Business Hilights

Tracking Nigeria's Headline Business News Online

Month: October 2018

Fidelity Bank on course to 2018 targets as 9 months profit jumps to N20b

Leading financial institution, Fidelity Bank Plc has posted an impressive performance for the 3rd Quarter of 2018, a pointer that it is on course to finishing strong in the 2018 financial year. Details of the 9-months results for the period…

Ghana leading in appetite for electronic payments in W’Africa

The geometric surge in uptake of cross network mobile money transactions in Ghana since the launch of Mobile Money Interoperability (MMI) in May this year, has shown that use of digital payment platforms is rising in the economy more than…

‘Lagos/Abidjan highway corridor’ll boost Lagos, intraregional economies’

The recent approval for the construction of 46 kilometres Agbara to Seme Border ECOWAS superhighway by the federal Executive Council (FEC), has been welcomed by Nigerian business operators on the corridor. In an interview with Nigerian traders doing business along…

Celebrations as Nigeria gets first female twin pilots in Canada

First female twin airline pilots of Nigerian origin graduates from Canadian Aero Academy. The twins; Hassana and Huseina Edili Ogaji from Canada are the first female twin airline pilots in Nigeria.

Darkness imminent as Gencos owe gas suppliers over N1tn since June–Ogaji

The Executive Secretary, Association of Power Generation Companies (APGC), Dr Mrs Joy Ogaji, has hinted of imminent collapse of electricity supplies nationwide if the quantum of owed the group by Distribution Companies (Discos) are not cleared as soon as possible….

CSR: Chevron, partners donate 34 Science Labs to schools in Nigeria

…Hands over one to GSS, Damaturu, Yobe State In line with its leading Corporate Social Responsibility (CSR) platform, the Global Memorandum of Understanding (GMoU) in use throughout its host communities and Nigeria in general, Chevron Nigeria Limited (CNL) in partnership…

2019: Retaining exchange rate at N305 per dollar means pale hope for economy

Since the revelation by the Federal Executive Council (FEC) last week that Nigeria official exchange rate to international currencies especially US dollar is still pegged at N305, financial analysts have seen the position as an agreement by the nation’s economic…

Lagos NIOB links incessant collapse of buildings under construction to safety violations

The chairman of Nigerian Institute of Building (NIOB) Lagos Chapter, Mr Adelaja Adekanmbi, has linked the growing cases of building collapse especially at construction sites to cutting corners and poor adherence to construction site safety measures and regulations. Speaking at…

Fashola’s comments raise tension, may alter 2023 presidential permutations if…

There seems to be no uniformity of purpose on futuristic calculations bordering on zones and presidential slots following what can be seen as clash of direction on 2023 presidential permutations even though 2019 is yet to come. Whereas a number…

Ahead 2019: The Auctioning of All Progressives Grand Alliance, APGA

By Chibuzo N. Ziggy Azike For those who might not know, APGA is the All Progressives Grand Alliance, a political party founded by Chief Chekwas Okorie and Dim Chukwuemeka Odimegwu Ojukwu in collaboration with other prominent Igbo sons, some of…