NSE introduces comic books to pull traction to market investment
The proliferation of dubious investment schemes that often result in loss of money by unsuspecting members of the public continues to make the role of financial literacy imperative. To play its part, Nigeria’s leading bourse, the Nigerian Stock Exchange (NSE)…
Editorial: When did CBN, Bankers’ Committee develop asset investment arm?
The weekend’s colourful handover of the massive National Theatre, Iganmu, Lagos built in 1976 for hosting of FESTAC ’77 under Gen. Olusegun Obasanjo, has continued to generate reactions from investment experts. Weekend and Sunday, July 12, 2020 to be precise,…
Ecobank introduces seamless cardless ATM services nationwide
Pan African bank, Ecobank Nigeria has introduced cardless Automated Teller Machine (ATM) services across its branches nationwide with seamless and well secured usage by customers. Checks by Business Hilights Intelligence Unit (BHIU), an independent business research department within Business Hilights…
Agent banking, banks’ digital payment platforms gain traction amidst Covid-19
In the last few months of lockdown and gradual ease by both the Federal Government and states governments, there had been serious drop in banking hall transaction with geometric jump in digital transactions driven by agent banking and banks’ digital…
Access Bank closes in on Zambian bank months after acquiring Kenyan bank
Cruising to becoming leading lender across Africa, Nigeria’s top tier-1 financial giant, Access Bank Plc has commenced an exclusive discussion towards full acquisition of Cavmont Bank Limited, a Zambia-based financial institution. Access Bank is seeking to consummate the acquisition through…
Post COVID-19: Africa’s growth stands to rebound to 3% in 2021—AfDB
Governments and development partners must respond in a more coordinated, targeted, and rapid manner to be effective in limiting impact; An additional 49 million Africans could be pushed into extreme poverty by the pandemic and its aftermath; West and Central…
Alawuba, Laidi appointed DMDs at United Bank for Africa Plc
Leading Africa’s global bank, United Bank for Africa Plc (UBA), has announced the appointments of Ayo Liadi and Oliver Alawuba as Deputy Managing Directors in charge of its Nigeria and Africa businesses, respectively. Business Hilights gathered on Tuesday that the…
NSE upgrades X-Issuer to maintain market integrity
The Nigerian Stock Exchange (NSE) is pleased to announce the upgrade of its Issuers’ Portal (X-Issuer) on Monday, 06 July 2020. X-Issuer which was first launched in 2013, is a secure web-based portal designed to enable Issuers conveniently file information…
CACovid donates N1.4bn medics, additional 26,400 test kits to boost testing in Nigeria
The private sector-led Coalition against COVID-19 (CACOVID) has donated N1.4 billion worth of medical supplies and additional 26,400 test kits sufficient to set up six fully functional COVID-19 medical laboratories in the fight against the pandemic. Presenting the test kits…
Fidelity Bank Announces Changes to its Board
…Appoints Chike-Obi Chairman, as Ebi Retires. Lagos Nigeria, July 5, 2020: Fidelity Bank Plc has announced that two of its Board members: Mr. Ernest Ebi (MFR) who has been serving as Chairman, Board of Directors and Mr. Seni Adetu who…
