Business Hilights

Tracking Nigeria's Headline Business News Online

Month: July 2023

Customs gives insights on rising smuggled rice along land borders

The Nigeria Customs Service (NCS) has intensified the fight against the smuggling of foreign rice and other prohibited items into the country. In a discussion with newsmen on Tuesday, the spokesperson of the Nigeria Customs Service, CSC Abdullahi Maiwada, said…

How Communication can build bridges, regain lost trust in youths – Odukoya

Adekunle Dixon Odukoya, Senior Consultant, Strategy, with leading public relations and integrated communications consulting firm, Chain Reactions Africa (CRA), has proffered insights on how the Federal Government will benefit immensely from engaging well-trained public relations professionals to effectively manage its…

Wale Adeniyi Tours Offices at Customs Headquarters, Abuja

As a strategy to drive compact leadership and seamless administration, the Acting Comptroller General of Customs Bashir Adewale Adeniyi has embarked on a comprehensive tour of Nigeria Customs Service Headquarters, engaging one on one with officers and gaining valuable insights…

ICT

Just in: Zinox to drive renewable energy investment with $250m

Africa’s leading integrated technology giant, ZINOX Technologies Limited, has unveiled a plan to invest over $250,000,000 after years of research, test running of durable and cost efficient multifaceted renewable energy solutions for Africa particularly Nigeria, with leading renewable energy companies…

GCR assigns Shelter Afrique Positive Outlook

Leading South African rating agency GCR has assigned a positive outlook to Shelter Afrique on expectations of a return to profitability within the next two years. Effectively, GCR has given the pan-African housing development financier’s long and short-term issuer ratings…

World’s largest Ship, ‘Icon of the Seas’ coming in January 2024

The world’s largest Ship called “Icon of the Seas” is about to set sail in January 2024. The Ship manufactured in Finland by a Ship making company called Royal Caribbean International will carry 5,610 passengers and 2,350 crew members. The…

NGX, CIS, stakeholders honour FCMB’s Subomi Balogun

Nigerian Exchange Limited (NGX), Chartered Institute of Stockbrokers (CIS) and other market stakeholders on Monday held a mock-trading session and Closing Gong Ceremony in honour of late Otunba Subomi Balogun, FCS, CON, the founder of FCMB Group. Speaking during the…

The Shrinking Political Space In Imo State Interesting?

By Henry Ekpe     By the rumour flying about, it seems the Imo State Government led by Senator Hope Uzodinma, will soon hold Local Government Elections in the State. Unconfirmed sources said the election may hold next month, July,…

Govs. drive peace committee to reconcile Igbos, Yorubas in Lagos

As part of efforts to end the soured relationship among Igbos and Yorubas in Lagos, Governors  Hope Uzodimma of Imo State and his Lagos State counterpart, Babajide Sanwo-Olu have set up a committee to broker peace for them. Setting up…

NGX investors gain N5.3trn in H1 2023 amid bold economic reforms

Equity investors who have endured long periods of bearish sentiments on the floor of Nigerian Exchange Limited (NGX) had cause to smile as their wealth rose to N5.3 trillion in the first six (H1) of 2023 amid audacious macroeconomic reforms…