Business Hilights

Tracking Nigeria's Headline Business News Online

Banking/Investments

NGX All-Share Index opens weak, down 0.14%

Opening this week on Monday, March 28, 2022, Nigerian equities closed the trading session weaker as the All-Share index lost 0.14% to close at 46,898.23 points – the lowest point since 31 January 2022. Losses in banking names, FCMB (-6.89%),…

Fidelity Bank presents N10m to Winners of GAIM 5 Monthly Draw

Rewards 150 customers with N55.4m in savings loyalty scheme Ten customers of Fidelity Bank Plc have smiled home with N1million each having emerged winners in the fourth monthly draw of the Fidelity Bank Get Alerts in Millions season 5 promo…

Can Amazon survive e-Commerce challenges in Africa?

By Tarila Ben-White (Ph.D.) Feelers indicate that Amazon may now be ready to explore what the continent has to offer on the e-commerce front but the nous and experience of indigenous giants such as Konga will come in handy if…

NGX Committed to Good Corporate Governance in Nigeria – Awe

The Corporate Governance Triangle is indeed a laudable initiative that marks another milestone in the extensive efforts amongst key stakeholders to enhance corporate governance and compliance best practice across industries in Nigeria. The Chief Executive Officer of NGX Regulation Limited,…

We remain equipped to sustain market dominance – NGX Group

Nigerian Exchange Group Plc (NGX Group) says it has well-defined strategies and is equipped to sustain market dominance. The Group Chief Executive, Oscar N. Onyema, OON, made this known during the Group’s Full Year (FY) 2021 Investor and Analyst Presentation…

NGX All-Share Index slips by 0.43%

Thursday, March 24, 2022, the Lagos bourse reversed gains from the previous trading session as the All-Share index lost 0.43% – the largest single day loss since 27 January 2022 – to close at 46,961.62 points – the lowest point…

Fintechs, Merchants hail Fidelity Bank for PayGatePlus Solution

Nigerian banking giant, Fidelity Bank Plc, has continued to receive commendations for simplifying digital payments and customer satisfaction following the recent launch of PayGatePlus. Business Hilights reports that the platform is a one-stop solution for payments that caters essentially for…

NGX All-Share Index continues downward trend, loses 0.20%

For the fourth consecutive session, the Lagos bourse maintained the downward trend as the All-Share index closed 0.20% weaker to close at 47,156.56 points, the lowest level since 8 March 2022. Selloffs in index heavyweight, NESTLE (-2.79%) drove the market…

No Nigerian bank can match Access Bank in next 2 years—Analyst

Since last week’s release of Access Bank results, many industry pundits have continued to review the statistics churned out by the bank. The Chief Executive Officer, APT Securities & Funds Limited, Mallam Garba Kurfi has averred that Access Bank has…

Fidelity Bank, OnePipe partner to empower businesses with Payment Solution

In a bid to deepen positive customer experience and create new opportunities for businesses to grow revenue, Fidelity Bank, in collaboration with OnePipe, launched payment gateway PayGatePlus on Wednesday, March 16, 2022, at the Eko Hotel & Suites in Lagos….