(Special Report) EFCC’s seized Alamiesigha’s Chelsea Hotel rotting away in Abuja
A new report released Thursday in Abuja, by Business Hilights Intelligence Unit (BHIU), an independent business research arm of Business Hilights Media Group, has revealed colossal loss on the side of the Federal Government for not running seized Chelsea Hotel…
CBN’s acclaimed NIRSAL Microfinance Bank yet to be seen in many NIPOST
Contrary to the claims of the Central Bank of Nigeria’s Governor, Godwin Emefiele that NIRSAL Microfinance Bank it created in 2019, are now operational in NIPOST outlets nationwide, checks in parts of the country showed otherwise, rather abandoned and lifeless…
Manual cargo examination by Customs worst drawback in a 21st century economy
In as much as issues of port inefficiency are still linked to matters of poor port access roads, overtime goods and lack of multi-modal transportation, the issue of manual cargo examination by the Nigeria Customs Service (NCS), remains the worst…
‘Freight rate: FG to save $30.87 per MT of petroleum products from Dangote Refinery’
Considering the Lagos location of upcoming Dangote Refinery, Business Hilights Intelligent Unit (BHIU), an independent business research arm of Business Hilights Media Group, publishers of Business Hilights Online and Markets Business Hilights Newspapers, has revealed that the from the onset…
2020 Cordros outlook for commercial banks depicts uncertainty, fears
Whereas facts and figures in the nation’s banking sector growth in 2019 remained resilient through tumultuous periods, 2020 will usher in fresh phase, wherein industry players are legislated to transact in the more traditional business of banking. Otherwise, activities in…
Shift from cash to cashless banking fired up cybercrime worldwide—Nkrumah
Clear explanation has emerged on the skyrocketing jump in the activities of cyber fraudsters, who now use advanced technologies to try and hack into the database of institutions in order to steal funds. This analogy was given by Ghanaian Head…
AfDB approves $5m grant to scale up TEFEP in Africa
The Board of Directors of the African Development Bank (AfDB) has approved a grant of $5 million to enable the Tony Elumelu Foundation Entrepreneurship Programme (TEFEP) to scale up its outreach and impact to 1,000 select youth entrepreneurs in the…
Dangote, others leveraging on TCS to reconstruct 19 federal highways—Minister
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, in Lagos on Sunday disclosed that 19 major federal highways are currently under reconstruction by some private sector investors who are leveraging on the federal government’s called Tax Credit…
2023 end of fuel imports; not political but a realistic deadline—NNPC
…But analysts differ, seek deadline not close to election year In the history of Nigerian government’s deadline setting, history has shown that any project deadline set for an election year rather than a year within the official period of the…
Fidelity Bank’s ‘Get alert in millions savings promo’ crowns latest millionaires
Leading retail banking giant, Fidelity Bank Plc last week Thursday gave a total of N19m as cash prizes to 13 winners across the country in its ‘Get alert in millions savings promo.’ At the draw held in Abuja, the bank…
