Business Hilights

Tracking Nigeria's Headline Business News Online

Industry

NGX, BOI Collaborate to Deepen Capital Market in Nigeria for Inclusive Growth

Nigerian Exchange Limited (NGX) and Bank of Industry (BOI) have signed a Memorandum of Understanding (MoU) to deepen capital market reach, build the capacity of stakeholders through financial literacy programs, facilitate market advocacy initiatives and promote listings. The announcement was…

EIB Investment Survey sees Climate risks, energy costs hitting firms across Europe

Firms in the European Union are facing many hurdles that may shift their focus in investing in the green transition. The pandemic is high on this list, followed by the new shock linked to the war in Ukraine. 58% of…

Imo Wealth Project to commence June 29—Foundation

The Leo Stan Ekeh Foundation (LSEF) has announced a change of date for the commencement of the training programme for the Imo Wealth Project, a job creation and empowerment initiative. The programme, previously scheduled to commence on June 28, will…

Leo Stan Ekeh Foundation to provide 10,000 jobs in Imo State

The Leo Stan Ekeh Foundation (LSEF), a futuristic Non-Governmental Organization (NGO) which focuses on promotion of 21st century knowledge through quality education, practical entrepreneurship, healthy living and enhanced lifestyle, is set to flag off a project to create over 10,000…

Marriott International Hotel chain landing on Ikot Ekpene sooner

The famous international hotel chain may be coming to Ikot Ekpene soon. Possibly taking over Four Points by Sheraton hotel facility, an 18 storey facility abandoned by the owner, Akwa Ibom state government for almost eight years. Marriott hotel group…

NGX All-Share Index snaps losing streak, up 0.66%

Snapping five consecutive sessions of losses, the domestic bourse posted a 0.66% rebound to close at 51,091.75 points. Recovery in DANGCEM (+8.30%) as well as buying interest in UBN (-4.63%), OANDO (+5.09%) and SEPLAT (+0.04%) drove the market’s strong recovery….

Soludo relocates Onitsha head bridge drug market to Oba

By Vincent Ujumadu ANAMBRA State governor, Professor Chukwuma Soludo has finally taken the bold step that would see the popular drug market from head bridge, Onitsha to Oba in Idemili South local government area. There had been several attempts by…

(Special Report) Nigeria’s land Surface Area and Global Cattle Business

Niger State 76,363KM² Borno State 70,898KM² Taraba State 54,473KM² Kaduna State 46,053KM² Bauchi State 45,837KM² Yobe State 45,502KM² Zamfara State 39,762KM² Adamawa State 36,917KM² Kwara State 36,825KM² Kebbi State 36,800KM² Benue State 34,059KM² Plateau State 30,913KM² Kogi State 29,833KM² Oyo…

NGX, CIS, NGCL to Host Stakeholders to Drive ETDs Market

Nigerian Exchange Limited (NGX), in collaboration with the Chartered Institute of Stockbrokers (CIS) and NG Clearing (NGCL) is set to host a webinar to deepen the knowledge of the investing public on the recently launched NGX Derivatives Market. The webinar,…

Like Cement, Dangote Sugar Refinery commits to Sugar Backward integration

Dangote Sugar Refinery Plc has restated its commitment to the achievement of Sugar Backward integration projects, describing it as the best thing that happened to the sector. Recall that Dangote Cement played a huge role in the achievement of backward…