Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

samsung
ICT

Galaxy Note 7 flames up again as ATCON decries influx of fake phones

A US flight was evacuated prior to takeoff when a passenger’s Galaxy Note 7- reportedly a replacement in Samsung’s global recall-caught fire, landing the company in another controversy. This is as the resident of Association of telecoms Companies of Nigeria…

Industry

Agriculture shortest way out of recession —BoI

The Bank of Industry has disclosed that if Nigeria raises her potentials in many agricultural products, especially plantain and cassava, recession may start to ease earlier than expected. This was revealed yesterday in Ile Ife by the Group Head, Department…

FirstBank, NESG seal deal on 22nd economic summit

First Bank of Nigeria Limited and FBN Merchant Bank Limited have partnered the Nigerian Economic Summit Group to host the 22nd Nigerian Economic Summit (NES#22) with the theme: ‘Made in Nigeria.’  The summit which is scheduled to hold at the…

SMEs

Heritage Bank deepens support for startups

Heritage Bank recently took advantage of customers’ service/appreciation week to organise a business fair to celebrate the business activities of   various customers. The fair which took place at 12 Ligali Ayorinde Street, Victoria Island, was an opportunity for various entrepreneurial…

Ecobank, Global Fund renew partnership deal to fight HIV

In keeping with its corporate social responsibility, Ecobank Transnational  Incorporated  has renewed its partnership with the Global Fund to Fight AIDS, Tuberculosis and Malaria for another three years running. Ecobank in a statement on Friday explained that the relationship between…

We groom Startups for early survival in Nigeria—Jumia

Jumia Travel has explained the secret of the success for its trainees after beginning businesses. The group said “at Jumia Travel, we believe there are other elements that are as important as capital for a business to grow”. “Some of…

FAAN wants workers to raise IGR

Leadership of the Federal Airports Authority of Nigeria (FAAN) have called on its workforce to rededicate themselves in order to raise standards capable of deepening the internally generated revenue (IGR) of the agency for the government as recession bites harder….

Spend 70% software budget on Local Solutions—ISPON

Mr. Olorogun James Emadoye, president of the Institute of Software Practitioner of Nigeria (ISPON) has revealed that “the next battle field for globalization will be of constructive National Policies and Strategies on software, digital Security and Artificial Intelligence of Things…

ICT

MTN rakes in $1Bn in Bonds

MTN has raised $1 billion (R13.9 billion) in two dollar bonds. The group said the first such issue by Africa’s biggest wireless carrier by sales since 2014. The news comes after ratings agency Standard & Poor’s lowered the MTN group’s…

Speculations, IMTAs may push up Naira next week

Stabilization of the naira on the parallel market next week may be a reality considering the beginning of international money transfer agencies (IMTAs) to sell dollars to Bureau De Change operators. The new deal is in line with the Central…