Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

Seafarers Welfare Key to marine Economy Success—NIMASA DG

The Nigerian Maritime Administration and Safety Agency (NIMASA) hosted an enlightenment workshop for seafarers, employers of seafarers and other maritime stakeholders in Lagos on Seafarers’ Medical Certification and other related issues concerning the health of Nigerian Seafarers. Speaking at the…

ICT

Just in: MTN Acquires 2.6GHz Spectrum to deepen Broadband in Nigeria

The lead regulatory agency on telecoms, the Nigerian Communications Commission (NCC) has approved the transfer of a 10MHz spectrum in the 2.6GHz spectrum band from OPENSKYS Services Limited (OS) to MTN Nigeria.  According to a statement from MTN, the licence…

Zenith Bank maintains triple-digit in topline, bottom-line H1’23 result

Nigeria’s leading new generation financial group, Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2023, recording an astounding triple-digit growth of 139% in gross earnings from N404.8 billion reported in H1 2022 to N967.3…

6 multinational manufacturing giants coming with Okonjo-Iweala in Dec

The CEO of World Trade Organisation (WTO) and former Minister of Finance and coordinating economy, Dr. Ngozi Okonjo-Iweala has revealed that despite all odds, plans have been concluded to arrive Nigeria in December this year with no less than six…

Happening now: UK High Commission in Nigeria opens visa centre in Enugu

The United Kingdom High Commission has officially unveiled its Visa processing centre in Enugu, the capital of South East Nigeria. In essence, the zone can be said to be the last to open considering the fact that regional capital cities…

Just in: Zenith Bank hits 161.7% y/y jump in EPS to NGN9.29 (H1-22: NGN3.55)

Tier 1 financial powerhouse, Zenith Bank Plc (ZENITHBANK) published its H1-23 interim financial results this morning (Sept.11, 2023), recording a 161.7% y/y expansion in EPS to NGN9.29 (H1-22: NGN3.55). The significant growth in the bank’s earnings was supported by the…

Just in: Tinubu to perform historic US NASDAQ Bell Ringing Sept 20

The United States Chamber of Commerce has concluded arrangements that will see President Bola Tinubu perform the historic NASDAQ Bell Ringing on Wednesday, September 20, 2023 at 3:45pm Eastern Standard Time / 20:45 West Africa Standard Time. According to a…

Just in: Aliko Dangote fetes African Young Global Leaders

Recall that at the World Economic Forum Annual Meeting 2011 in Davos, Switzerland, Aliko Dangote, President, and Chief Executive Officer of the Dangote Group, learned about the Forum of Young Global Leaders (YGLs) and the tremendous potential of this unique…

ICT

Glo wins consumer awards, assures greater excellence

The second edition of the annual Consumer Value Awards, was held on Thursday in Lagos where Globacom won in two significant categories for the company’s enormous contributions to the growth of the country’s telecoms industry. Globacom, which just celebrated its…

Commonwealth engages coupist, Ousted Nguema for peace process in Gabon

The Commonwealth Secretary-General, the Rt Hon Patricia Scotland KC, has been engaging with stakeholders in Gabon to understand their assessment of the current political situation in the country. The Secretary-General, on a three-day fact-finding mission, met with General Brice Clotaire…