Business Hilights

Tracking Nigeria's Headline Business News Online

Day: January 13, 2023

New diaspora body, FGNF to scale up national development

A new diaspora group, Forum of Global Nigerian Professionals (FGNP), has emerged to coordinate and boost developments in the country. In a statement by the group, the forum said the formation of the think-tank was driven by the hunger for…

MPC member explains decline in banks’ NPLs

A member of Nigerian Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), Mr Kingsley Obiora, has averred that the nation’s banking system remained sound, safe and resilient to headwinds. According to him, the industry Non-Performing Loan ratio…

Crude oil theft killed ECA, derailed meeting OPEC quota—NECA

The Nigeria Employers’ Consultative Association (NECA) has revealed that apart from the economy losing about $2.5bn monthly for failing to meet the 1.8m barrel per day crude oil production allocation by the Organisation of Petroleum Exporting Countries (OPEC) via crude…

Glo 88

New house winner emerges in Glo Festival of Joy promo draw in Lagos

Another landlord on Thursday emerged in a draw held to determine the winner of an exquisite three-bedroom house  in the Glo Festival of Joy promo. The event  which was held at the Gloworld outlet on Adeola Odeku Street, Victoria Island,…


NIMASA meets NISA over CVFF Disbursement

The Management of the Nigerian Maritime Administration and Safety Agency, NIMASA has continued with constant stakeholders’ consultation and engagement to ensure effective communication to attain seamless disbursement of the Cabotage Vessel Financing Fund as approved by President Muhammadu Buhari GCFR….