Business Hilights

Tracking Nigeria's Headline Business News Online

Banking/Investments

Fidelity Bank Shareholders hail institution on strong 2022 performance

Shareholders of leading retail banking giant, Fidelity Bank Plc have applauded the board and management for delivering an exceptional performance in FY 2022. At the bank’s 35th Annual General Meeting (AGM) held virtually recently in Lagos, the Chairman Emeritus of…

Just in: CBN’s MPC raises MPR by 50bps to 18.5%, retains other indices

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at its third meeting of the year, voted to: Raise the MPR further by 50bps to 18.5%; Retain the asymmetric corridor of +100/-700bps around the MPR; Retain the…

Wigwe Varsity to have 60% Local lecturers, 40% foreign—Core Investor

A new world class private university that will have 60 per cent Nigerian lecturers and 40 per cent foreign teachers is coming up in Rivers State. The core investor, Chairman and Chief Executive Officer of Access Bank Holdings, Dr. Herbert…

Customs new Abuja headquarters to drive productivity—Ali

The outgoing Comptroller General of Nigerian Customs Service (NCS), Hameed Ali has said that the newly inaugurated Customs Headquarters building complex would serve as a boost to the men and officers of the service to put in their best in…

France assures fostering economic, investment ties with Nigeria

As part of drive to promote trade between France and Nigeria, the French Government has said it will continue fostering economic and investment ties with Nigeria. This is even as it revealed that it is looking forward to working with…

Tripple G, 3 others to print Cheques in Nigeria

The Central Bank of Nigeria (CBN) has approved four local firms for printing cheques excluding Nigeria Security Printing and Minting Company PLC. This was contained in a circular issued by the apex bank and signed by Sam Okojere, the Director…

Investing in innovation as important as investing in people—Wigwe

A trending tweet by the CEO of Access Holding Plc., Herbert Wigwe has averred that “Investing in innovations is just as important as investing in people,” adding that “That’s why”. @FintechFoundry According to him, “its an important part of the…

Tribute to Founder of FCMB, Chief MS Balogun, by Gov. Obaseki

I celebrate the extremely accomplished life of the private and public sector colossus, Chief Michael Olasubomi Balogun, the Founder of First City Monument Bank (FCMB) and icon of the African banking and finance industry. Chief Balogun was a dexterous banker,…

Access Holdco CEO, Wigwe Begins Law Degree, says age, others not barrier

In a terse tweet today, Friday, May 19, 2023, the CEO of Access Holding Plc, Mr. Herbert Wigwe has advised African youths to always pursue their life ambition no matter the time of actualizing it. He said “To the African…

Just in: As Ghana secures ‘thorny’ IMF’s $3bn Extended Credit Facility…

On 17 May, the IMF announced that its Executive Board approved the long-awaited USD3.00 billion 3-year Extended Credit Facility (ECF) for Ghana. Leading finance market analyst group, Cordros Capital says “We note that the approval comes after the Ghanaian government…