Business Hilights

Tracking Nigeria's Headline Business News Online

Month: May 2023

ICT

Konga guarantees same day delivery for Mid-Year Shopping Festival

Konga, Nigeria’s leading composite e-commerce giant, has pledged huge savings and more importantly, same day delivery for shoppers in the second edition of the much-anticipated Mid-Year Shopping Festival. Widely regarded as the biggest discount sale in the first half of…

Buhari voids Umahi, renames Ebonyi Airport, others in renaming Spree

1. Akure International Airport… now, Olumuyiwa Bernard Aliu 2. Benin International Airport now known as Oba Akinzua ll 3. Dutse International Airport renamed Muhammed Nuhu Sanusi. 4. Ebonyi International Airport now known as Chuba Wilberforce Okadigbo Airport 5. Gombe International…

NASCON records 84% increase in profit

Industrial giant, NASCON Allied Industries Plc have recorded impressive growth in all performance indicators in the year ended December 31, 2022, with profit after tax surging by 84 percent, from N2.97 billion to N5.47 billion. Shareholders at the company’s 2022…

NNPCL welcomes subsidy removal as queues return on price hike

The managing director of NNPCL, Mele Kyari has welcomed the presidential announcement that described petrol subsidy as over. Recall that President Bola Tinubu had in his inaugural speech, announced that subsidy is gone forever. However, responding to the reaction of…

President Bola Ahmed Tinubu Inaugural Address to Nigerians

Monday, May 29, 2023 FIRST INAUGURAL ADDRESS BY PRESIDENT BOLA AHMED TINUBU 29 MAY 2023 THE NIGERIAN IDEAL My Fellow Citizens, I stand before you honoured to assume the sacred mandate you have given me. My love for this nation…

Economy bleeds as Senate amends CBN Act to allow for endless borrowing by FG

In an emergency session on Saturday, the Senate hurriedly amended the CBN Act in order to empower the Apex bank to borrow more. This is coming few weeks after approving of N23.7 trillion Ways and Means loan to Federal government….

NDLEA intercepts explosives, illicit drugs in nationwide raids

Good results have started emerging as the National Drug Law Enforcement Agency (NDLEA), intensifies operations at drug joints and routes nationwide ahead of May 29 inauguration of new administrations across the country, its operatives have intercepted a consignment of 32…

Wigwe explains support for underprivileged children in North

The CEO of Access Holding Plc., Mr Herbert Wigwe has given insights on why he is proud to support underprivileged children education in the north. In a tweet, weekend, he said “Education unlocks a brighter future, and I’m proud to…

I am leaving Nigeria better in 2023 than in 2015—Buhari claims

*Muhammadu Buhari last Broadcast as President today Sunday, May 28, 2023. My fellow Nigerian brothers, sisters and friends of Nigeria. I address you today, in my last assignment as a democratically elected President of our great and well-endowed nation, with…

Just in: Chevron decries circulation of false recruitment information

Global oil and gas exploration giant, Chevron Nigeria Limited (CNL), operator of the Nigeria National Petroleum Company Limited (NNPCL) and CNL Joint Venture, is aware of the circulation of false recruitment information in several media and online channels in the…