Business Hilights

Tracking Nigeria's Headline Business News Online

Month: January 2022

NGX to Review 2021 Market Activities and Provide 2022 Outlook

Nigerian Exchange Limited (“The Exchange” or “NGX”) will hold its annual 2021 Market Recap and 2022 Outlook in collaboration with Renaissance Capital (RenCap) on Thursday, 3 February 2022. The virtual event will facilitate conversations around The Exchange, the larger Nigerian…

Guinness to grow by 811.2% in Q2-22

GUINNESS published its Q2-22/H1-22 (end-Dec 31) unaudited results today, reporting growth of 811.2% y/y in Q2-22 standalone PAT. Consequently, EPS grew by 811.2% y/y to NGN1.85 (Q2-21: NGN0.24); thus, H1-22 EPS came in at NGN4.03 (vs Loss Per share of…

SIFAX Group grosses CSR in 2021

… Projects mostly executed through philanthropic arm, Ajoke Ayisat Afolabi Foundation*** SIFAX Group, a conglomerate with investment in Maritime, Aviation, Logistics, Oil & Gas, Financial Services and Hospitality, spent over N250 million on Corporate Social Responsibility (CSR) programmes across Nigeria…

Transparency International (TI) hits Buhari’s government on corruption

Transparency International (TI), a global movement working in over 100 countries to end the injustice of corruption has ranked Nigeria 154, out of the 180 countries, placing it on a list of 31 countries that have made no significant progress…

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ICT

ALTON’s position on Media Coverage of 5G, Aviation Operations

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) understands the concerns that industry stakeholders and customers of our members have been expressing in relation to the on-going debate in the United State of America (USA) over the risk of…

ICT

TD Africa plans empowerment of 10m women by 2025

TD Africa, Sub-Saharan Africa’s leading distributor of tech, lifestyle and cutting-edge solutions has unveiled plans to engender a mindset shift and contribute to harnessing the latent potential of Nigeria’s burgeoning female population by empowering over 10 million women by 2025….

ICT

NITDA engages stakeholders at grassroot

The National Information Technology Development Agency, (NITDA) in its aspiration to be closer to its stakeholders, today, organized a one-day Stakeholders Engagement Program to cascade its programs, projects, and policies to the grassroots people. Speaking virtually during the first edition…

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NITDA boss highlights impacts of NDPR in Africa

The Director General of NITDA, Kashifu Abdullahi has opened up on the significant roles played by NDPR since 2019 in the nation’s technology space. Speacking at the 2022 National Privacy Week in Abuja, he said “The NDPR has made a…

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Awards to NCC, Danbatta Underscore Significance of Telecom to GDP

On a note that signals a momentous year for the Commission, the Nigerian Communications Commission (NCC), has already put two awards in its kitty, as it receives The REGULATOR OF THE YEAR Award for 2021. Its Executive Vice Chairman and…

AMAECHI excited with progress at Lekki Deep Seaport

….Commends NPA’s Support to Early Completion of Project Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi has applauded the pace of work at the Lekki Deep Seaport project, while expressing hope that operational and commercial services at the port would…