Business Hilights

Tracking Nigeria's Headline Business News Online

Month: July 2023

Just in: Seplat CEO, Brown to lead speakers on Gas Forum segment at AOW in SA

Leading energy technocrat and chief executive officer (CEO) of Seplat Energy, Roger Brown is set to drive the new feature in the annual Africa Oil Week (AOW), called ‘The Gas Forum’. Details gathered by Business Hilights showed that the full…

Just in: NIMASA pledges synergy as Navy deploys Blue Assets Arsenals

The Nigerian Navy says assets acquired by the Nigerian Maritime Administration and Safety Agency (NIMASA) under the Integrated National Security and Waterways Protection Infrastructure, otherwise known as the Deep Blue project have been deployed across the South West, Central and…

ICT

Just in: FG pledges to build Africa’s tech innovation ecosystem

The Nigerian Government through the Federal Ministry of Communications and Digital Economy has assured that it would intensify effort at partnering with the industry stakeholders to help evolve, enable broad opportunities, foster innovation and build the African tech innovation ecosystem….

MPC votes to raise MPR by 25bps to 18.75%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) voted to increase the Monetary Policy Rate (MPR) further by 25bps to 18.75% at its July policy meeting. In addition, the Committee voted to narrow the asymmetric corridor…

NGX Group Declares Interim Dividend Payment

Following the emergency meeting of the Board of Directors on Tuesday, 25 July 2023, Nigerian Exchange Group Plc (“NGX Group” or “The Company”) today announces an interim dividend of 25 kobo per ordinary share of 50 kobo each, distributable to…

ICT

Poor communications in displaced persons/refugee camps

By Sonny Aragba-Akpore   Access to telecommunications facilities in camps occupied by displaced persons globally remains a nightmare.Whether via satellite,mobile or terrestrial connectivity,the result remains the same. The people are left to their devices as very little happens to cushion…

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ICT

PalmPay, Glo begin “PalmPay Bonanza – Recharge Glo and Win”

Major Fintech platform PalmPay and prominent and Nigeria’s leading telecommunication Company, Globacom unveiled their joint promotion campaign, “PalmPay Bonanza – Recharge Glo and Win,” running from July 21 through September 14. Recognised as a trailblazer in the Nigerian fintech space,…

NCDMB assures investors on Construction of Ondo Oil and Gas Park soon

Construction of a low-cost manufacturing hub for equipment components and spare parts used in the oil and gas industry will start in Ondo State soonest, according to the Nigerian Content Development and Monitoring Board (NCDMB). Located at Ilaje, Ilaje Local…

ICT

Smile Communications unveils SuperFast Internet Services in Kano

Kano State is about to witness a groundbreaking transformation in the digital landscape as Smile Communications, a renowned telecom provider, launches its SuperFast Internet Services in the region. Following the success of its Voice services earlier this year, Smile is…

ICT

Monarch Commends NCC’s Consumer Protection activities

Influential monarch, the Lamido of Adamawa, Dr. Muhammadu Mustapha, has commended the Nigerian Communications Commission (NCC) on a range of its telecom consumer protection initiatives, including the recent Village Square Dialogue (VSD), which held at the weekend in Yola, Adamawa…