Business Hilights

Tracking Nigeria's Headline Business News Online

Month: June 2023

NIMASA at NOGOF 23, calls for review of freight terms in Nigeria

The Director-General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Bashir Jamoh, said policies of the current administration at the Agency are tailored to complement efforts of the Nigerian Content Development and Monitoring Board (NCDMB) to grow the…

Imo plans intra-state automated bus mass transit scheme

All is set for the introduction of intra-state automated bus mass transit scheme that will cover Owerri, Orlu and Okigwe towns. The Special Adviser to Imo State Governor, Senator Hope Uzodimma on Mass Transit, Hon. Anthony Emeka Anyaehie said the…

ICT

NCC’s Talk-To-The Regulator Forum designed to deepen service delivery—EVC

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Danbatta has given clearer insights on the brain behind the routine holding of Talk-To-The Regulator Forum across the states by the commission. Speaking in his keynote address at…

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ICT

9mobile amongst Top 25 Best Workplaces in Nigeria—LinkedIn

9mobile, Nigeria’s innovative and customer-friendly telecommunications company, has been ranked among the 25 Best Workplaces in Nigeria where employees can grow their careers in the 2023 LinkedIn Top Companies Ranking. The LinkedIn Top Companies ranks the 25 best companies investing…

Imo, oil marketers meet on managing subsidy removal

The Imo State Governor, Senator Hope Uzodimma is set to meet with petroleum products marketers in Imo State to agree on ways to mitigate the effects of the planned removal of subsidy from petroleum products by the government. President Bola…

Just in: Access Bank most valuable Nigerian brand at N205.6bn

World’s leading brand valuation consultancy, Brand Finance, Thursday released a study showing that due to an impressive year-on-year brand value growth of 31%, Access Bank has become the most valuable Nigerian brand with a value of NGN205.6 billion. Despite a…

BUA Cement now fastest-growing Nigerian brand, up by 64%

In the views of leading global brand consultancy group, Brand Finance Nigeria, BUA Cement has clinched the title as Nigeria’s fastest growing brand in 2023 after an increase of 64% took it to a brand value of NGN43.9 billion. As…

Fintechs can’t lend to Dangote, but banks can—Chike Obi

Chairman of Bank Directors Association of Nigeria (BDAN), Mr. Mustapha Chike Obi has debunked the growing fears that Financial Technologies (FinTechs) will soon push traditional banking institutions away from core banking businesses. Addressing financial issues of national importance Thursday morning…

ICT

ITU and the worries of widening digital dividends

Sonny Aragba-Akpore   With a third of global population still on the outskirts of digital dividends,in 46 countries,the International Telecommunications Union (ITU) in pursuit of inclusive development says,it is determined to bridge this divide by 2026. India and China top…

CBN devalues currency to N630 as W’Bank decries debt burden

Even though the Central Bank of Nigeria (CBN) has tactically devalued the naira, thus raising official exchange rate from N415 to about N630, the President of the World Bank Group, David Malpass, has warned that Nigeria’s parallel exchange rate is…