Business Hilights

Tracking Nigeria's Headline Business News Online

Month: February 2021

ICT

MTN Group drives future-fit workforce solution for rapid digital change

MTN Group has unveiled its a new Employee Value Proposition (EVP) entitled “Live Inspired” to drive agility, flexibility and future fit skills for its workforce. Learning the lessons of the challenges brought about by COVID-19, MTN has adopted a refreshed,…

Ecobank Nigeria opens up on its Senior Unsecured $300 million bond

Ecobank Nigeria (“ENG” or “the Bank”) (www.Ecobank.com/ng), a wholly owned subsidiary of leading pan-African banking giant, Ecobank Transnational Incorporated (‘ETI’), the parent company of the Ecobank Group, announced that it has successfully priced its USD 300 million bond issuance maturing…

Konga logo 88
ICT

(Special Report) Konga: The making of Africa’s e-Commerce unicorn

The global e-Commerce wave has birthed an aggressive rise of super-structures, led by the likes of renowned international players such as Amazon and Alibaba. With much of the narrative in the ecosystem tilted towards these giants, Africa remains seemingly left…

Oil Price rise: Sylva’s comment on more pains for Nigerians worrisome

More Nigerians have continued to react to a recent comment by the Minister of State for Petroleum Resources, Mr. Timipre Sylva, who earlier in the week, told Nigerians to get their prepared the minds of Nigerians for a higher regime…

China developing cold feet on $5bn Mambilla Power Project?

The observed silence of the Chinese investors in flagging off construction work on the Mambila Power Project has raised concerns of cold feet. However, the Nigerian Investment Promotion Commission (NIPC), has called on the Chinese Government to intensify its support…

Outrage greets Buhari’s seriousness in Nigeria-Niger rail line

Following Tuesday’s flag off of the construction activities for the Kano-Katsina-Jibiya-Maradi (Niger Republic) rail line with branch line from Kano by President Muhammadu Buhari, many Nigerians have continued to ask questions on the preference of the international scheme over several…

FG voids petition before VP, approves Bankers’ Committee plot on N’Theatre

More crossfire of legal tussle mare face the planned redevelopment of the National Theatre following the approval of the takeover by the Federal Executive Council without recourse to a petition made by the original concessionaire who had a development plan….

BUA Refinery ready in 2024 if…

If construction activities go as planned, the 200,000 barrels per day BUA Petroleum Refinery will commence full commercial operation in 2024, after a groundbreaking ceremony billed for May this year. Giving graphic details on the economics of Nigeria’s second largest…

ICT

NCC raises alarm on Cloned Facebook Account

In the course of its regular online surveillance aimed at protecting telecoms consumers and industry stakeholders, the Nigerian Communications Commission (NCC) has discovered a spurious Facebook Account purporting to be that of the Commission. We have since contacted Facebook Team…