Business Hilights

Tracking Nigeria's Headline Business News Online

Month: March 2021

Accelerex ups services in Ghana with more Digital Payment Options

Pan-African fintech company, Accelerex Ghana, has hit a new milestone, after being granted an enhanced Payment Service Provider (PSP) licence from the Bank of Ghana (BoG), under the Payment Systems and Services Act, 2019 (Act 987). This makes Accelerex Ghana…

ICT

World Backup Day: NITDA warns internet users on regular backups

The National Information Technology Development Agency (NITDA) has joined the public in celebrating WORLD BACKUP DAY today. World Backup Day (31st March each year) originally began as World Backup Month. The event was initiated by a hard drive company (Maxtor),…

ICT

Anambra cruising on the path of digital economy—Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Danbatta has described Anambra State as being on the speedy path of digital economy. Speaking in his Goodwill Message at the Anambra State Broadband Infrastructure Development Stakeholders Forum…

ICT

TEC offers 6 months’ buy now, pay later offer on devices, appliances

Tech Experience Centre, Africa’s foremost lifestyle and technology centre, has rolled out a six months’ zero-interest payment offer on various mobile devices and home appliances ahead of the Easter celebration. The special offer, which runs until Saturday, April 10, 2021,…

ICT

NCC Directors, Wakil, Asaju now NIEEE Fellows

It was pump and celebrations as two directors of the Nigerian Communications Commission (NCC), Bako Wakil and Olwatoyin Asaju have been conferred with the Fellowship of the Nigerian Institute of Electrical and Electronic Engineers (FNIEEE). Wakil, is the Director, Technical…

$12tn needed in global gas investments till 2045—OPEC

The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Mr Mohammad Sanusi Barkindo, has hinted that projections show that from now till 2045, global investments of more than $12 trillion will be needed in the upstream, midstream and downstream…

PDP queries N2.12bn to 1km ratio of contract on 375km Abuja-Kano

The Peoples Democratic Party (PDP) has demanded an immediate review of the 375 kilometre Abuja-Kaduna-Zaria-Kano road reconstruction contract, following the unearthing of corrupt padding in the N797.23 billion recently approved by the Federal Executive Council (FEC). This was contained in…

Access Bank gets SA’s regulatory nod to acquire Grobank

Access Bank Plc has announced that it received approval from South African and Nigerian regulatory authorities to acquire South African-based Grobank Limited.  The bank’s expectation of 30% profit outside its Nigerian base, through a series of acquisitions in East and…

Union Bank Honours Outgoing CEO, Emuka Emuwa, welcomes Emeka Okonkwo

Union Bank of Nigeria Plc took to Nigerian Exchange Group (NGX Group) Plc’s platform to honour its outgoing Chief Executive Officer (CEO), Mr. Emeka Emuwa and introduce the incoming CEO, Mr. Emeka Okonkwo to the capital market at a digital…

Insiders fault police report clearing Okunbo over OMS crisis

The Inspector-General of Police (IGP) Monitoring Unit report clearing the Chairman of Ocean Marine Security Ltd, Captain Idahosa Well Okunbo of the allegations of stealing and criminal diversion of company funds made by Dr Tunde Ayeni, has been faulted by…