Business Hilights

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Business Hilights

Africa Plus Partners lists carbon mitigation fund on NGX

In another significant move towards championing sustainable investing in Africa, Nigerian Exchange Limited (NGX) is pleased to announce the listing of Africa Infra Plus Fund (AIPF I), a ₦20.5bn closed-end infrastructure fund, on the Exchange, on Tuesday, 24 January 2023…

Just in: CBN raises MPR, retains other indices

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at its first meeting of the year, decided to: Raise the MPR further by 100bps to 17.50%; Retain the asymmetric corridor of +100/-700bps around the MPR; Retain the…

Just in: Dangote refutes fake news surrounding refinery commissioning

The attention of Dangote group has been drawn to some misleading reports regarding the commissioning of its Dangote Refinery during the present working visit of President Muhammadu Buhari GCFR to Lagos State. In a terse statement signed by the Group…

Breaking! Lagos Trade Fair Complex closes Wednesday for collection of PVCs—Ilechukwu

Ahead of massive exercise of franchise, leading business centres across the federation have started announcing closure of markets so as to enable their members to go and collect their Permanent Voter Card (PVC) at INEC centers nearest to them. Accordingly,…

ICT

NITDA seeks fact checkers to combat fake news

Ahead of the fast approaching 2023 elections, the Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa, has called on the management of global tech giant Meta to involve more fact-checkers with good knowledge of Nigeria’s local languages. Inuwa…

‘Lekki Seaport: Vessels to be 4 times bigger than those berthing at TinCan, Apapa’

Whereas no government official spoke on any plan to avoid a repeat of Apapa gridlock caused by port activities, President Muhammadu Buhari Monday, flagged off commercial activities at the brand new Lekki Deep Seaport, developed in a tripartite arrangement involving…

Over 2,000 global stars register for Access Bank Lagos City Marathon

More than 2,000 international elite athletes from across the world have registered for the Gold-Label Access Bank Lagos City Marathon, setting a record of entries for any marathon in Africa. The race holds on Saturday, 4 February. The General Manager…

Fintech latest
ICT

65% jump in fintech use – with boomers the fastest-growing cohort

The use of finance apps jumped by almost two-thirds in 2022 – with boomers the fastest growing demographic, reveals new data from one of the world’s largest independent financial advisory, asset management and fintech organisations. deVere Group, which does business…

POS Mobile-Payment
ICT

Israel, Italy have Lowest Cost of Mobile Internet as Japan, US lead in highs

Just as Mobile internet traffic almost doubled in the last eight years, today, more than 60% of all website traffic comes from people using mobile devices. But, as the global mobile data coverage gap continues to narrow, the price gap…

ICT

FG, World Bank plan W’Africa Digital Economy Conference month end

Leading policy makers and stakeholders in the digital economy ecosystem in the West African sub-region will converge in Abuja from January 31 to 1st February for the Digital Economy Regional Conference to discuss the future of digital economy and intensify…