Business Hilights

Tracking Nigeria's Headline Business News Online

Day: April 3, 2019

Just in: Wike’s win with margin of 712, 405, ends 2019 general election in Nigeria

At last and few minutes ago, jubilation went viral for the opposition Peoples Democratic Party (PDP) as incumbent Governor, Barr Nyesom Wike, has won the March 9, 2019 governorship election in Rivers State. The final results announced by the Independent…

(Special Report) NGFCP on gas flaring: A timely drive for Nigeria’s win-win deal

No doubt, the crisis of gas flaring seems to have exited several oil producing nations but yet to leave Nigeria due to policy inconsistency and lack of political will to drive any good policy tailored towards the eradication. Gas flaring,…

N189bn gross earnings mean sustained performance trajectory—Fidelity Bank

The Chief Executive Officer of Fidelity Bank Plc., Mr. Nnamdi Nwankwo, has linked the bank’s released 2018 financial year results which presented N189bn gross earnings to a sustained performance trajectory. In a statement, the bank said the figure represented 4.8…

Phones Refurbished 22
ICT

Hard economy pushing Nigerians away from new smartphones to refurbished—Report

More details have emerged on why many Nigerian youths who are in need of smartphones to get connected are shying away from newly launched smartphones by leading manufacturers. A three-month (January-March 2018) survey carried out by Business Hilights Intelligence Unit…

Yabatech-1
ICT

Canon seals 3 year deal with YabaTech to develop photography

Canon Central and North Africa (CCNA), a leader in imaging solutions, has signed a 3 year partnership agreement with Yaba College of Technology (YabaTech) to support students in their professional development by conducting print workshop training with Canon specialists. The…

Shame as Nigeria now imports 91% of its daily petrol needs—BudgIT

Leading technology driven research and development group, BudgIT, has come up with a report revealing that in the last 13 years, Nigeria had been importing no less than 91 per cent of its daily petrol needs upon being the sixth…

‘Several air transport agreements, nothing to show for indigenous airlines’

For decades now, the Federal Government had been in the habit of rushing to seal Bilateral Air Service Agreement (BASA) with so many countries, but there had been nothing gainful from the pact to the indigenous airlines. It is important…

NPA deepens local content, unveils Marine, Harbour Simulation Centre

The Nigerian Ports Authority (NPA), Tuesday received strong commendation from the Minister of Transportation, Mr Rotimi Ameachi following the establishment of an Ultra-Modern Marine and Harbour Simulation Centre at Dockyard Apapa. Addressing stakeholders at the commissioning of the Centre, the…

15m drug addicts keg of gunpowder for Nigeria’s economy, society—Expert

More reactions have continued to trail recent revelation by the Chairman, Presidential Advisory Committee for the Elimination of Drug Abuse, Brigadier Gen. Mohammed Marwa (rtd) who has put the nation’s figure of drug addicts at about 15 million. The former…

Ugochukwu resumes as 1st African CEO at TEF to drive entrepreneurship ecosystem

Mrs. Ifeyinwa Ugochukwu, former Director of Partnerships and Evaluation, Tony Elumelu Foundation (TEF), has assumed duties as the third CEO and first African to become head the Foundation. In December 2018, the Foundation, the leading African philanthropy committed to empowering…