Business Hilights

Tracking Nigeria's Headline Business News Online

Day: March 23, 2020


COVID-19: MTN waives fees on Cash2Cash-MOMO Agent Money Transfers

MTN Nigeria Monday announced removal of user fees for Cash2Cash on its subsidiary service, the Y’ello Digital Financial Services (YDFS) as part of seamless access for the service in the trending regime of COVID-19 global pandemic which has started in…

Just in: Uzodinma’s Ministry of Livestock Development ‘pregnant’—Analysts

Disquiet has greeted the creation of Ministry of Livestock Development by the Imo State Governor, Senator Hope Uzodinma as all the 23 new commissioners and over 90 aides were sworn-in today, Monday, 23 March 2020. The ministry, which many Imo…

Covid Jack Ma

Just in: Jack Ma’s donated Africa’s COVID-19 testing kits arrives Addis Ababa

The Ethiopian Airline group Monday morning landed first batch of Covid-19 testing kits, donated by Chinese billionaire and owner of Alibaba e-Commerce group, Mr Jack Ma, at Addis Ababa Airport via Ethiopian Airline. Recall that Ma had announced the donation…

Just in: COVID-19 kills one in Ghana as confirmed cases hit 21

11 days into the first confirmed case of COVID-19 infection in Ghana via import from Europe, a 61 year-old male patient has passed on. Already, government of Ghana had on Sunday closed its border, following confirmation of local transmission with…

Are Nigerians short-changed on petrol pump price at N125?

Fresh facts and statistics have suggested that the recent reduction in petrol pump price in Nigeria from N145 to N125, may have been a Greek gift as the Federal Government is making well over N2bn daily selling the product at…

SPE activates smaller entities’ investments in less attractive areas to IOCs

Chairman of Society of Petroleum Engineers (SPE) Nigeria Council, Joseph Nwakwue has advocated activation of smaller entities’ investments in areas of less attraction to international oil companies (IOCs) to fast track indigenous stake uptakes in Nigeria’s oil and gas sector….

ATCOn Pantami visit

Nigeria behind Egypt, Rwanda, S’Africa in digital penetration—Teniola

President of the Association of Telecoms Companies of Nigeria (ATCON), Engr Olusola Teniola has weighed African continental mileages and averred that aside possessing the best market for investments, digital penetration and technology consolidation are more in Egypt, Rwanda and South…


‘NIMC’s mention of ‘card’ collection instead of slip in statement deceitful’

A statement announcing the shutdown of all National Identity Management Commission’s  (NIMC) National Identity Number (NIN) registration enrolment centres in five states last week by the Commission, where it erroneously claimed that  “all enrolment activities, card collection and other related…

Heaps of prepaid meter applications rot at Discos—Report

A new report released by Business Hilights Intelligence Unit (BHIU) on Sunday, 22 March 2020, has shown that contrary to the claims of Nigerian Electricity Distribution Companies (Discos) and Association of Nigerian Electricity Distributors’ (ANED) that they have been fastening…

Oil on seeming recovery as Trump intervenes in Saudi-Russia price feud

Oil extends recovery as Trump hints at intervening in Saudi-Russia price war – Oil prices recovered further on Friday, following steep gains in the previous session after U.S. President Donald Trump hinted he may intervene in the price war between…