Business Hilights

Tracking Nigeria's Headline Business News Online

Month: March 2020

Just in: Buhari’s Lagos Lockdown under threat as youths’ takeover streets

…As Infections hit 135 in Nigeria with 2 deaths, Ghana 152 with 5 deaths Strong indications have emerged suggesting that the principle aim of the presidential lockdown of Lagos, FCT and Ogun States are facing defeat as rather than remaining…

NCC logo
ICT

NCC didn’t give N300 million subventions to NITDA – Management

Contrary to wide speculation by an online publication that the Nigerian Communications Commission (NCC) gave N300 million to Nigeria Information Technology Development Agency (NITDA), the Commission states unequivocally that this information is mere falsehood, a statement by NCC Management signed…

NNPC leads wealthy Nigerians, corporate citizens to gross COVID-19 donations

President Muhammadu Buhari has saluted the public-spiritedness of wealthy Nigerians and organizations for standing up to be counted in the battle against the Covid-19 pandemic. The President commends members of the Nigerian Private Sector Coalition Against Covid-19, made of people…

Heritage Bank offers seamless service to beat impacts of COVID-19

As the world grapple with the impact of the outbreak of Coronavirus pandemic, which has continued to cause worldwide challenges for healthcare systems, economies and corporate organisations, Heritage Bank Plc has taken practicable steps to offer seamless services to customers,…

NPA, other shareholders donate Agura Hotel as Isolation Centre

…Suspends applicable terminal storage fees on consignments The Nigerian Ports Authority as majority shareholders alongsideothershareholders of the Agura Hotels, Abuja, have agreed to donate the 130-bedfully furnished hotel as isolation centre for COVID-19 in Abuja. This is a social responsibility…

Text of President Buhari’s address to Nigerians on COVID-19

Fellow Nigerians, from the first signs that Coronavirus, or COVID-19 was turning into an epidemic and was officially declared a world-wide emergency, the Federal Government started planning preventive, containment and curative measures in the event the disease hits Nigeria. The…

Sanow-Olu’s economic stimulus targets households with food items

Within the first phase of Lagos State COVID-19 economic stimulus, about 200,000 households will be targeted. This was revealed few days after the Lagos State Government issued a stay-at-home directive to residents, in order to curtail the spread of the…

COVID-19 may be a blessing if W/Bank, IMF vote debt relief for Nigeria, others

A strategic discussion and arrangements is currently on the tables of the duo of the World Bank Group and International Monetary Fund (IMF) to track and urge all bilateral creditors to suspend debt payment from Nigeria and 75 other International…

COVID-19: Air Peace, Arik, other domestic airlines suspend flights to boost lockdown

In line with concerted efforts to save Nigeria from the ravaging effects of COVID-19 pandemic, all domestic airline including Air Peace, Arik Air, Dana Air, Azman and Max Air have started winding up ahead of suspending all their domestic flight…

Failed portions dot federal highways as motorists lament collateral damages

Checks have shown that across all the federal highways, there is more than one embarrassing failed portion that always serves as a nightmare for road users. In many cases these spots are used both by uniformed law enforcement agencies as…