Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

How India invested $27bn in 40 years in Nigeria

The Indian High Commissioner to Nigeria, Gangadharan Balasubramanian, has revealed that approximately 150 Indian companies have invested more than US$27 billion in Nigeria over the last four decades. Balasubramanian disclosed his address at the 75th Republic Day of India anniversary…

Access Pensions Limited ready to merge with ARM Pension Mgrs.

Leading financial conglomerate, Access Holdings Plc (Access Holdings) is pleased to announce a major development in its ongoing growth strategy. Access Golf Nigeria Limited (‘Access Golf’), a majority shareholder of Access Pensions Limited (‘Access Pensions’) which is a subsidiary of…

Reject enticements from drug traffickers, barons, Marwa tells NDLEA officers

The Chairman/Chief Executive Officer of the National Drug Law Enforcement Agency, NDLEA, Brig. Gen. Mohamed Buba Marwa (Retd) has charged men and officers of the agency to shun any enticement that conflicts with the ethos of their profession as anti-narcotic…

Area 2 Command Onne marks Int’l Customs Day in Style, beats revenue target

The Nigeria Customs Service (NCS), Area II Command, Onne Port, Rivers State joins Customs formations all over the World to celebrate International Customs Day. Speaking in the event, the Customs Area Controller said, the theme “Customs Engaging Traditional and New…

ICT

NITDA Hails DigitalForAllChallenge Initiative, Plans Tech Clubs nationwide

As part of the National Information Technology Development Agency’s  quest of achieving 70% digital literacy by 2027, and the Renewed Hope Agenda of the present administration, in transforming the economy and empowering Nigerians through technology, the Director-General of NITDA, Kashifu…

Eko cultural heritage icon, Adeniji Kazeem salutes Shasore @ 60

Chairman Isale Eko Descendants Union, Mr. Adeniji Kazeem SAN has felicitated with former Attorney General and Commissioner of Justice for Lagos State, Mr. Olasupo Shasore SAN on the occasion of his 60th birthday. In a statement he signed titled, SALUTE…

ICT

Soludo wins Multiple Technology Awards at NCCIDE Meeting in Kano

Governor Chukwuma Soludo’s Anambra State has emerged as a force to be reckoned with, securing an incredible four prestigious awards during the ICT peer review session at the 11th National Council on Communication, Innovation and Digital Economy (NCCIDE) meeting held…

WFE: Popoola Harps on technology revamp, review of listing rules, FPI targeting

The Group Managing Director and Chief Executive Officer, Nigerian Exchange Group Plc has highlighted various plans by the exchange group to revamp its technology infrastructure, attract listings, enhance retail investors participation and foreign capital inflows. Popoola stated this whilst addressing…

Guinness Plc Q2- 24 result shows standalone loss per share of N3.57

Guinness Nigeria Plc (GUINNESS) published its unaudited Q2-24 results this afternoon, showing a standalone loss per share of NGN3.57 (vs EPS of NGN0.58 in Q2-23) translating to a loss per share of NGN2.39 in H1-24 (H1-23 EPS: NGN1.84). The negative…

Our average annual tax, royalty remittances in 3 years had reached $3.4bn—Chevron

Leading oil and gas multinational, Chevron Corporation has informed President Bola Tinubu that Chevron’s average annual tax and royalty remittances over the past three years had reached $3.4 billion. Speaking during a courtesy visit to the Presidential Villa, Abuja recently,…