Business Hilights

Tracking Nigeria's Headline Business News Online

Month: August 2019

YEA5: Fidelity Bank, Gazelle boost over 200 Youth entrepreneurs in Kano State

Leading SME supporter in Nigeria, Fidelity Bank Plc, in partnership with Gazelle Academy and Bayero University Kano has changed the fortunes of over 200 youth entrepreneurs with tailored and instant empowerment to start off their businesses in Kano. The scheme,…

FG mulls transformer plant, sends 60 Nigerian engineers for training in China

60 Nigerian electrical engineers Tuesday left Nigeria for China under a new programme powered by the National Agency for Science and Engineering Infrastructure (NASENI) to train Nigerians on latest technologies in electric transformer manufacturing. Business Hilights gathered that on completion…

Lagos Assembly moves to nail Ambode for no approval on purchase of N45bn buses

More facts are beginning to emerge on why former Governor and national leader of the ruling All Progressive Congress (APC), Asiwaju Bola Ahmed Tinubu was missing during hurried commissioning of yet to be completed Oshodi Transport Interchange and set of…

Real estate database to guide govts, developers in siting, pricing houses—Chime

Chief executive of COPEN Group of Companies and current National President, Real Estate Developers Association of Nigeria (REDAN), Mr Ugochukwu Chime has given insights on reasons behind the planned generation of national real estate database. In an interview, he said…

9Mobile shop
ICT

AFC steps up 9Mobile’s repositioning drive with $230m facility

Barely few months after official takeover and internal restructuring of 9Mobile, strong operational boost is underway for the telecom giant as the Africa Finance Corporation (AFC), has approved a $230 million loan facility. The company said the facility will go…

Policy abandonment as Minister mulls new broad dev plan, silent on ERGP

What appears to suggest possible abandonment of the Economic Recovery and Growth Plan (ERGP) introduced by the current administration during its first term (2015-2019) as development plan may have been dumped has emerged. This is deduced from the maiden address…

Kenya, Sudan, Algeria, Ghana others shrinking Nigeria’s crude oil exports market

In the last one year, many African economies with oil resources have stepped up explorations in partnership with leading international oil companies. The economies are beginning to reap from their structured and deep pocket investments in oil and gas, thus…

Experts review performance at ongoing Africa NIMPORT Summit in Lagos

The managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has called on port business operators and terminal concessionaires to team up in the growth of emerging Blue Economy in Nigeria. Speaking at the ongoing12th Nigeria International Maritime Ports…

‘Prepaid metering: Extend Discos August 31 deadline to meter MDAs to all Nigerians’

More reactions have continued to trail the recent matching order handed down to all Discos by the Nigerian Electricity Regulatory Commission (NERC) to meter all ministries, departments and agencies of both federal and state governments before the end of August….

Siemens unveils report on ‘Dawn of Digitalization, impact on Africa

Siemens, in conjunction with Frost & Sullivan, have carried out a comprehensive research outlining the current state of key industries across the continent and identifying challenges and opportunities. The study, named ‘The dawn of digitalization and its impact on Africa’,…