Business Hilights

Tracking Nigeria's Headline Business News Online

Month: May 2024

Badaru Reviews Security Synergy, Defence Issues at Schuman Forum

The Minister of Defence, Muhammed Badaru Abubakar, is currently attending the Schuman Security & Defence Forum in Brussels, Belgium. The Forum, which commenced today, featured high-level discussions on global security and defence strategies. Badaru made a keynote presentation on Nigeria’s…

FG Commissions 5.2 mmscfd CNG Plant in Lagos, Plans 6 more Nationwide

In its continued efforts to provide alternative source of fuel for Nigerians and lessen the impact of subsidy removal on petrol, the Federal Government has commissioned a 5.2 million standard cubic feet per day (mmscfd) Compressed Natural Gas (CNG) plant…

Owena Group Mulls $1bn Investment in Ondo Bitumen Field

The Ondo State Governor, Hon. Lucky Aiyedatiwa, Thursday disclosed that his administration is open to offering incentives to attract both local and foreign investments into the economy of the State to drive development. The Governor said with the many natural…

ICT

How NCC Is Digitally Enabling Renewed Hope Agenda In Nigeria

In Nigeria, a young tech-savvy and upwardly mobile population is teeming, and exploring derivable benefits of digital technologies. They are propelled by rapidly expanding internet access and steady broadband penetration, currently about 43 per cent. Our digital economy is poised…

TotalEnergies, AEC Reaches 2 GW Renewable Milestone in France

TotalEnergies has reached a milestone of 2 GW of installed green electricity in France, having invested $400 million towards the domestic supply of green energy in 2023. According to a company statement, the French supermajor generated up to 90% of…

ICT

Glo voted Champion Newspapers Telecom Company of The Year

Globacom received yet another well-earned honor on Saturday when it was named the 2023 Champions Newspapers Telecommunication Company of the Year. Globacom accepted the prize during Champion Newspapers Limited’s yearly awards ceremony, which was held at the Eko Hotel &…

Fidelity Bank Plc Bags Highest Rank Under CGRS

…As Industry Stakeholders hail feat Leading retail banking giant, Fidelity Bank Plc complies with the highest corporate governance standards as the leading commercial bank adheres promptly to all full disclosure requirements and global best practices. Fidelity Bank is awarded CG+,…

Microsoft 99
ICT

Microsoft is set to host African Startups AI Fest in Morocco

The hybrid event will bring together startup founders and pioneers from across Africa; Microsoft’s startup partners and customers will take to the main stage to share their stories of success; Up to 10,000 startups will be given access to industry-specific…

Tinubu To Flag Off NASENI CNG Conversion Centre On Friday

President Bola Ahmed Tinubu is set to commission the National Agency for Science and Engineering Infrastructure (NASENI) Compressed Natural Gas (CNG) Conversion, Filling, Reverse Engineering and Training Centre in Utako Abuja. The landmark event which will take place on Friday,…

Enugu Set For NgEducators Int’l Model United Nations Conference

All is set for the Enugu State Government through the State Ministry of Education to host the maiden edition of the NgEducators International Model United Nations Conference. Expected at the conference scheduled from June 4th – 8th, 2024, with His…