Business Hilights

Tracking Nigeria's Headline Business News Online

Day: November 27, 2019

Why CBN kept rates unchanged at November MPC meeting—Rewane, Cordros

Leading economic analysts and development pundits have given insights on why the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), rose from its November meeting Tuesday to retain the previous standing of all rates. In his assessment, Chief executive…

NITDA Buhari
ICT

Waiting for Pantami’s rescue directives on NigComSat’s under-utilisation

In the last few months of his secondment from National Information Technology Development Agency (NITDA) to the plum position of the substantive Minister of Communications and Digital Economy, Dr Isah Pantami had clearly demonstrated serious leadership trajectory in the sector…

Anambra Summit
ICT

Obiano, Soludo rate digital human dev. above physical infrastructure

…As Zinox boss sees Anambra leading in digital governance Anambra State Governor, Chief Willie Obiano, has given reasons why his has state is leading in digital governance alongside physical infrastructure upgrade in the state. Speaking at the recent State-sponsored the…

(Special Report): How Sylva is fine-tuning Nigeria’s gas revolution drive

Less than one month of his official appointment and confirmation as the substantive Minister of State, Petroleum Resources, former Governor of Bayelsa State, Chief Timipre Sylva, took off repositioning of the oil and gas industry with unprecedented commitment. His first…

Stricter shipping fuel standards from January 2020 to push up fuel price

There are strong indications that landing costs of petroleum products imported into Nigeria would increase from January 1, 2020, when costlier shipping fuel standards by the International Maritime Organisation (IMO), comes into effect. Findings by Business Hilights Intelligence Unit (BHIU),…

Heritage Bank lifts 2,000 female entrepreneurs via financial inclusivity scheme

Heritage Bank Plc has stepped up financial inclusivity initiatives that recently empowered over 2000 female entrepreneurs to the level of economic enablement and self-realization. In achieving the feat, the bank is partnering with a Non-Governmental Organization, Prime Women Builders Foundation…

Agbazuere’s appointment as CoS, a unifying masterstroke in Abia State

By Paddy Anyatonwu Based on testimonies of majority of Abians, the appointment of Dr. ACB Agbazuere by Gov. Okezie Ikpeazu as his Chief of Staff (CoS) on November 5, 2019, is just a timely masterstroke. Leading political pundits and followers…

2023: Reflecting, trying to fault Senator Abaribe’s stand on APC’s Igbo presidency

On Monday night, November 25, 2019, Senator Enyinnaya Abaribe (PDP Abia State), Minority Leader in the Senate was a guest of Ladi Akeredolu-Ale on Channels TV’s interview programme. When asked his thoughts on South-East producing the President from the ruling…