Business Hilights

Tracking Nigeria's Headline Business News Online

Industry

Broad Inflationary Pressures to Remain Firm in the Near Term—Cordors Research

The National Bureau of Statistics (NBS) recently released the January 2023 inflation report, showing that consumers’ prices rose by 47bps to 21.82% y/y (December: 21.34% y/y) – the highest level since September 2005 (24.32% y/y). We attribute the elevated price…

Shelter Afrique delegation meets Fashola ahead of AGM

A delegation of Shelter Afrique, led by the Board Chairman Dr. Chii Akporji and Managing Director & CEO Mr. Thierno-Habib Hann has carried out a five-day working tour of the Nigerian market where the team held talks with several stakeholders,…

Men of God cleanse ASPMDA, prophesy greatness at 23rd Anniversary

Yesterday, Tuesday, February 14, 2023, it was pump and pageantry in Africa’s largest auto trading centre, the Auto Spare Parts and Machinery Dealers Association (ASPMDA), Lagos International trade Fair complex, Badagry Expressway as the group adopted thanksgiving and praise galore…

NGX All-Share Index sustains bullish run, up 0.24%

On Tuesday, February, 14, 2023, love did not flow rather, Nigerian equities extended the bullish run as the benchmark index gained 0.24% to settle at 54,496.31 points. Gains in MTNN (+1.49%), WAPCO (+0.77%) and ACCESSCORP (+1.09%), were the main drivers…

Ghana Varsity hits gold, turns plastic waste to gas, AGO, PMS

The Institute of Applied Science and Technology, of the College of Basic and Applied Sciences, University of Ghana, has begun turning plastic wastes into three different kinds of fuel. It is producing petrol, diesel and gas from plastic waste. This…

NBCC boss rolls out strategic focus of the 2023

Leadership of the foremost bilateral Chamber in Nigeria with the objective to bridge the gap between Businesses in Nigeria and Belgium, the Nigerian-Belgian Chamber of Commerce (NBCC) has marshaled out the chamber’s strategic focus for 2023. In an exclusive interview…

ARB 2023: Business interruption to double tourism industry risks

Business interruption is the biggest concern for companies in the hospitality, leisure, and tourism industry, according to the Allianz Risk Barometer (ARB) 2023. Despite positive moves to diversify business models and supply chains since the pandemic, businesses continue to experience…

My Administration will digitize ASPMDA, stamp out fake products—Hon. Emechebe

The newly inaugurated President of Auto Spare Parts and Machinery Dealers Association (ASPMDA), Hon. Ngozi Emechebe (Nmiri Oma), in this Executive Media Chat with a set of Nigerian journalists lead by Business Hilights in his office, has assured to take…