Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

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ICT

Konga unveils Infinix Brand Week with Attractive Deals

Nigeria’s leading composite e-commerce group, Konga, is thrilled to announce the launch of amazing deals at its Infinix Brand Week. Infinix, a leading global smartphone brand known for its innovative products and cutting-edge technology promises exclusive discounts and special offers…

Fidelity Bank Posts 131.5% jump in PBT of ‘23FY

Fidelity Bank Plc, has released its 2023 full year Audited Financial Statements, reporting a 131.5% growth in Profit Before Tax to N 124,26 billion. According to the results issued to the Nigerian Exchange (NGX) recently, the bank grew Gross Earnings…

ICT

Just in: Nigeria Startup Portal now open for labeling

Launched by the Honourable Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, the Startup Support and Engagement Portal is part of the Nigeria Startup Act (NSA 2022), aimed at fostering the growth of startups and tech talent in…

ICT

More facts emerge on why E-commerce is thriving in South Africa

South Africa’s ecommerce sector is expected to exceed USD21 billion by 2025, with more than one billion transactions per year. This is largely due to the proliferation of smart devices and the expansion of internet connectivity which has created a…

Nigeria inflation jumps again to 33.20%

The National Bureau of Statistics (NBS) released its latest inflation figures earlier today, showing that Nigeria’s headline inflation increased by 150bps to 33.20% y/y in March (February: +31.70% y/y). A deeper dive into the data shows that food inflation rose…

NASENI, NIPSS in synergy to drive Digital Economy, Job Creation

The National Agency for Science and Engineering Infrastructure (NASENI) and the National Institute for Policy and Strategic Studies (NIPSS), Kuru, Plateau State are set to collaborate on enhancing Nigeria’s digital economy footprints, empowering and creating jobs for millions of youths….

NDYC Hails Minister Bello Matawalle as an Exemplary Leader

The Niger Delta Youth Congress (NDYC) extends its heartfelt commendation to His Excellency Bello Matawalle, the Minister of State for Defense, for his outstanding performance and dedication to duty within the administration of President Bola Ahmed Tinubu. Minister Matawalle has…

ICT

New CAMON Device to Redefine Mobile Content Creation

TECNO is gearing up to launch the next CAMON series device, which promises to be the next evolution in mobile photography. The CAMON lineup has always been known for its innovation in capturing and sharing cherished moments. Now, TECNO is…

How Zenith Bank ended 2023 on Tripple-digit topline, bottom-line growth

Zenith Bank Plc has announced its audited results for the year ended December 31, 2023, achieving a remarkable triple-digit growth of 125% in gross earnings from NGN945.6 billion reported in 2022 to NGN2.132 trillion in 2023. According to the audited…

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ICT

Rush for Starlink Satellite Internet kits continue as Konga slashes prices by 50%.

Konga’s latest addition to its family of technology products, Starlink Satellite Internet Kits, has been met with overwhelming customer demand. The company is Starlink’s only authorised Shop-In-Shop eCommerce partner in Nigeria and provides immediate warranties on all Starlink kits bought…