Business Hilights

Tracking Nigeria's Headline Business News Online

Month: February 2024

ICT

Our vision at NCC is to create dynamic regulatory environment—EVC

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida has averred that “Our vision at NCC is to create a dynamic regulatory environment that ensures universal access to affordable and equitable service and supports the nation’s…

PalmPay Partners CAC to Register 219,000 Small Businesses

Per the Companies and Allied Matters Act (CAMA) 2020 provisions, leading fintech company PalmPay has partnered with the Corporate Affairs Commission (CAC) to register 219,000 small businesses to boost Nigeria’s economy. In a press briefing announcing the initiative recently in…

Chevron Nigeria Wins Sustainable Energy Business Award at NIES

Multinational energy giant, Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Company Limited and CNL, was on Tuesday, February 27, 2024, recognized with the Sustainable Energy Business award at the ongoing Nigeria International Energy…

Dangote Cement Bags Environmental Sustainability Award

Leading cement solutions provider, Dangote Cement Plc has emerged winner of the 2023 NatureNews Environmental Sustainability Award. The award was conferred on the company Tuesday at the 3rd Anniversary Lecture of NatureNews and Presentation of the Hero of Environmental Actions…

NIMASA Delivers Institute building to University of Port Harcourt.

The Management of the Nigerian Maritime Administration and Safety Agency, NIMASA, today handed over the ultra-modern complex housing the Institute of Marine and Transport Technology to the Management of the University of Portharcourt, Rivers State. According to Jamoh, the building…

Otudeko, Aig-Imokhuede, NGX Group Honor Ogunbanjo’s Legacy

Prominent figures from the Nigerian business landscape have came together to pay tribute to the late Bamofin Abimbola Ogunbanjo during an Afternoon of Tributes and Closing Gong Ceremony, organized by the Nigerian Exchange Group in collaboration with Coronation Group. The…

Music Stakeholders Adopt ‘Nigerian Music Industry Collective’

The 2nd Emergency Meeting of the Nigerian Music Industry with the theme, ‘Identification of Internal and External Regulatory Mechanisms to Smoothen the Working Relationship among Various Stakeholders and Subgroups in the Music Industry,’ took place on Monday 12 February 2024,…

NNPCL Facilitating IOC’s Divestment, Not Hindering—Kyari

The Nigerian National Petroleum Company Limited (NNPC Ltd), as the largest partner to all the oil producing companies in Nigeria, has assured that its role in the divestment of the International Oil Companies from onshore and shallow water assets in…

Cardos’s 1st MPC Meeting Hikes CRR to 45.0%, others

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at its first meeting of the year, voted to: Raise the MPR by 400bps to 22.75% Increase the asymmetric corridor to +100bps/-700bps (Previously: +100bps/-300bps) Increase CRR to 45.0%…

ICT

NITDA-Founder Institute Graduates 13 From 2023 Startup Accelerator Scheme

In a move to cultivate talent in Nigeria, the National Information Technology Development Agency (NITDA) celebrated the successful conclusion of the NITDA-Founder Institute (FI) 2023 Startup Accelerator Programme, with graduation of 13 outstanding founders who demonstrated exceptional dedication and innovation…