Business Hilights

Tracking Nigeria's Headline Business News Online

Month: November 2023

Full Text of President Tinubu’s Address at 2024 Budget Presentation

President Bola Tinubu, on Wednesday, presented the N27.5 trillion 2024 budget proposal to a joint session of the 10th National Assembly in Abuja — his first since assuming office exactly six months ago.⁣ The full speech below: In furtherance of…

Stop congratulating me on my reappointment—NNPCL Boss

The Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company (NNPC) Limited, Malam Mele Kyari, expresses gratitude to Stakeholders and Nigerians for their enthusiasm regarding his reappointment by the President and Commander-in-Chief of the Federal Republic of Nigeria, Asiwaju…

Eze Obianigwe Foundation embarks on Free Medical Outreach in Ochasiato

From Fortune Obikwere November 22, 2023 was, indeed a memorable day for the 10 Autonomous Communities that make up the Ochasiato Clan, as a foremost Philanthropist and Traditional Ruler of Isi Ihiteowerri Autonomous Community in Orlu LGA of Imo State,…

Fidelity Bank announces 1st edition of Fidelity Family Weekend Fiesta

As part of packages to spice up the 2023 Yuletide, leading financial institution, Fidelity Bank Plc, has announced plans to host the maiden edition of the Fidelity Family Weekend. Scheduled to hold on Saturday, 16 and Sunday, 17 December 2023…

PalmPay Entices Users with iPhone 15, Phantom X2 in Savings Challenge

Top flight fintech company PalmPay is rewarding its users for their saving habits in a new savings promotion geared towards driving financial literacy. The savings challenge will run from November 28 to December 7, 2023, and users have the chance…

NPA boss seals Bond of Performance with Minister

The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko signed a performance bond for Ministerial Deliverables from 2023 – 2027 with the Honourable Minister of Marine and Blue Economy, Chief Adegboyega Oyetola.

ICT

DPI, Verod Capital Partner to Back Management of Pan African Towers

Pan African Towers (PAT), a leading digital infrastructure company based in Nigeria, has announced a strategic investment from Development Partners International (DPI), a premier investment firm focused on Africa, and Verod Capital (Verod), one of the continent’s leading investment management…

Zenith Bank seals MoU with France to land in Paris

Nigeria’s leading Tier-1 financial giant, Zenith Bank Plc has signed a Memorandum of Understanding (MoU) with the French Government to establish a subsidiary of Zenith Bank Plc in France. The MoU, which was signed by the Founder and Chairman of…

Energy

How Shettima Factor survived Kyari at NNPCL

Whereas many pundits have argued that the influence of the Vice President, Kashim Shettima compelled President Tinubu not to remove the CEO of NNPCL, a statement from the State House said in compliance with Section 59 (2) of the Petroleum…

NGX Regco Builds Shareholders’ Capacity on Corporate Governance

In line with its collaborative regulatory philosophy aimed at promoting a transparent and fair market, NGX Regulation Limited (NGX RegCo) organized a two-day workshop for retail shareholders in Nigeria between Thursday, 23 November and Friday, 24 November 2023. The workshop,…