Business Hilights

Tracking Nigeria's Headline Business News Online

Month: April 2019

PDP hits INEC over Atiku, accuses Commission of replacing servers nationwide

Still maintaining its trending accusation that the Independent National Electoral Commission (INEC) had even before announcing the presidential result won by President Muhammadu Buhari, it had transmitted the real result figures with Alhaji Atiku Abubakar as winner, the Peoples Democratic…

World class Pacific Lagos Towers opens for business on Victoria Island

The Pacific Lagos, latest unveiled world class mixed 14 floors high-rise on Ozumba Mbadiwe Road, Victoria Island has finally announced readiness for business. Checks by Business Hilights show that the Pacific Lagos is a prestigious tower with a unique blend…

Fidelity Bank cruising steadily to joining league of Tier 1 banks—CEO

The Managing Director/CEO, Fidelity Bank Plc, Nnamdi Okonkwo has averred that the financial institution is comfortably on its way to joining the Nigerian Tier I banking group considering the steady progress it is making in driving a five-year strategic plan….

Global accelerex
ICT

Accelerex’s ANP next Fintech disruption to shape ePayment in Nigeria—Peters

More details have emerged on the innovative features coming with Global Accelerex’s Agent Network Platform (ANP). Giving further insights in an interview in Lagos, the Executive Director, Technology & Innovation, Global Accelerex, a financial technology solution provider, Mr Stanley Peters,…

STEMCafe Launch Lekki
ICT

STEMCafe opens in Lekki to drive child early interest in innovation

In line with emerging global dynamics and applications in Science-Technology-Engineering and Mathematics (STEM), Bosun Tijani, CEO and Founder of the leading technology innovation centre in Nigeria, CcHUB has opened STEMCafe for kids play time in Lekki, Lagos State. In his…

$1bn loan: TCN’s revelations on Gencos, Discos send warning signal to W’Bank

Barely two weeks after the Minister of Finance, Mrs Zainab Ahmed met with officials of the World Bank for $1bn power sector revival loan at the Spring Meeting of the bank and IMF in New York, the Managing Director/Chief Executive…

Pilots’ complacencies linked to all six crashes in last 7 years—AIB Report

The recently released reports on all six air accidents across the country since 2012 to date by the nations’ Accident Investigation Bureau (AIB) have linked all the crashes to pilots’ self-righteousness and abuse of laid down flying procedures for each…

Give waivers to encourage use of Eastern ports to decongest Apapa—Senators

The Senate Committee on Works, Friday gave its parting recommendation on ending the Apapa traffic crisis, saying time has come for all the key maritime agencies including Nigerian Ports Authority (NPA), Nigeria Customs Service (NCS), and Nigerian Maritime Administration and…

Fresh statistics on new minimum wage reveals movement without motion

More startling details have continued to emerge from new national minimum wage recently signed into law by President Muhammadu Buhari. Recall that the preliminary observation on the dollar equivalent of former minimum wage of N18,000 was $117 in 2010 and…

Hostile policy on local flour firms forcing Dangote to exit segment

Fresh details have emerged on why Dangote Group has concluded arrangements to sell its flour producing value chain to Olam Group. The scoop is gotten from Flour Mills of Nigeria (FMN) plc following a passionate appeal it has made to…