Business Hilights

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Business Hilights

Dangote Sugar boosts its $700m investment; increases Numan sugar plantation

President of the Dangote Group, Alhaji, Aliko Dangote, has announced that the Dangote Sugar Refinery (DSR) Plc is significantly scaling up its investment in the sugar sub-sector in line with the requirement of the Nigeria Sugar Master plan (NSMP). Speaking…

Buhari Flags off Oil Drilling in The North at Bauchi-Gombe Border

President Muhammadu Buhari has claimed that his administration attracted over $3bn investment in the Oil and Gas Sector at a time of near-zero appetite for investment in fossil energy. Speaking Tuesday in Bauchi at the Flag-off Ceremony of the Kolmani…

Buhari Set to Unveil newly designed Naira Notes Today

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Tuesday said President Muhammadu Buhari will unveil newly designed N1,000, N500 and N200 notes today, Wednesday, November 23, 2022. Emefiele made this known during the apex bank’s Monetary…

Inflation Fears As CBN’s MPC Meeting Increases MPR

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) Tuesday, November 22, 2022, unanimously voted to increase the Monetary Policy Rate (MPR) further by 100bps to 16.5% – the fourth consecutive rate hike and the highest rate…

PR Measurement agency hosts 2022 AMEC Measurement Month in Nigeria

In collaboration with the International Association for the Measurement and Evaluation of Communication, AMEC, the leading intelligence agency in Nigeria, P+ Measurement Services, declared its interest to host the annual AMEC Measurement Month (#AMECMM) to enlighten PR and communications experts…

Embedded Finance Market to Exceed $183bn Globally by 2027

A new study from Juniper Research has found that revenue from embedded financial services will exceed $183 billion globally in 2027; increasing from just under $65 billion in 2022. Growing by 182% over the period, the report found that this…

Kitack Lim Commissions New NIMASA Headquarters in Lagos

The Secretary General of the International Maritime Organization (IMO), Mr. Kitack Lim Tuesday commissioned the ultra-modern headquarters of the Nigerian Maritime Administration and Safety Agency (NIMASA), located at Victoria Island, Lagos. Speaking during the commissioning of the building, the IMO…

ICT

i.safe MOBILE unviels world’s first explosion-proof 5G smartphone

With the introduction of the IS540.1 smartphone from i.safe MOBILE, the global innovation leader in explosion-proof mobile devices and solutions, a new era for explosion-proof mobile communication solutions begins. The IS540.1 is the world’s first ATEX and IECEx Zone 1/21…

Circular Economy: TotalEnergies, Air Liquide innovate on low Carbon Hydrogen

TotalEnergies and Air Liquide are innovating to produce and valorize renewable, low carbon hydrogen at the Grandpuits zero crude platform. Under a long-term contract committing TotalEnergies to purchase the hydrogen produced for the needs of its platform, Air Liquide will…

ICT

Yuletide Season Sizzles With SmileShopSurprises

To many Nigerians, the Yuletide season is the best season of the year and they have many reasons for that stance. Now, they have additional reason to reinforce the belief in the beauty of the Yuletide Season. And that is…