Business Hilights

Tracking Nigeria's Headline Business News Online

Banking/Investments

CIBN hails Heritage Bank’s academy as freshers begin training

Heritage Bank Plc has received the prestigious accolades from the Chartered Institute of Bankers of Nigeria (CIBN) for its establishment of a full-fledged learning and development institute. Already, the Heritage Bank Academy has flagged off the training of new 300…

Interswitch’s boss, Elegbe wins African Banker icon Awards, as BoI lead inclusion

Winners of the 2019 edition of the African Banker Awards emerged Wednesday at a prestigious Gala Dinner in Malabo, Equatorial Guinea. The Awards took place in Malabo, Equatorial Guinea, on the sidelines of the African Development Bank Annual Meetings which…

Early retirement planning best for building long-term future—Fidelity Pension

Leading innovative Pension Fund Administrator (PFA) in Nigeria, Fidelity Pension Managers Limited, has argued that one of the best options for building a long-term future is adopting early retirement plan. Giving insights at a Customers’ Interactive Forum, organized by the…

Fidelity to rebuild main gate for BBA, deepen traders’ soft loans, security

Leading retail banking giant, Fidelity Bank Plc has stepped up its prevailing partnership with one of the largest Lagos trading group, the Balogun Business Association (BBA), Lagos International Trade Fair Complex. Speaking at a recent interface meeting with the BBA,…

Expect less as debt servicing chops off 50% of Nigeria’s yearly revenue — AfDB

Latest West Africa Economic Outlook 2019, published by the African Development Bank (AfDB), has put up a strong indication revealing that every effort by the Federal Government to improve infrastructural development is cut by half yearly by debt servicing. According…

Nurture the victorious Nigerian students who won laurels at GICT contest—Expert

Technology expert and software wizkid, Mr. Emeka Ifedi, has called on the Federal Government to collaborate with industry entrepreneurs in nurturing the victorious team of Nigerian students that clinched the third place at the finals of the Global Information and…

120 days on, NNPC keeps Nigerians incommunicado on Gongola Basin oil search

After assuring stakeholders of making public, the result of the hydrocarbon exploration after 60 days search, for more than 120 days after, the Nigerian National Petroleum Corporation (NNPC) is yet to inform Nigerians whether there is progress or not on…

CBN mulls unconventional policies to insulate economy from global shocks—Gov

Making his first outing away from Abuja since his swearing in for second term in Lagos, the Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has hinted of plans in his second term to deploy what he described…

Ecobank excites London S’Exchange over successful $500m Eurobond issuance

Following its successful $500 million Eurobond issuance, Ecobank Transnational Incorporated (‘ETI’), the Lomé-based parent company of the Ecobank Group, was hosted by the London Stock Exchange to a market opening ceremony to celebrate the successful listing of the Eurobond on…

Presidential meeting with power firms means Fashola failed the sector—Analysts

Commentators on development matters have started analysing the meaning of recent emergency meeting between President Muhammadu Buhari and electricity distribution companies, saying it shows that former Governor of Lagos State, who recently left his cabinet as Minister of Power, Works…