Business Hilights

Tracking Nigeria's Headline Business News Online

Month: May 2024

ICAN, NGX Regco Recommit To Transparency, Excellence In Corporate Reporting

…As Dangote Cement, Seplat Top Award The Institute of Chartered Accountants of Nigeria (ICAN) and NGX Regulation Limited (NGX RegCo) on Friday, 17th May held the maiden corporate reporting award, which recognizes the top 30 most capitalized companies listed on…

ICT

Minister Congratulates Ibietan, Other Elected APRA Executives

The Minister of Information and National Orientation, Mohammed Idris, has felicitated the newly-elected Executive Council of the African Public Relations Association (APRA), elected at the 35th APRA Annual Conference and Annual General Meeting (AGM), which was held in Abidjan, Côte…

How Nigeria’s Adekeye Emerged Chairperson, APPO Training Directors

Nigeria’s Folashade Adekeye has emerged as the Chairperson, Forum of the Directors of Oil & Gas Training & Vocational Education Institutes of the African Petroleum Producers Organization (APPO). Adekeye, who is the Director, NNPC Academy, took over from the former…

Prof Ogbonna sets agenda for Otti’s 2nd year, hails his first

A University Don at Abia State University, Prof. J U Ogbonna, has not only congratulated the Governor of Abia State on his state revival and renewal mission, but has also set new agenda for the governor for the remaining part…

NIMASA’ll continue to support women in maritime industry—DG

The Director General of Nigerian Maritime Safety and Administration (NIMASA), Dr. Dayo Mobereola has assured continued support of women plying their trade in the Nigerian maritime industry. Speaking in his Keynote address at the 2024 International Day for Women in…

Dangote calls for investments for Africa’s economic growth

President of the Pan-African Conglomerate, Dangote Industries Limited (DIL), Aliko Dangote has called for increased investments in the African continent to foster its rapid growth and development. Speaking at the largest gathering of private sector leaders in Africa, the Africa…

Normalcy Restored After Lagos Depot Fire Incident—NNPCL

The Nigerian National Petroleum Company Limited (NNPC Ltd) wishes to clarify that the fire incident at a tank farm in Marine Beach, Apapa, Lagos, was at a depot belonging to HOGL Energy Ltd (Honeywell Depot), and not an NNPC Retail…

Comp. Daniyan Takes Charge At PTML, Harps on Revenue, Trade Facilitation

Comptroller General of Customs, Bashir Adewale Adeniyi has deployed Comptroller Tenny Mankini Daniyan to the Port Terminal Multiservices Limited Command as Customs Area Controller following the recent elevation of the former immediate past CAC, Saidu Abba Yusuf to the rank…

ICT

NCC suspends Issuance of Licences in 3 Categories

Pursuant to its powers under the Nigerian Communications Act (NCA) 2003 to grant and renew licences, promote fair competition and develop the Communications Industry, the Nigerian Communications Commission (the Commission) hereby informs all stakeholders of a temporary suspension on issuance…

Naira Appreciation Slows Pace of Increase in Consumer Prices

Headline inflation maintained an upward trend in April, edging higher by 43bps to 33.69% y/y (March: 33.20% y/y). Nevertheless, we note that on a month-on-month basis, prices slowed primarily due to (1) reduced exchange rate pass-through given the appreciation of…