Business Hilights

Tracking Nigeria's Headline Business News Online

Month: February 2023

TotalEnergies: Improved revenue pushes EPS growth of 13.0% y/y in Q4-22

TotalEnergies Marketing Nigeria Plc (TOTAL) has published its Q4-22 unaudited financials reporting EPS growth of 13.0% y/y to NGN11.57 in Q4-22 (Q4-21: NGN10.24), supported by improved revenue (+46.6% y/y) and lower operating expenses (-10.1% y/y). Meanwhile, 2022FY EPS declined by…

NDPB: GT Bank, Zenith being investigated on unlawful 3rd party disclosures

Considering gross allegations of unlawful disclosure of banking records to a third party, unlawful access and processing of personal data, the Nigeria Data Protection Bureau (NDPB) has opened investigation on data breach by the concerned two banks. The banks are…

Digital banking and the hiccups within

By Sonny Aragba-Akpore Despite the beauty associated with the advent of digital banking ,the pitfalls are unbearable to victims. From about 1987,when banks introduced technology into their banking operations ,it was received with excitement by Nigerians who saw this as…

Banana Island, Nigeria’s Most Exclusive Estate Where Richest Nigerians Live

Who are you here to see?” Even though I expected the question, it still feels off guard. I convinced the security guards at the main gate that I have been invited and after a call to the person I am…

Corruption: Ranking 150 out of 180 under Buhari’s 8 years means he failed

The Civil Society Legislative Advocacy Centre (CISLAC), and Transparency International (TI), on Tuesday released the 2022 Corruption Perception Index, CPI, showing that Nigeria ranked 150 out of 180 countries. The Executive Directive, CISLAC/TI-Nigeria, Auwal Rafsanjani in a press briefing in…