Business Hilights

Tracking Nigeria's Headline Business News Online

Month: September 2018

Good news as NSE retains ISO 27001:2013 certification

The Nigerian Stock Exchange (NSE) has announced that it has retained the ISO 27001:2013 certification for its Information Security Management System (ISMS) for the third year consecutively. The re-certification followed a rigorous independent audit of NSE’s Information Security Management System…

Huawei
ICT

Huawei invents technology to end pipeline vandalisation, leakage in Abuja summit

Global leaders in digital services, Huawei Technologies has said that it currently has in its kitty, innovative technologies that would help Nigeria address the problems of pipeline vandalisation and leakage to boost safety and efficiency in the oil and gas…

Fintech 55
ICT

Lagos set for biannual Africa Fintech Summit for the first time in November

Africa’s premier fintech event, the Africa Fintech Summit, will be held for the first time in Lagos, Nigeria, on November 8-9, 2018. This event comes on the heels of the earlier edition in Washington D.C. which featured leading policy makers,…

Africa gradually becoming Silicon Valley of banking, says co-founders of TagPay

The co-founders of TagPay (en.TagPay.fr), Yves Eonnet and Hervé Manceron, have averred that “The rise of Financial Technologies (Fintechs) might be shaking up the banking sector in developed countries, but African banks are taking full advantage of this technological revolution”….

Egina FPSO arrives oil field, production stalled by LADOL, Samsung dispute

The industry wide celebration that welcomed the safe arrival of $3.3bn Egina Floating Production Storage and Offloading (FPSO) is now being rubbished by high level conflict between the management of LADOL and Samsung Heavy Industries (SHI), South Korea. The platform…

‘Lagos-Badagry expressway gridlock now worse than Apapa experience’

Residents along the only Lagos international border highway, the Lagos-Badagry Expressway have described the state of the road as more hellish than the intractable Apapa port access roads. Our correspondent who drove along the road reports that the ongoing road…

Ibom Deep Sea Port set for groundbreaking in November—AKSG

Contrary to insinuations in some quarters, the Akwa Ibom State Commissioner for Housing and Special Duties, Mr. Akan Okon, has disclosed that logistics are getting set for the groundbreaking ceremony of Ibom Deep Seaport, come November this year. He also…

Nigeria missing amongst 29 nations in need of $125bn to exit poverty by 2030

A fresh report released by London-based think tank, Overseas Development Institute (ODI) on financing extreme poverty has listed 29 countries that are in need of about $125 billion each year to address poverty reduction ahead of 2030 target end to…

Just in: Warning strike begins Thursday as Labour-FG negotiations fail

Planned warning strike of the organised labour including the Nigeria Labour Congress (NLC), the Trade Union Congress (TUC) and the United Labour Congress (ULC) begins tomorrow as negotiations between the federal government and labour on Wednesday were without results. In…

Access Microsoft
ICT

Access Bank’s GMD, Microsoft CEO in rare deal to disrupt digital banking space

In keeping with Access Bank Plc’s target of championing innovations in Africa’s banking industry, all is set for a crucial meeting between the chief executive officer, Mr. Herbert Wigwe and his Microsoft counterpart, US born Satya Narayana Nadella to discuss…