abuja from Tuesday April 11 to Friday April 13,…

TEF picks 1,250 out of 151,692 applicants for 2018 Entrepreneurs programme

Advertisements Advertisements Advertisements The Tony Elumelu Foundation (TEF) on Thursday in Lagos, announced 1,250 successful African entrepreneurs with the most innovative, high-potential business ideas that will participate in the 2018 Entrepreneurship programme. The 4th ‎cycle selection was made out of…

TEF, Red Cross seal fresh deal to change the fortune of 200 entrepreneurs

Advertisements Advertisements Advertisements In line with its key policy of driving Africapitalism, the Tony Elumelu Foundation (TEF) and the International Committee of the Red Cross have signed a Memorandum of Understanding to empower 200 entrepreneurs from Nigeria’s North-East and Niger…

Compliments of the season from Business Hilights Publications Group

Advertisements Advertisements Advertisements We wish everbody a happy Chirstmas and prsoperous new year. Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a…

FG warns N-Power applicants not to give bribe as physical checks begins

Advertisements Advertisements Advertisements Just as the federal government yesterday kicked off physical verification exercise at all the 774 Local Government Areas, the federal government has warned against either giving or taking bribe to disrupt due process. The Physical Verification stage…

Multiple taxation drowning 95% of SMEs in Nigeria yearly—Elumelu

Advertisements Advertisements Advertisements Leading banking wizkid and motivational speaker on entrepreneurial issues, Mr. Tony Elumelu on Thursday, said that 95 percent of Small and Medium Enterprises fold up within a year in Nigeria due to multiple taxes and levies. The…

Transport

Sifax Chairman, Minister, others witness commissioning of NPA boats

Advertisements Advertisements Advertisements SIFAX Group Chairman, Dr. Taiwo Afolabi (CON), today, Friday, February 23, 2024, joined other maritime big wigs such as Gboyega Oyetola, Honorable Minister of Marine and Blue Economy; Mohammed Bello-Koko, MD, Nigerian Ports Authority and Adewale Adeyanju,…

BLP: Lagos Trade Fair Flyover demolition beginning soon—Gov.

Advertisements Advertisements Advertisements The Lagos State Governor, Mr. Babajide Sanwo Olu has disclosed plans to demolish the Trade Fair flyover bridge as part of measures to give way for the construction of the 2nd phase of the Blue Line Project…

Customs, Nigerian Navy in synergy to Combat Smuggling

Advertisements Advertisements Advertisements The Comptroller General of Customs, Bashir Adewale Adeniyi, paid a courtesy visit to the Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, to strengthen collaboration between the Nigeria Customs Service (NCS) and the Nigerian Navy (NN). During…

Act allows Customs to appropriate seized items including foods—Aniebonam

Advertisements Advertisements Advertisements …As Ministry Worries Over Non- Involvement Founder of the National Association of Government Approved Freight Forwarders (NAGAFF) and former Customs Officer, Dr. Boniface Aniebonam has explained that the Act establishing the Nigerian Customs Service (NCS) empowers it…

Air Peace Begins Lagos to London Gatwick Next Month

Advertisements Advertisements Advertisements The Nigerian carrier Air Peace will begin nonstop flights between Lagos and London Gatwick on March 31, 2024. The route will be operated five times weekly with the airline’s Boeing 777-200 aircraft. P47578 Lagos 00:10 – London…

Reviving History: Meet Olabisi Ajala, aka ‘Ajala the Traveller’

Advertisements Advertisements Advertisements According to history, Mr. Olabisi Ajala toured the world with his scooter in 1957. On April 27, 1957, Àjàlá began his famous world tour on a modified Vespa scooter. He visited India, the Soviet Union, the United…

Sifax Boss, Afolabi set to Present OAU 2024 Convocation Lecture

Advertisements Advertisements Advertisements The management of Ladoke Akintola University of Technology, Ogbomosho led by its Acting Vice Chancellor, Professor Rasak Olatunde Rom Kalilu paid a courtesy visit on Dr. Taiwo Afolabi, Chairman (CON), SIFAX Group recently. The visit aimed to…

NAGAFF Founder Warns Forwarders Against False Declarations

Advertisements Advertisements Advertisements Leading voice in Nigeria’s Maritime industry and founder of NAGAFF, Dr. Boniface Aniebonam has once again, warned Nigerian Freight forwarders and mainly his followers that “It is unfortunately disheartening that most freight forwarders have continued to inflict…

Customs, EFCC partner to deepen national security

Advertisements Advertisements Advertisements The Nigeria Customs Service Area 1 Command Port Harcourt has called on the Economic and Financial Crimes Commission (EFCC) to partner and synergize with them in Area of National Security.   In a courtesy visit to the…

Editorial: NAGAFF Petition and that Maiwada’s rebuttal without relevant facts

Advertisements Advertisements Advertisements Whereas it has been the strategy of several government agencies accused of corruption to hurriedly jump into the media with humongous claims of anti-corruption character, transparency, accountability, and adherence to the rule of law in all financial…

Photo News

Joy as two sons of Rtd Master Warrant Officer Okoro become Generals

Advertisements Advertisements Advertisements In an extreme rarity, a Nigerian octogenarian father, is alive to see two of his sons rising to become Generals, and Brigade Commanders, in the same Army he retired from, as a Master Warrant Officer. The two…

Trade Fair Stakeholder’s Boss, Ilechukwu, others join MFM Praise Event

Advertisements Advertisements Advertisements The Mountain of Fire Ministries (MFM) FESTAC Regional Headquarters (FESTAC Mega Axis) and host, Open Air Prophetic Praise 2023, tagged ‘Sacrifice of Praise’ held at the Lagos Trade Fair Mini complex Stadium, Badagry Expressway on Friday, November…

Minister receives Defence Attaché of the Embassy of Ukraine

Advertisements Advertisements Advertisements The Honourable Minister of Defence, Mohammed Badaru Abubakar CON mni, received in audience, the Defence Attaché of the Embassy of Ukraine in Nigeria, Andrii Vasyliev, at Ship House, Abuja.

Pete Edochie, Wife, Barr. Josephine celebrate 54th wedding party

Advertisements Advertisements Advertisements Old war horse in entertainment and veteran Nigerian actor, Pete Edochie, and his wife, Josphine, celebrate 54th wedding anniversary. The couple was married on October 2, 1969. Happy anniversary from all of at Business Hilights.

The real Jay-Jay before Austin; Emma Okocha (Emma Jay-Jay)

Advertisements Advertisements Advertisements All Nigerian football family histories are strategically unique from family to family in all ramifications. In present day Ogwashiukwu Delta State, Emma Okocha is a Nigerian former footballer who played as a midfielder for Enugu Rangers, VfB…

Mrs Azuwike goes home Friday, Sept. 22 in Aboh Mbaise

Advertisements Advertisements Advertisements The family of Late Mr Dominic Umunnawike Azuwike of Umugaa Amaoluru Nguru, Aboh Mbaise LGA, Imo State announces the transition to eternal glory of her beloved mother, grandmother, sister in-law and mother in-law, LATE MRS ANNA ADA…

Just in: All 6 Ivory Coast stadia very ready for AFCON 2023

Advertisements Advertisements Advertisements As all qualified African nations emerged weekend, so also, all 6 stadiums for the upcoming AFCON 2023 to be played in 2024 are completely roofed. This is so unlike many African stadiums where you’ll find just the…

CRFFN pays NPA working visit in Lagos

Advertisements Advertisements Advertisements Managing Director of Nigerian Ports Authority (NPA), Mohammed Bello Koko (5th left), the Acting Registrar/CEO of Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), Uromta Chinyere (6th left), Executive Director, Finance & Admin. Adenrele S….

Just in: VP, Ganduje reconcile Okorocha, Uzodinma in Abuja

Advertisements Advertisements Advertisements After all the political showdown between current Imo State Governor, Senator Hope Uzodinma and former Governor, Owelle Rochas Okorocha, truce seems underway as photo of the two appear with Vice President Kashim Shettima and APC national chairman,…

Meet victorious Head coach of DTigress, Rena Wakama!

Advertisements Advertisements Advertisements Meet the 31-year-old Head coach of DTigress, Rena Wakama! Rena was born in North Carolina to parents who are from Rivers state, Nigeria. She led the Nigerian team to win the women’s Afrobasket championship by defeating Senegal…

Pub Admin

Hardship: LASG cuts off 25% fares, directs workers to come trice weekly

Advertisements Advertisements Advertisements Mr. Babajide Sanwo-Olu of Lagos State has proposed a 25% discount on rates for government-owned transportation programmes. The governor also announced that civil servants from levels 1-14 will begin working three days a week as part of…

FG voids self on not setting up Price Control Board as it pegs cement price

Advertisements Advertisements Advertisements Less than one week after the President Bola Tinubu announced that his government will not support setting up of Price Control Board for commodities, the same administration and major cement manufacturers have pegged the price of 50kg…

Editorial: NAGAFF Petition and that Maiwada’s rebuttal without relevant facts

Advertisements Advertisements Advertisements Whereas it has been the strategy of several government agencies accused of corruption to hurriedly jump into the media with humongous claims of anti-corruption character, transparency, accountability, and adherence to the rule of law in all financial…

Uzodimma to pay Law School fees of N500,000 each for 107 Imo graduates

Advertisements Advertisements Advertisements Governor Hope Uzodimma has taken the Imo State indigenes who graduated from the Imo State University (IMSU) and have been shortlisted for the 2023 Law School by surprise, offering to pay their school fees for the programme….

Declare state of emergency on drug abuse in Nigeria, Governors Wives tell FG, States

Advertisements Advertisements Advertisements The Nigeria Governors’ Spouses Forum (NGSF), has called on the Federal and State Governments to declare state of emergency on substance abuse and illicit drug trafficking in Nigeria with a view to mobilising resources to tackling the…

FG, States in frantic efforts to lower food prices?

Advertisements Advertisements Advertisements The Federal Government has expressed excitement over the endorsement by State Governors of the food security programmes rolled out through the Federal Ministry of Agriculture and Food Security. The Minister of Agriculture and Food Security, Senator Abubakar…

Hyper Inflation can threaten Nigeria stability, peace if…, says NEF

Advertisements Advertisements Advertisements The Northern Elders Forum (NEF), has expressed deep concerns about the unchecked rise in inflation in Nigeria, which is posing a significant threat to the well-being of its citizens. The cost of living has been steadily increasing,…

EFCC recovers N30bn from Sadiya Umar-Farouk’s looted funds

Advertisements Advertisements Advertisements The Economic and Financial Crimes Commission (EFCC) has said it recovered over N30bn from the N37,170, 855,753.44 allegedly laundered in the Ministry of Humanitarian Affairs under the former minister, Sadiya Umar-Farouk. Sources in the anti-graft agency, who…

Relocation of CBN Depts., FAAN to drive efficiency—FG

Advertisements Advertisements Advertisements The Federal Government has said that the relocation of the headquarters of the Federal Airports Authority of Nigeria (FAAN), and some departments of the Central Bank of Nigeria (CBN) will increase operational efficiency and reduce operating costs….

Betta Edu, Better Education and Youthful Corruption

Advertisements Advertisements Advertisements By Fred Chukwuelobe Doctor Betta Edu is 37. She is a Nigerian youth leader. A ministerial nominee from former Governor of Cross River State, Prof. Ben Ayade. She recently testified at Shiloh 2023 that after she approached…

Markets

Excitements as TECNO’s AFCON Viewing Party Fetes Fan Engagement

Advertisements Advertisements Advertisements More facts, sights and sounds of the just concluded AFCON have continued to roll in from the TECNO world after all. This time, in a bold move to immerse Nigerian football enthusiasts in the AFCON semi-final clash…

Fidelity Bank Floats TSF in Lagos Trade Fair complex to grow businesses

Advertisements Advertisements Advertisements Nigeria’s leading retail banking giant, Fidelity Bank Plc., has announced the introduction of a special business promotion scheme, Trader Support Facility (TSF), tailored for business owners in Lagos International Trade Fair complex and member of Association of…

APT President, Ilechukwu rolls out 2024 targets of his administration

Advertisements Advertisements Advertisements The President of the Association of Progressive Traders (APT), Lagos International Trade Fair Complex, Chief Eric Ifeanyichukwu Ilechukwu on Thursday, February 15, 2024, gave a rundown of the plans of his government for the year 2024. Addressing…

APT in Lagos Trade Fair Marks 17th Anniversary in Praises, Thanksgiving

Advertisements Advertisements Advertisements The Association of Progressive Traders (APT), one of the leading business groups in the Lagos International Trade Fair Complex on Thursday, February 15, 2024, mark her 17th year of migrating from Idumota in Lagos Island to the…

LITFCMB Introduces Complex Sweepers To Drive Neatness, But…

Advertisements Advertisements Advertisements The Executive Director and CEO of Lagos International Trade Fair Complex Management Board (LITFCMB) on Badagry Expressway, Barr Vera Ndanusa has introduced a new team of environmental officers charged with the responsibility of sweeping the complex main…

Construction work resumes at Lagos Trade Fair New Site, But…

Advertisements Advertisements Advertisements The Executive Director/CEO of Lagos International Trade Fair Management Board (TFMB), Barr. Vera Ndanusa has approved resumption of halted construction activities at the new site of the complex for only plot owners who have met all given…

Business operators hail stakeholders for restoring electricity in complex

Advertisements Advertisements Advertisements Finally public power supply has been restored at the Lagos International Trade Fair complex, Badagry Expressway after years of suffering. Speaking to Business Hilights in an exclusive interview in his office on Monday, the Chairman of Stakeholders…

Just in: Senator Ubah, Police douse leadership tension in ASPMDA

Advertisements Advertisements Advertisements Following the failed attempt to takeover leadership in the largest auto trading complex in Africa, the Auto Spare Parts and Machinery Dealers Association (ASPMDA) on Saturday, January 13 by one Mr. James Umeji (popularly known as JimBest),…

ASPMDA Begins End of 2023 with Praise/Prayer Feast Thursday

Advertisements Advertisements Advertisements For the very first time in the history of the largest auto trading complex in Africa, the leadership of Auto Spare Parts & Machinery Dealers Association (ASPMDA) under Hon. Ngozi Emechebe has concluded arrangement to begin celebration…

Okoye, TFMB ED begins routine dredging of Canal to fight flooding

Advertisements Advertisements Advertisements The leadership of Hon. Charles Onyeka Okoye, the Executive Director and CEO the Lagos International Trade Fair Complex Management Board (TFMB), has flagged off dredging of canal around the massive complex on Badagry Expressway. Checks by Business…