Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

Seplat Energy wins Leadership Newspaper Oil & Gas Company of the Year

Leading Nigerian independent energy company listed on both the Nigerian Exchange Limited (NGX) and the London Stock Exchange (LSE), Seplat Energy Plc, has emerged as the Leadership Newspaper Oil & Gas Company of the Year. The Company was honoured at…

Glo 88
ICT

Glo introduces comedy video content services

Leading national telecom carrier, Globacom, has unveiled a unique comedy service that provides a variety of video content from well-known Nigerian comedians for the entertainment of subscribers on the network. In a press statement, Globacom stated that the Glo Naija…

NCDMB Host Oil Industry Players, Academia, on Research and Innovation Imperatives

Oil and gas industry stakeholders and leading academics on Tuesday began a three-day Research and Development (R&D) Zonal Workshop at the Niger Delta University (NDU), Amassoma, with special focus on needs-driven research and deepening of collaboration and linkages, sponsored by…

Taiwan’s Maxxis Tyres hits Abia Industrial Park, 2,000 jobs underway

Investors are flocking to Aba as Taiwan’s Maxxis Tyres plans to establish a full-scale tyre production plant in the city. Following the stable power restored by Geometric Power in Aba North, with plans to expand to 8 other LGAs by…

ICT

TECNO’s CAMON 30 Premier 5G reign with PolarAce Imaging System, Sony Imaging Chip at MWC 2024

In a seismic shift in the mobile technology landscape, TECNO made waves at the 2024 Mobile World Congress (MWC) by unveiling its groundbreaking PolarAce Imaging System, featuring the cutting-edge Sony Imaging Chip. This groundbreaking technology is set to debut in…

Abia Modular Refinery begins operation in 2025 — Official

The refinery, to be located within the Abia Industrial Innovation Park, is expected to provide 2,000 direct jobs. The Commissioner for Information and Culture in Abia State, Okey Kanu, says the proposed modular refinery at the Abia Industrial Innovation Park…

BoG suspends FX licences of GTBank, First Bank for fraud

The Central Bank of Ghana, popularly called Bank of Ghana (BoG) has suspended the foreign exchange licences of Guaranty Trust Bank (GT Bank) and FBN Bank for one month. The apex bank in Ghana announced the suspension of the two…

Soyombo’s Alleged ‘Wale’, not same as Customs CG—OMMAN Research

…As Investigation shows ethical lapses! The Online Maritime Media Association of Nigeria (OMMAN) can authoritatively report that the name ‘Wale’ voraciously mentioned in a video alluded to by an alleged Southwest Smuggler, IBD Deinde was neither that of Wale Adeniyi,…

Transcorp Power Lists on NGX at N1.8trn market capitalization

Nigerian Exchange Limited on Monday, 4 March 2024 admitted 75 billion shares of Transcorp Power Plc at N240 per share to its Main Board. The leading power generation company’s listing boosts the overall NGX market capitalization by N1.8 trillion, just…

Gas is Nigeria’s logical transition fuel—Seplat Energy

Making a case for gas development in Nigeria, Seplat Energy Plc, a leading Nigerian independent energy company, has said gas development is a clear solution to Nigeria’s immediate problems and remains a longer-term transition fuel. The Director New Energy at…