Business Hilights

Tracking Nigeria's Headline Business News Online

Month: April 2021

Onyema completes tenure as CEO of NSE assumes GCEO NGX Group Plc

Oscar Onyema, OON has now completed his tenure as the Chief Executive Officer (CEO) of The Nigerian Stock Exchange (NSE or The Exchange). In commemoration of his exemplary leadership, he was honoured with a digital Closing Gong Ceremony on Thursday,…

ICT

Microsoft, Zoom most impersonated brands in 2020 phishing attempts—Report

Fresh data made public by the Atlas VPN team, have shown that Microsoft and Zoom were the most commonly impersonated companies in the phishing attacks in 2020. In total, 80% of all last year’s brand email phishing campaigns imitated Microsoft…

ICT

MTN rolls out payment alternatives as issues hang with Commercial Banks.

As part of emergency measures, MTN Nigeria has rolled out alternative channels including payment solutions platforms such as Flutterwave, Jumia Pay, OPay, Kuda, Carbon and BillsnPay. MTN in a statement on Saturday by its Senior Manager, External Relations, Funso Aina,…

ICT

Infrastructure, Literacy Keys to Transformational Benefits of ICT – Prof Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has said that robust digital infrastructure and literacy are key to reaping the transformational benefits of Information and Communication Technology (ICT) across public and private institutions…

UBA: A Bank in constant pursuit of Customer Satisfaction

United Bank for Africa (UBA) Plc has carved a niche for itself and continues to stand out as the leading Pan-African financial institution, consistent in introducing numerous first rate innovative products with customer satisfaction in mind.  To this end, the…

ICT

Just in: Contempt proceeding looms as FG extends NIN-SIM Linkage by One Month

Strong indications suggestive of imminent contempt of court proceeding are emerging following the only one month extension of NIN-SIM data linkage deadline by the Federal Government. Recall that a statement issued today by the Nigerian Communications Commission (NCC) and the…

SEC Approves new CEOs of Demutualised Entities of NSE

The National Council of the Nigerian Stock Exchange is pleased to announce that the appointments of the following Chief Executives to head its non-operating Holding Company and operating subsidiaries have been approved by the Securities Exchange Commission, Nigeria. Name Designation…

UBA now to Benefit from Recovery Trends in 2021—Chairman

Lead Pan African financial institution, United Bank for Africa (UBA) Plc Thursday assured its teeming shareholders and investors of even greater returns in the coming months, with the bank having established a diversified business model that ensures impressive performance even…

Access Bank records interest income decline of 8.9% y/y to N489.22bn

Access Bank released FY-20 earnings earlier in the week, showing the bank recorded growth in earnings even though it recorded an interest income decline of 8.9% y/y to NGN489.22 billion in the period under review. Analysts say it was pressured…

Dangote raises life status of 16,000 rural women in Kwara State

Aliko Dangote Foundation (ADF), on Wednesday, empowered a total of 16,000 women in all the 16 local government areas of Kwara State. Each of the 16 thousand rural women were given the sum of N10,000 each, to help boost their…