Business Hilights

Tracking Nigeria's Headline Business News Online

Month: May 2024

Tinubu’s Ground Plan of LG Autonomy’ll Be A Game Changer If…

By Ade Dosumu The proposal by the Federal Government to grant full Autonomy to the local governments in Nigeria is a welcome development and long overdue. I commend the Federal government whose Attorney General Of The Federation, Lateef Fagbemi SAN,…

Lagos New Transport Policy Silent on Okada

Whereas the Lagos State Government on Tuesday made public, its Transport Policy which emphasised integration of the various transport elements and modes to facilitate seamless movement, a closer look suggests total silence on use of Okada as a means of…

Cement: Dangote Approves 50% Rise on Dividend Payout to Shareholders

Plans Conversion of Haulage Trucks to CNG powered Upon the unprecedented harsh business operating environment, the Chairman of Dangote Cement Plc, Aliko Dangote has announced an increase of 50 per cent on dividend payout to the shareholders, from N20.00 per…

ICT

FG Flags Off Responsible Data Management Course for Public Servants

The Federal Ministry of Communications, Innovation & Digital Economy through the Nigeria Data Protection Commission (NDPC) in collaboration with Data.Org has launched a Responsible Data Management Course, a free online course resource targeted at equipping public servants with the fundamentals…

NNPC Ltd, JV Partners, NDDC Commission N24.5bn Ogbia-Nembe Road

The NNPC Ltd and its joint venture partners – Shell Petroleum Development Company (SPDC), TotalEnergies, Nigeria Agip Oil Company (NAOC) – in collaboration with the Niger Delta Development Commission (NDDC), have commissioned the 25.7km Ogbia-Nembe Road in Bayelsa State. The…

Konga logo 88
ICT

Konga Tech Month Discount Offer To End Friday

Leading industry analysts have averred that the Konga Tech Month sales campaign by e-Commerce giant, Konga has been sensational since it kicked off on the 1st of this month. With massive discounts promised on a wide range of tech products,…

CIS, ASHON Reject Proposed Central Bank Amendment

Stakeholders in the capital market have voiced reservations over the proposed amendments to the Central Bank of Nigeria (CBN) Act No. 7 of 2007, warning of potential adverse economic consequences. The Chartered Institute of Stockbrokers (CIS) and the Association of…

NDLEA smashes drug cartels, recovers multi-billion-naira cocaine, fentanyl consignments

A cocaine trafficking cartel headed by a couple: Bolanle Lookman Dauda and Olayinka Toheebat Dauda has been smashed in Lagos and Ogun states by operatives of the National Drug Law Enforcement Agency, NDLEA, with multi-billion-naira worth of the illicit drug…

Zenith Bank’s Onyeagwu wins CEO Of The Year in Africa At 2024 Intl Bankers’ Award

The outgoing Group Managing Director/Chief Executive Officer of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, has been named the ‘Best Banking CEO of the Year in Africa’ at the International Banker 2024 Banking Awards, retaining this title for the second consecutive…

Tinubu Harps on LG’s Strategic Role in National Security Architecture

President Bola Ahmed Tinubu, has emphasized the crucial role of local government systems in Nigeria’s national security architecture and further stressed the need for urgent legislation to safeguard and enhance the autonomy and effectiveness of local government administration to address…