Business Hilights

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Business Hilights

ICT

THE COMMUNIQUE DRAWN AT THE END OF AFRICAST 2016 HELD AT LADI KWALI HALL, ABUJA SHERATON HOTELS FROM 18TH -20TH OCTOBER, 2016

Preamble: The 11th Biennial Conference of African Broadcasters (AFRICAST) with the theme: Digital Terrestrial Broadcasting: Financing Quality Content, held from 18th – 20th October, 2016 at Ladi Kwali Hall, Sheraton Hotel and Towers Abuja, the venue since inception in 1996….

Dangote didn’t retrench due to recession—-Chiejina

Contrary to earlier speculations that Dangote group sacked 48 staff due to the heat of recession, Head of Corporate Affairs of the Group, Mr. Tony Chiejina, has explained that the exercise was as a result of job overlap. He said…

Fidelity Bank launches ‘Get Alert in Millions Savings Promo’

Fidelity Bank Plc has unveiled its sixth promo tagged ‘Get Alert in Million Savings Promo” as part of its promise in helping to enrich its customers with the culture of savings. The campaign is also designed to continue to keep…

Sterling Bank lends support to 2016 Lagos Fashion Design Week

As part on renewed moves at empowering Small, Medium Enterprises (SMEs), sector in the country Sterling Bank Plc has thrown its weight behind the 2016 Lagos Fashion Design Week (LFDW). The event will hold from October 26 through 29 2016…

Create coastal trade to ease recession, OBJ tells FG

Key investor in maritime and former President Olusegun Obasanjo has called on the Federal Government to give establishing a viable coastal trade links with other Africa a second thought, noting that the window can serve as a remedy to the…

NSE welcomes the initiatives Plc to ASEM

Efforts by The Nigerian Stock Exchange (NSE or The Exchange) to encourage indigenous firms to list their shares on its market has been bolstered with the listing 889,981,552 ordinary shares of The Initiatives Plc ( TIP) of 50 kobo each….

Adebayo Shittu
ICT

Nigeria safe for genuine investors—–Minister

The Minister of Communications, Barrister Abdur-Raheem  Adebayo Shittu yesterday, in Abuja explained the present administration’s resolve to make Nigeria’s business environment safe and conducive for genuine investors. He said the country currently hosts the highest volume of foreign and indigenous…

ICT

BlackBerry unveils DTEK60, latest Android Device with security software

BlackBerry Limited, a global software leader in securing, connecting and mobilizing enterprises, today announced the latest in its series of most secure Android smartphones, DTEK60. As part of BlackBerry’s transition towards a device software licensing strategy – which allows it…

Zenith Bank sustains lead, records N380b gross earnings in Q3

More indications have emerged showing that current hard times facing every institution in the country may have been contained by leading banking institution, the Zenith Bank Plc considering its latest results showing a posted N380 Billion gross earnings for Third…

Banking/Investments

FCMB gives insights on delayed filling of Q3 accounts

The First City Monument Bank (FCMB) Group Plc is to release its nine months ended 30 September 2016 (3Q16) accounts before the end of November, this year. Notifying the Nigerian Stock Exchange (NSE), the Bank explained that “FCMB Group Plc…