Business Hilights

Tracking Nigeria's Headline Business News Online

Year: 2019

Expect high cost of doing business in 2020—LCCI Outlook

For business operators crying for high cost of doing business in the ending year, the Lagos Chamber of Commerce and Industry (LCCI) has projected a high cost of doing business in 2020. The Chamber’s Economic Review and Outlook For 2020…

Why can’t Buhari fight Nigeria’s population corruption with genuine census?

By Chidiebere Chukwuneme Saudi Arabia is the headquarters of the Islamic religion. They practice the religion to the core. In fact the holiest Islamic site is there. They practice polygamy. Mortality rate there is low. Standard of living and health…

FYI: January to November total LGA allocations in 2019 at a glance

Allocation from FAAC to the entire 774 LGAs according to States in 2019. ABIA Aba North: N1.55Bn Aba South: N2.62Bn Arochukwu: N1.82Bn Bende: N1.86Bn Ikwuano: N1.69Bn Isiala Ngwa North: N1.74Bn Isiala Ngwa South: N1.69Bn Isuikwuato: N1.64Bn Nneochi: N1.78Bn Obioma Ngwa:…

Just in: Final Investment Decision on $10bn NLNG Train 7 taken in Abuja

Fresh boost today, December 27, 2019 emerged for the Nigerian gas sector following the successful Final Investment Decision (FID) for Train 7 Project of the Nigeria LNG Limited (NLNG) in Abuja. The construction period after FID will last approximately five…

Slash in transaction fees: Banks shun yearly sms Christmas wishes to customers’

Many Nigerian banks’ account holders and customers’ have taken their anger to social media over commercial banks’ silence in sending out season’s greetings and best wishes via sms this year. Some of the bank customers’, who vented their anger using…

Chevron, NNPC seal EGTL Settlement Agreements to deepen domestic gas access

…Highlight socio-economic feats in Nigeria The management of the leading international oil and gas conglomerate, Chevron Nigeria Limited (CNL) has given insights on the expected advantages of newly sealed Escravos Gas-To-Liquid (EGTL) Project Settlement Agreements entered into by it and…

CBN HQs
ICT

CBN’s slash in banking transaction fees boost to digital economy—Minister

…As apex bank clarifies reduction in current account charges The reduction of the cost of electronic cash transactions as well as Automated Teller Machine card maintenance fees by the Central Bank of Nigeria remains an unprecedented boost to Federal Government’s…

Ghana Akufo-Addo
ICT

Disruptive technologies, Conduct of Public Officers Bill to end corruption in 2020—VP

Ghanaian Vice President, Dr Mahamudu Bawumia has assured that the expected signing into law, the Conduct of Public Officers Bill coupled with advancing deployment of digital technologies will the fight against corruption in the country come 2020. He said the…

SEREDEC meets in Enugu, lists regional achievements in three years

In keeping with the ideal spirit of true federalism and rising from its recent 4th South East Economic Summit in Enugu, leadership of the South East Region Economic Development Company (SEREDEC), has taken stocks and parted itself on the back…

GMD of Ghana’s only national refinery, Isaac Osei resigns

Group Managing Director of the Tema Oil Refinery (TOR), Engr. Isaac Osei, has presented his resignation letter to the Chairman of the Board of the national refinery indicating January 1, 2020 as effective date if leaving office. Business Hilights’ Ghana…