Business Hilights

Tracking Nigeria's Headline Business News Online

Month: March 2019

Any deal with Atiku for 2023 will upset north-south understanding

…As he inaugurates legal team to approach tribunal Strong indications are beginning to emerge suggesting possibility of high network deal with or without the Peoples Democratic Party (PDP) as a party and presidential power brokers in ruling All Progressive Congress…

Dangote, Adenuga lead 7 Africans, 44 Chinese in 500 world richest peoples’ list—BBI

Latest richest peoples rating by the Bloomberg Billionaires Index (BBI), has revealed that in Africa, only seven investment moguls make the list of 500 richest people lead by Nigeria’s Aliko Dangote and Mike Adenuga. Whereas Egyptian brothers; Nassef and Naguib…

Stock market slump on Buhari reelection means loss of investors’ confidence—Expert

More reactions are still trailing the declaration of incumbent President Muhammadu Buhari as the winner of 2019 presidential election on Wednesday as bearish equity traffic continued at the capital market for the third day on Thursday. Otherwise, the news of…

AfriFone
ICT

US report reveals why OEMs push latest smartphones to Nigeria

The recent report from a commissioned study carried out by Pew Research Centre, based in Washington D.C., USA, revealing that about 17 per cent of Nigerian adults are without smartphones, has provided fresh insights as to why every smartphone manufacturer…

‘Dangote Cement’s 2018FY results show strength in expansion, consolidation’

More revelations have continued to emerge from the jus released Dangote Cement 2018 full year (FY) results at the floor of the Nigerian Stock Exchange (NSE). Just as the result shows a strong EPS growth of 95.9% y/y to NGN22.83…

Experts seek unbundling of Fashola’s ministry to revive power sector

As part of fresh efforts to save the nation’s power sector from total collapse, industry analysts have called on the re-elected President Muhammadu Buhari to as a matter of urgency, unbundle the Ministry of Power, Works and Housing currently managed…

Threats on waterways killing competitiveness of Nigerian ports—Bello

The Executive Secretary of the Nigerian Shippers’ Council (NSC), Barr Hassan Bello, has opened up on the key factor frustrating the performance of leading Nigerian seaports, saying incidence of brutal pirates’ attacks along the nation’s territorial waters cannot be unconnected….