Business Hilights

Tracking Nigeria's Headline Business News Online

Month: February 2021

Our target is to end gas flaring by 2025—Minister

The Minister of State for Petroleum Resources, Mr Timipre Sylva has averred that the nation’s central target is to end gas flaring by 2025. Speaking Monday at a Public Hearing on gas flaring organised by the House of Representatives on…

Okonjo-Iweala rolls out agenda as WTO new chief

Newly-appointed Director-General of the World Trade Organisation (WTO) and former Finance Minister, Dr Ngozi Okonjo-Iweala, who was Monday announced by the world body as the new chief of the international agency has averred that “Deep reforms that will get the…

ICT

MTN working towards zero emissions by 2040

As the impacts of climate change become increasingly visible around the world, MTN believes in the benefits of a healthy planet and has pledged its commitment to achieve net zero emissions by 2040. With global warming on the rise and…

ICT

NCC warns job seekers, says ‘We’re not recruiting’

The Nigerian Communications Commission (NCC) has drawn the attention of the Nigerian public to the false advertisements being circulated online soliciting applications for a purported recruitment exercise by the Commission for 2021/2022. In a terse statement, the Commission made the…

Fidelity Bank succeeds in N41.21bn bond issuance

Fidelity Bank Plc has disclosed that it has successfully issued 10-year N41.21bn in fixed rate unsecured subordinated bond at a 8.5 per cent coupon rate due in 2031. It disclosed this in a statement titled ‘Fidelity Bank Plc successfully issued…

Investors drag FG to court over Unclaimed Dividends

Smart shareholders of companies listed on the Nigerian Stock Exchange (NSE), under the aegis of Palm Wealth Shareholders Association (PWSA), have instituted a case against the government at Federal High Court of Nigeria, Abeokuta Division, Ogun State. The Finance Act…

ICT

MDXi deepening energy efficiency, environmental sustainability

MDXi, West Africa’s largest carrier-neutral data Centre and a fully owned subsidiary of MainOne, is leading the way in reducing greenhouse gas emission in its quest to promote sustainable development. The need to maintain equilibrium between human development and preserve…

ICT

NITDA DG gives insights on Agency’s efforts in driving digital ecosystem

The Director General of the National Information Technology Development Agency (NITDA), Mallam Kashifu Inuwa Abdullahi (CCIE), said that the Agency is implementing key policies to harness the Nigeria Digital Ecosystem. He made this known at a webinar session organised by…

Okeke rolls out manifestos on his Mandilas presidential bid

As the March, 2021 general election of the massive Mandilas International Trade Centre (MITC) draws nearer and campaigns hot up, leading presidential contender and incumbent, Chief Anthony Amechi Okeke weekend rolled out his manifestos. Recall that MITC is one of…

Committee on AfCFTA flags off nationwide awareness

The National Action Committee on the African Continental Free Trade Area (AfCFTA) has commenced a nationwide awareness and sensitisation tour in line with its mandate to prepare Nigeria to take advantage of the continental agreement. In a statement, the Committee…