Business Hilights

Tracking Nigeria's Headline Business News Online

Month: February 2024

NNPC Ltd/Total Energies JV Claims Achievement of Zero Gas Flare

Pursuant to meeting the targets of 20% (unconditional) and 47% (conditional) greenhouse gas emission reduction as contained in the Nationally Determined Contribution under the Paris Accord signed by the President Bola Ahmed Tinubu administration, the NNPC Ltd/TotalEnergies Joint Venture has…

FG’s debt of N3trn to Gas Firms, Discos frustrating power supply nationwide

Facts on the observed poor power supply nationwide have emerged. The federal government has stated that the inability to pay over N3 trillion it owes gas companies and electricity generating companies is responsible for the low electricity supply in the…

Confusion as Tinubu Rejects Buhari’s TCS on Road Construction

The Federal Inland Revenue Service (FIRS) has rejected the three year old N2.59 trillion Tax Credit Scheme introduced by former President Muhammadu Buhari administration for road construction across the country. This is coming just as one of the critical executors…

CBN Gov., Cardoso to chair MPC

President Bola Ahmed Tinubu has appointed the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, as the chairman and 11 others as members of the newly constituted Monetary Policy Committee (MPC) of the apex bank. Tinubu announced the…

Fidelity Bank Extends Tenure of Onyeali-Ikpe as CEO to 2026

Board of Directors of Nigeria’s financial powerhouse, Fidelity Bank Plc has graciously extended the tenure of the Chief Executive Officer (CEO), of the bank, Dr Nneka Onyeali-Ikpe, to 2026. Mr Ezinwa Unuigboje, the Company Secretary, said this in a notification…

Fidelity Bank Floats TSF in Lagos Trade Fair complex to grow businesses

Nigeria’s leading retail banking giant, Fidelity Bank Plc., has announced the introduction of a special business promotion scheme, Trader Support Facility (TSF), tailored for business owners in Lagos International Trade Fair complex and member of Association of Progressive Traders (APT)…

APT President, Ilechukwu rolls out 2024 targets of his administration

The President of the Association of Progressive Traders (APT), Lagos International Trade Fair Complex, Chief Eric Ifeanyichukwu Ilechukwu on Thursday, February 15, 2024, gave a rundown of the plans of his government for the year 2024. Addressing members of his…

APT in Lagos Trade Fair Marks 17th Anniversary in Praises, Thanksgiving

The Association of Progressive Traders (APT), one of the leading business groups in the Lagos International Trade Fair Complex on Thursday, February 15, 2024, mark her 17th year of migrating from Idumota in Lagos Island to the complex. The association…

AfCFTA: NCDMB Advocates Database of Skills, Standards for Goods, Services

As plans to implement the African Continental Free Trade Agreement (AfCFTA) continue to unfold, the Nigerian Content Development and Monitoring Board (NCDMB) has advocated the removal of visa restrictions among African nations, the creation of a database of available skills,…

Late Access Holdco CEO, Wigwe gave NDLEA land in PH

The National Drug Law Enforcement Agency, NDLEA, condoles with the families, friends, staff of Access Holdings and Nigerians in general, over the death of Mr. Herbert Wigwe, members of his family and others in the tragic chopper crash of February…