Business Hilights

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Business Hilights

Ogun joins Anambra, C’Rivers, Ebonyi to flood market with rice soon

Chances of Nigeria achieving food sufficiency in rice may be earlier than expected following the quantum of investments embarked upon both by state governments and private investors in the last one year. Some of the states that have announced the…

Int’l Court frees Ghana, blames Cote d’Ivoire on maritime border dispute

After six years of maritime boundary dispute between Ghana and its western neighbour, Cote d’Ivoire, filed at the International Tribunal for the Law of the Seas (ITLOS), the court has ruled that Cote d’Ivoire did not provide any evidence that…

Truckers defy LASG order to stay out of Lagos as gridlocks worsen

Barely three days after the Lagos State government has ordered articulated vehicles out of highways, there seems to be no end in sight, Business Hilights can authoritatively report. Being disturbed by intractable traffic bottlenecks that have taken over Apapa and…

Nations working to snatch TB Joshua from Nigeria, says Liberian best farmer

Testimony galores have started emerging for agro investors across the world who keyed into the prophesy of TB Joshua few years ago. Prophet TB Joshua is the founder and leader of the Synagogue Church of All Nations (SCOAN), operators of…

Anxiety as US reject FG’s tag of terrorism on IPOB, silent on Biafra

Less than one week after the federal government went to an Abuja High Court to secure a ruling based on exparte order, proscribing and tagging the activities of Indigenous People of Biafra (IPOB), a terrorist organization, the United States (US)…

Just now: Olamide fires up FESTAC Town today @ Live Glo Music Tour

Unprecedented crowd build up is emerging at Festac Town’s Golden Tulip Hotel, Lagos as King of the Streets and Glo brand ambassador, Olamide Adedeji, a.k.a. Baddosneh, has promised his fans an unforgettable fun experience as he headlines the Glo Mega…

Why CBN maintains sealed lips on 4 banks below minimum liquidity ratio

To avoid panic withdrawals capable of leading to confusion that will frustrate the recovery speed of the four banks, the Central bank of Nigeria (CBN), has kept the names of the four commercial banks operating below the minimum requirements in…

Issues MPC meeting may crack during next week’s meeting

Apart from a heated debate expected on whether to lower or still retain rates, the recent comment by a member of the Monetary Policy Committee (MPC), Dr. Doyin Salami, that the Central Bank of Nigeria (CBN) is acting like a…

Unity Bank currently 4th largest provider of single-interest loans

Banking giant, Unity Bank Plc., has been revealed as the fourth largest provider of single-digit interest loans (nine per cent maximum) to agribusiness under the Central Bank of Nigeria’s (CBN) Commercial Agriculture Credit Scheme (CACS). The bank’s CACS loan portfolio…

Smart CS Abuja
ICT

Minister hails Microsoft initiative, silent on diversion of $30bn data centre

At a time many Nigerian stakeholders in Information and Communications technology (ICT) are still disturbed on why technology giant, Microsoft summoned courage to dump plan it has publicized and moved its $30bn game changing data centre investment to South Africa,…