Business Hilights

Tracking Nigeria's Headline Business News Online

Month: April 2019

UBA, Mastercard bankroll All-Expense Paid Trip to UEFA C’League Finals

Africa’s global bank, the United Bank for Africa (UBA) Plc in partnership with leading global payments and technology company, Mastercard, have announced largesse of all-expenses paid trips to the Semi-Finals and Finals of the 2019 UEFA Champions League to 12…

Strategy, good governance delivered performance for Access Bank—Chairman

The Chairman, Access Bank Plc, Mrs Mosun Belo-Olusoga has made revelations on how the bank scaled through the observable unfavourable market condition to deliver a strong performance driven by effective strategy and strong governance. Addressing shareholders at the bank’s recent…

Vodacom Beacon Award
ICT

Vodacom amasses triple at 2019 Beacon of ICT Awards, joins ‘Hall of Fame’

Global enterprise solutions provider, Vodacom Business Nigeria, has joined the league of industry leaders following its recognition and induction into the hall of fame at the 10th edition of the annual Beacon of ICT (BoICT) Awards. Business Hilights authoritatively reports…

Spectranet Beacon Awards
ICT

Spectranet bags Best 4GLTE Recognition Award at 2019 BoICT honours

Frontline Internet Service provider (ISP), Spectranet 4G LTE, has won the best 4G LTE provider of the year laurel at the 2019 Beacon of ICT (BoICT) Awards in Lagos. The recognition presented to the brand by Communication Week Media, organizers…

MDXI MD, Gbenga Adebiji
ICT

MDXi joins champions, wins Best Tier III Data Centre @ Beacon of ICT Awards

Major data centre captain and leading co-location group, MDXi (a MainOne company) has received the Best Tier III Data Center of The Year award at the 2019 Beacon of ICT Awards. MDXi beat Rack Center and 21st Century to emerge…

Emulate Dangote’s investment drive—visiting former Ethiopian P’Minister

More African leaders have continued to hail the investment spirit of the president of Dangote Group, Alhaji Aliko Dangote. Latest in the row was the former Ethiopia Prime Minister, Hailemariam Desalegn, who was on a working visit to the emerging…

Q1 2019 reveals Total’s first quarterly loss on record as PAT drops by 128% y/y

Just published Total Nigeria’s 2019 Quarter one results has displayed some percentage of drop in success with Profit After Tax (PAT) declining by 128.4% year-on-year (y/y). This forced the energy giant to post its first quarterly loss on record as…

Terrible conditions of control towers’, radio communications worry Air traffic chiefs

Control towers at Kaduna, Maiduguri, Ilorin, Yola, Sokoto, Benin, and Katsina Airports have been described as very deplorable with poor radio communication capable of breaching flight safety, the Nigerian Air Traffic Controllers’ Association (NATCA) has warned. Rising from its recent…

AfDB, others approve US$167.60m loan for 177.81 km roads in Ebonyi State

The African Development Bank (AfDB) Group, on Wednesday 24 April 2019 approved a US$70 million loan for a road project in Nigeria’s south-eastern Ebonyi State. Details made available by the bank to Business Hilights in an email showed that it…

CSR: Dangote completes, delivers 2,160 bed space students hostels to ABU

Africa’s industrial giant and Chairman of Aliko Dangote Foundation (ADF), Alhaji Aliko Dangote has put paid to his critical intervention in the educational sector by building and donating a fully equipped 2,160 bed space hostel complex to the Ahmadu Bello…