Business Hilights

Tracking Nigeria's Headline Business News Online

Banking/Investments

NSE named ‘Most Innovative Stock Exchange in Africa 2016’

The Nigerian Stock Exchange (NSE or The Exchange) has emerged the Most Innovative Stock Exchange in Africa 2016. This award was presented to The Exchange by The Business Year Magazine on Monday, October 17, 2016 at the Stock Exchange House,…

Microfinance banks critical to family survival in recession—–Nwabunka

Chief Executive Officer of a non-governmental organization (NGO), Grooming Centre, Dr. Godwin Nwabunka, has said microfinance banks are critical in the survival of families during economic recession. In a press conference in Lagos highlight activities to mark its 10 years…

Expert reveals how to get home mortgage loan

Writing on an online platform, Financial Freedom Inspiration, Samantha Taylor, a community mentor of MortgageFit has explained steps to obtain housing loan in the country. He said ‘You can get loan from different banks, with different loan terms and conditions….

Coscharis Rice, others may end rice import next year –Ogbeh

Though average Nigerian is apparently confused on the back-and-front promises of the federal government in flooding local rise across the nation’s markets, there are nation-wide signals that the current foreign exchange pressure on the country would come to an end…

Ports inefficiency robs economy N1tn yearly—–Joint Report

Fresh report has revealed that the Nigerian economy is bleeding away revenue to the tune of N1tn yearly. The document jointly prepared by the Financial Derivatives Company Limited (FDCL) and the Lagos Chamber of Commerce and Industry (LCCI) showed that…

GTBank plans Fashion Weekend to drive entrepreneurships

Leading innovative banking group, Guaranty Trust Bank has stepped up plans to host a world class fashion Week in Lagos soon. According to the lender, the GTBank Fashion Weekend is a consumer focused fashion exhibition and capacity building event that…

Jonathan closed his eyes to graft as 55 bled N1.3Tn under him

New report by the Presidential Advisory Committee Against Corruption (PACAC) has indicted former President Goodluck Jonathan as the major cause of deepened corruption in public service. The report released weekend in Abuja said 55 people stole N1.3trillion from the national…

EU offering Africa trade deals, investments to halt Mediterranean suicides

The death toll coming from Africans’ suicidal journeys across the Mediterranean for greener pastures in Europe has gotten to the crescendo it has forced the European Union (EU) to start working on a model that will halt the trend as…

It took me 15 years to save $15m frozen by EFCC—- Patience Jonathan

Former first lady, retired Permanent Secretary in Bayelsa State Civil Service, Mrs. Patience Jonathan weekend said “it took her 15 years to save up the $15million dollars that has now been frozen by the Economic and Financial Crimes Commission (EFCC)”….

Don’t devalue naira further if it stables at N300/dollar—Sanusi warns

His Royal Highness, the Emir of Kano and former governor of the Central Bank of Nigeria (CBN), Muhammad Sanusi II, has warned the monetary and fiscal policy makers not to devalue the naira any further should it stabilize at N300…