Business Hilights

Tracking Nigeria's Headline Business News Online

Month: June 2017

MTN Foundation
ICT

LGAs, communities, gain from MTN Foundation’s ‘What Can We Do Together’ scheme

As part of drive to deepen improvement on the quality of lives in Nigerian communities, MTN Foundation’s ‘What Can We Do Together’ initiative has impacted over 10 million Nigerians in 400 communities and 347 local government areas across Nigeria. In…

TD 11
ICT

TD Mobile CEO, Minister, others set for Int’l Girls in ICT in Lagos today

Managing Director of TD Mobile, Sub-Saharan Africa’s biggest mobile devices distributors, Mrs. Gozy Ijogun, has been confirmed as one of the headline speakers for the 2017 International Girls in ICT Day event scheduled in Lagos today, Tuesday June 13th 2017….

CBN, banks, MAN, others to discuss high interest rates at Senate panel today

Following the first shot fired by Senate President, Dr. Bukola Saraki during an interactive session with journalists in his country home recently, all is set for the Senate Committee on Banking, Insurance and Other Financial Institutions to seat in a…

Total gives out N17.00 per share pledges improved performance in 2017

Total Nigeria Plc has declared a total dividend of N5.8 billion, translating to N17.00 per share for shareholders in the 2016 and assured improved performance in 2017 ahead of renewed strategies. This was revealed by the Chairman of Total Nigeria…

Confusion as NLNG refute NEITI report, says no outstanding dividend to FG

Contrary to the earlier intelligence of the Nigerian Extractive Industries Transparency Initiative (NEITI) to the House of Representatives to probe the alleged loss of 15.9 billion dollars dividend accruing to the Federal Government from the Nigeria LNG Limited (NLNG), the…

Shareholding, depth of debts to dominate discussions on Dubai group deal in Arik Air

Emerging prospective team of investors from Dubai, United Arab Emirates in stressed Arik Air is set for second round of discussion that will be centered on structuring shareholding and the depth of the debts, which creditors must back with evidence,…

Revival of Ikorodu Terminal insight as Ogbeh, NPA seal deal on processing Agro Export

Indications are underway that as part of the Presidential order on Ease of Doing business and usefulness of Seaports for agro-export, the Federal Ministry of Agriculture and Rural Development (FMARD) is in serious talks with the Nigerian Ports Authority (NPA)…

Finally, Osinbajo signs 2017 budget today, Monday @ 4.41pm

The Acting President, Prof. Yemi Osinbajo, this Monday evening signed the 2017 Appropriation Bill into law. The Appropriation Bill was passed by the National Assembly and transmitted to the Presidency since May 19 with some additional increment which the presidency…

Business Hilights celebrates Prophet T.B. Joshua at 54 today, June 12

Leading African preacher, philanthropist and General Overseer, Prophet Temitope Balogun Joshua, born on June 12th, 1963 in Ondo State, Nigeria is 54 years today. He is the founder and General Overseer of the Synagogue Church of All nations (SCOAN), headquartered…

Experts fault CBN’s claims of inflationary pressure for not cutting banks’ lending rates

Nigerians have reacted to a recent comment by an official of the Central bank of Nigeria (CBN), saying that the apex bank may not reduce the benchmark lending rate anytime soon owing to the high inflationary pressure in the country….