Business Hilights

Tracking Nigeria's Headline Business News Online

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Konga offers enticing discounts on Valentine gifts, others for shoppers

Konga, Nigeria’s leading composite e-commerce giant, has kicked off the Valentine season early for shoppers on its platform with massive discounts and exciting deals across a wide range of gift items and other product assortments, while also offering a chance…

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MTN Nigeria rakes in standalone PAT of NGN89.84bn in Q4-22

Leading telecoms services giant, MTN Nigeria Communications Plc (MTNN) published its Q4-22 audited results Tuesday, reporting a standalone PAT of NGN89.84 billion (Q4-21: NGN78.34 billion). Consequently, the EPS stood at NGN4.41 (+14.7% y/y), bringing the 2022FY EPS to NGN17.63 (+20.2%…

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Nigeria hosts first edition of Digital Economic Regional Confab

Nigeria has hosted the maiden edition of the Digital Economic Regional Conference (DERC). a convergence of all the ministers of digital economy in the sub-region. The conference is aimed at providing an opportunity for countries in the West Africa sub-region…

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Kate Ene David Becomes MTN Nigeria’s CEO for a Day

MTN Nigeria has announced Kate Ene as its CEO for a day following her emergence as the winner of the 2022 MTN mPulse Spelling Bee out of over 11,000 participants who registered for the competition. Kate, an inspiring 14-year-old student…

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Sophos Details First Fake Apps Found on Apple’s App Store Used by Cybercriminals for CryptoRom Schemes

Sophos, a global leader in innovating and delivering cybersecurity as a service, today released new findings on CryptoRom scams—elaborate financial fraud schemes that prey on and trick dating app users into making fake cryptocurrency investments—in its latest report, “Fraudulent Trading…

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Revealed: 5 reasons you won’t get a gift this Valentine’s

Roses are red Violets are blue I’ll buy a gift But it won’t be for you… It’s that time of the year when roses go round, and stores run out of chocolates and cards. But what’s more important is the…

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MTN Group CEO, Ralph Mupita, lauds NGX for access to financial securities

The Chief Executive Officer of MTN Group, Ralph Mupita, has lauded Nigerian Exchange Limited (NGX) for democratising access to financial securities, thereby empowering more Nigerians. He said this when in recognition of the importance of the partnership between MTN and…

NDPB: GT Bank, Zenith being investigated on unlawful 3rd party disclosures

Considering gross allegations of unlawful disclosure of banking records to a third party, unlawful access and processing of personal data, the Nigeria Data Protection Bureau (NDPB) has opened investigation on data breach by the concerned two banks. The banks are…

Digital banking and the hiccups within

By Sonny Aragba-Akpore Despite the beauty associated with the advent of digital banking ,the pitfalls are unbearable to victims. From about 1987,when banks introduced technology into their banking operations ,it was received with excitement by Nigerians who saw this as…

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10 Konga shoppers set for exclusive weekend mentorship with Ekeh, Zinox boss

The contest for places among customers of Konga, Nigeria’s leading composite e-commerce giant, for the all-expense paid Knowledge Weekend mentorship programme with the Chairman, Zinox Group, Leo Stan Ekeh is set to reach a climax this week, with only two…