Business Hilights

Tracking Nigeria's Headline Business News Online

Month: July 2021

Glo 88
ICT

Glo offers subscribers 22X Value of every recharge

Emerging indications in the telecom space have shown that good times are here for subscribers of national telecommunications company, Globacom as the company delights its pre-paid subscribers with the 22 times the value of every recharge from N100. The telecommunications…

Fidelity Bank deepening technological innovations to lead peers

In view of the disruption caused by the Covid-19 pandemic, Nigerian Banks are finding that innovation is a critical requirement for survival even in the short term. This is especially germane given the new vista opened by digital banking solutions…

Dangote Cement set to commission $1bn factory in Edo

All is set for the commissioning of Dangote Cement’s six million metric tonnes per annum factory with an estimated cost of $1bn in Okpella, Edo State. According to a statement from the company, the plant, sitting on 1000-hectare land is…

Stanbic IBTC gives tips On Investing in Uncertain Times

Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings PLC, recently organised a webinar themed ‘Investing in Uncertain Times’ via Instagram, as part of the Stanbic IBTC #BlueTalks series. The session featured Fadekemi Obasanya, Head Investment Management and Ekene…

CNN’s Connecting Africa explores business leadership across the continent

In the latest episode of Connecting Africa, CNN International’s Eleni Giokos looks at business leadership in Africa, meeting leaders from across the continent. Giokos presents the show from the site of Expo 2020 in Dubai, where Africa will be very…

ICT

NITDA’s Two Decades Of Sustainable Digital Economy In Nigeria

By Yewande Foluke Bassey The epic moment was heralded by jingles in the media and all other avenues of modern communication. The hype was in commemoration of the celebration of the 20th anniversary of The National Information Technology Development Agency…

Oil slips but heads for steady week on supply tightness

Oil prices trimmed overnight gains on Friday but were poised to end the week largely steady after rebounding from a sharp drop, underpinned by expectations supply will remain tight as demand recovers. Brent crude futures fell 7 cents, or 0.1%,…

At last, CBN succumbs, plans to rollout Digital Currency Oct. 1

After its initial denials and bans on digital currency trading and operations in the country, the Central Bank of Nigeria (CBN) Thursday disclosed that its much-anticipated digital currency will be launched on October 1. CBN Director, IT Department, Mrs. Rakiya…

Cooking gas price climbs to N500/kg, consumers cry out

…As FG remain mute on consequences The price of Liquefied Petroleum Gas, also known as cooking gas, has jumped almost beyond the reach of many Nigerians to a record high of N500 per kilogramme. Accordingly, many households both in rural…

Airline operators hail FG for resting surcharge on aircraft spare parts

Chairman of Air Peace Airline who doubles as the Vice Chairman of Airline Operators of Nigeria (AON), Chief Allen Onyema, has commended the Federal Government for removing seven per cent surcharge on imported aircraft and spares. He also extended the…