Business Hilights

Tracking Nigeria's Headline Business News Online

Month: September 2023

Just in: How Buhari, Emefiele’s ABP dashed N549.5Bn to 10 Northern States in 8 years

Fresh statistics and revelation have emerged on why the new administration under President Bola Tinubu has ordered the Central Bank of Nigeria (CBN) to immediately recover all loans given out under the so-called Anchor Borrowers Programme (ABP) for rice revolution…

NCDMB, ICPC drill Board’s staff in Abuja on anti-corruption

The Nigerian Content Development and Monitoring Board (NCDMB) in conjunction with the Anti-Corruption Academy of Nigeria (ACAN), an organ of the Independent Corrupt Practices Commission (ICPC) organised a 2-day sensitization workshop for the Board’s staff in Abuja recently. Delivering the…

ICT

No Tech-investor in Tinubu’s private team to Indian Round Table

A careful review of the who-is-who in Nigerian business on the entourage of President Bola Tinubu for the next week’s Presidential Round Table & Conference at Le Meridian Hotel in New Delhi has raised serious doubts on the claims by…

IGP bans officers from demanding Customs papers, tinted permit

Henceforth no police man should demand your Customs Papers. No! Except they are on joint operation with Nigerian Customs, but not just on mere routine checks.  This is the position of the Nigerian Police IGP, Kayode Egbatokun. In a terse…

Financial literacy, awareness, can help reduce unclaimed dividends – NGX

Nigerian Exchange Limited (NGX) has said that a mix of financial literacy and awareness can help to reduce the growing number of unclaimed dividend in the capital market. This is coming after efforts by the Securities and Exchange Commission (SEC)…

FG terminates Gwandu job at NASENI, appoints Halilu

President Bola Tinubu on Friday approved the appointment of Khalil Suleiman Halilu as the new Executive Vice Chairman and Chief Executive Officer of the National Agency for Science and Engineering Infrastructure (NASENI). By this appointment, Khalil Suleiman Halilu will serve…

NGX emerges one of the best performing markets in three months

…as market cap hits N1.4trn in August Upon major concerns around the soaring inflation, interest rate hikes and weak macroeconomic indices, investors’ confidence in Nigeria’s stock market remained strong, leading to Nigerian Exchange Limited (NGX) emerging one of the best…

ICT

Poor Digital infrastructure, Biggest Challenge to Tech Adoption in S’East – Agbata

The managing director/ chief executive officer, Anambra State ICT Agency, Mr. Chukwuemeka Fred Agbata “CFA” has averred that the dearth of digital facilities remains the major setback to technological adoption in the South East region of the country. According to…

NLC, TUC declare 2-day warning strike Sept 5 over poor palliatives

The Nigeria Labour Congres (NLC) has declared a two-day warning strike, beginning on Tuesday, September 5, in protest against the Federal Government for failing to address the challenges caused by the removal of fuel subsidy. TUC has already agreed to…

Data Privacy a fundamental human right—Minister

The Minister of Communications and Digital Economy, Dr. Bosun Tijani has averred that data privacy remains a fundamental human right that must be protected by the government. Speaking in a keynote address in Abuja at a event organized by the…