Business Hilights

Tracking Nigeria's Headline Business News Online

Month: May 2018

Business Hilights begins strategic site upgrade from today, Wednesday

Business Hilights will from today, carry out strategic site maintenance as part of our upgrade due to soaring readership traffic both from Nigeria and abroad. It would be recalled that we recently added new categories, raised quality of content including…

MDAs
ICT

Social media visibility of federal MDAs dropping since Q1 as CBN, Presidency lead

A new report released by the Business Hilights Intelligence Unit (BHIU) on Tuesday in Lagos has revealed that “The social media visibility of leading ministries, departments and agencies of the federal government has been on the decline since the beginning…

Crownrise Finance boss reveals why over 1,000 finance houses collapsed in the 90s

The managing director of Crownrise Finance Limited, Mr. Babatunde Rufai-Lariba has revealed the factors that crashed over 1,000 finance houses during the 1990s in Nigeria. In an interview, he said during the period under review, “We had over 1,000 Finance…

Fidelity Bank delivers set of strong financial results, posts 94% growth in profits

Leading retail banking group, Fidelity Bank has further demonstrated resilience and financial management discipline with the performance it recorded from the just released results for the year ended December 31, 2017. With 94 per cent rise in profit, the company…

PDP, APC dangling Igbo presidency 2023 as bait to swing S’East votes in 2019, but…

Whereas just last week, former Information Minister and All Progressive Congress (APC) chieftain, Prince Tony Momoh said Igbos will get presidency quicker if they align with the ruling party, earlier in the week, former President Olusegun Obasanjo in Awka, asked…

2019: What if NASS Committees’ on $496m Aircraft purchase, say PMB erred in law?

…As Senate report on the matter is ready today Though President Muhammadu Buhari may be having rosy deliberations and executive threat visiting London, taking part in CHOGM meeting and being hosted recently by President Donald Trump at the White House,…

Airk Air
ICT

Arik Air flags off service extension to Bauchi Airport from May 9

Resuscitated airline, Airk Air has revealed that all is set for the airline to commence flight operations from its base at the Murtala Muhammed Airport (MMA), Lagos to Bauchi Airport. The airline in a statement by Mr. Banji Ola, its…

RTA opens entries on Dubai World Challenge for Self-Driving Transport

The Roads and Transport Authority (RTA) in Dubai opened registration on Tuesday, May 01, 2018 for the Dubai World Challenge for Self-Driving Transport through its website. Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the…

Host communities seek youths roles in emerging Petroleum Industry Law

Participants at an interactive session with the Senate Committee on Petroleum Industry for the ongoing legislative build up for the Petroleum Industry Government Bill (PGIB), have appealed that the communities hosting oil companies should be given clear roles to play…

Int’l Consortium led by GE, seals Interim Phase deal with FG on rail concession in US

Following its award of preferred bidder status by the Federal Government in May 2017, an International Consortium last Friday in Washington D.C, signed an agreement to proceed with the Interim Phase of the Nigerian narrow-gauge railway concession. Initiated by General…