Business Hilights

Tracking Nigeria's Headline Business News Online

Month: November 2022

ICT

New winners emerge in Glo Festival of Joy promo in Lagos

With the growing popularity and acceptance of Globacom’s Festival of Joy promotion in Lagos, the company on Monday, November 28, 2022, held a draw to select the next set of lucky subscribers. The draw, which was held at Gloworld, Adeola…

ICT

Kate Ene David wins 2022 MTN mPulse Spelling Bee Champion

The fifth edition of the MTN mPulse Spelling Bee Competition has come to an end with Kate Ene David emerging as the winner. Kate, a student from Intimacy with Christ International School, Mararaba, Nasarawa State, won the bee after correctly…

Few Months to end of tenure, FG mulls Solid Minerals refining plants

After seven years and few months to end of administration, the Federal Government has said that the process of refining gold, gemstones and other mineral resources has commenced in the six geo-political zones of Nigeria. Mr Olamilekan Adegbite, Minister of…

ICT

MTN Nigeria Presents MTN Mobile Ads Services to brands

Leading telecom services provider, MTN Nigeria recently held an industry-focused session with stakeholders from different companies and advertising agencies to showcase its robust next-generation customer engagement suite primed to enable Nigerian businesses tap into the growing mobile advertising industry. To…

Dangote targets 300,000 jobs in Sugar Sub-Sector

Africa’s foremost industrialist, Aliko Dangote, is optimistic that the new multibillion Naira investment in the sugar sub-sector would help provide no fewer than 300,000 jobs in Nigeria. A statement from the Corporate Communication Department of the company, said that the…

FG Mulls Reopening of Operations At NigerDock

The Federal Government has expressed its readiness to lift the suspension order on Nigerdock following its willingness to abide by the rules and its contributions to the growth of the nation’s economy. The Minister of Transportation, Mu’azu Jaji Sambo, stated…

ICT

First NCC Digital Park in Kano Set for Completion January 2023

Ahead of the auspicious commissioning of the Digital Industrial Park (DIP) project in Kano State, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has, once again, paid an inspection visit to the site of…

Appeal Court Exonerate Zenith Bank, Upturns High Court Judgment on Firm

After several months of legal tussle between Zenith Bank Plc v Real Integrated & Hospitality Limited and State Universal Basic Education Board (SUBEB) Gombe State, a three-man panel in the Court of Appeal sitting in Lagos led by Justice Muhammed…

NGX, IFC Promote Opportunities in Green, Social, Sustainability Bonds

Nigerian Exchange Limited (NGX), the sustainable Exchange championing Africa’s growth, and International Finance Corporation (IFC), Wednesday announced a partnership to facilitate the issuance of green, social and sustainability bonds in Nigeria to increase financing for projects that address climate and…

Ghana proposes 2.5% VAT increase; reduces E-levy   to 1%

Mr Ken Ofori- Atta, Minister of Finance and Economic Planning, has proposed a 2.5 per cent increase in the Value Added Tax (VAT) to support roads and digitisation agenda of government. He said the Government would “Review the E-levy Act…