Business Hilights

Tracking Nigeria's Headline Business News Online

Month: May 2021

Independent Newspapers Awards names UBA ‘Bank of the Year’

Pan-African financial giant, United Bank for Africa (UBA) Plc added to its growing list of laurels at the Independent Newspaper Awards, winning the Bank of the Year. The bank was announced winner of the coveted awards at a glamorous event…

ICT

YFDS partners Bet Operators to deepen seamless service

Y’ello Digital Financial Services (YDFS), a subsidiary of MTN Nigeria, has announced its partnership with gaming operators, Betway, BetPawa and Betmojo through its flagship mobile money transfer service, MoMo Agent. The strategic partnership will enable customers to cash their winnings…

ICT

Smile entices subscribers with double data delight

Beginning from tomorrow, Wednesday, Smile, West Africa’s pioneer 4G LTE broadband service provider, will be offering its teeming customers a 100% bonus on recharge on any of its Bigga data plans. This bonus offer, fondly dubbed Double Data Offer, will…

Energy

World Malaria Day: How Chevron Nigeria Limited supports the fight against malaria

“Defeating malaria is absolutely critical to ending poverty, improving the health of millions, and enabling future generations to reach their full potential.” This statement by Tedros Adhanom, Director-General, World Health Organization (WHO), depicts the relevance of the fight against malaria,…

Heritage Bank’s YNSPYRE, CREAM Platform April draw produce millionaires

Heritage Bank has continually fulfilled its promises to support the Nigerian Creative Industry, as millionaires emerged from the YNSPYRE product in collaboration with the CREAM Platform. The YNSPYRE account holders who subscribed to the platform by dialing *745*463# on all…

ICT

We made good progress in the first quarter of 2021— MTN Nigeria CEO

Recently, MTN Nigeria Communications Plc (MTN Nigeria) announced its unaudited results for the quarter ended 31 March 2021 with key metrics showing EBITDA margin increasing by 0.9 percentage points (pp) to 53.1% Capital expenditure was up by 19.3% to N89.9…

ICT

Danbatta Condoles with Emirs of Kano, Bichi over Mother’s Demise

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Garba Danbatta on Friday, April 30, 2021 led a high-powered delegation of the Commission to condole with the Emirs of Kano and Bichi, Alhaji Aminu Ado Bayero and…

Trade Fair Stakeholders President congratulates Okeke for re-election at Mandilas

President of all market association presidents and incumbent leaders of Association of Progressive Traders (APT), Chief Eric Ilechukwu has congratulated the newly re-elected president of Mandilas International Trade Center (MITC), Chief Anthony Okeke ( Ezekwueche Aguleri). In a telephone interview…

ICT

Startups Ecosystem Critical economic growth, says VP Osinbajo

The Vice President of Nigeria, His Excellency Professor Yemi Osibanjo, said that startup ecosystem is one of the vital tools in finding solutions to Africa’s various challenges, according to him, these challenges will determine if the continent’s future as the…

Dangote Cement’s Q1-21 unaudited results show strong growth

Leading African cement group, DANGCEM published Q1-21 unaudited financials last week Friday (30th April), reporting solid growth in both topline and bottom line. Earnings surprised positively as PAT rose by 46.5% y/y to NGN89.71bn while EPS grew by 46.6% y/y…