Business Hilights

Tracking Nigeria's Headline Business News Online

Month: June 2022

U.S accounts for 42% of these global billionaires under 30

There are 12 billionaires under the age of 30 on Forbes’ 2022 list of the World’s Billionaires. According to a MoneyTransfers analysis, the U.S accounts for 42% of these global billionaires under 30 years. MoneyTransfers CEO Jonathan Merry says, “The…

ICT

Collaboration success path to 5G deployment in Nigeria, says Danbatta

Industry collaboration is very essential to successful deployment of 5G Services in Nigeria, so says the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, who in Lagos earlier today, urged industry stakeholders to stand…

NGX All-Share Index gains 0.47%

Extending its winning streak for the third consecutive session, the Lagos bourse maintained the positive momentum as the benchmark index closed 0.47% stronger to close at 51,618.73 points. Sustained appetite for MTNN (+3.85%), FBNH (+9.78) and UBN (+6.19%) outweighed losses…

NGX, CIS Enhance Stakeholders’ Capacity for Exchange Traded Derivatives

Nigerian Exchange Limited (NGX) and the Chartered Institute of Stockbrokers (CIS) organized a capacity-building workshop for Exchange Traded Derivatives stakeholders, on Thursday 23 June 2022, in line with the commitment to promote a robust derivatives market ecosystem in Nigeria. The…

Leo Stan Ekeh Foundation to provide 10,000 jobs in Imo State

The Leo Stan Ekeh Foundation (LSEF), a futuristic Non-Governmental Organization (NGO) which focuses on promotion of 21st century knowledge through quality education, practical entrepreneurship, healthy living and enhanced lifestyle, is set to flag off a project to create over 10,000…

PR: America accounts for 31% of the globe’s nuclear-generated electricity

According to a StockApps data presentation, the U.S. generates the most nuclear electricity globally. The country’s nuclear power plants produce nearly 790,000 GWh of electricity. That’s roughly 31% of the world’s total electricity production from the resource. StockApps’ finance and…

ICT

Veteran Journalist, Muoka now NCC’s Director Public Affairs

The Management of the Nigerian Communications Commission has appointed Reuben Muoka, an innovative journalist and consummate public relations practitioner, as its new Director of Public Affairs (DPA). Reuben Muoka takes over from Dr. Ikechukwu Adinde, who has assumed duties as…

Saraki Tours NIMASA Facilities

l Urges Continuous Synergy among Maritime Agencies The Minister of State for Transportation, Senator Gbemisola Ruqayyah Saraki has embarked on a tour of facilities and assets of the Nigerian Maritime Administration and Safety Agency (NIMASA). Assets inspected included the NIMASA…

Safe driving: FRSC commissions Dangote truck driving school

…Dangote also trains block makers in Kano, Katsina to prevent building collapse Leading Cement manufacturer, Dangote Cement Plc, on Wednesday launched the Dangote Articulated Truck Driving School in a move aimed at inculcating safe driving culture in its drivers so…

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ICT

FG advancing mechanism for secured cyberspace—Minister

The Honourable Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim Pantami has said that building an advanced mechanism for a secured cyberspace, is one of the government top priority in order to provide enabling environment for the socio-economic…