Business Hilights

Tracking Nigeria's Headline Business News Online

Banking/Investments

Independent Newspapers Awards names UBA ‘Bank of the Year’

Pan-African financial giant, United Bank for Africa (UBA) Plc added to its growing list of laurels at the Independent Newspaper Awards, winning the Bank of the Year. The bank was announced winner of the coveted awards at a glamorous event…

Heritage Bank’s YNSPYRE, CREAM Platform April draw produce millionaires

Heritage Bank has continually fulfilled its promises to support the Nigerian Creative Industry, as millionaires emerged from the YNSPYRE product in collaboration with the CREAM Platform. The YNSPYRE account holders who subscribed to the platform by dialing *745*463# on all…

New 10 Millionaires Emerge in UBA Savings Promo

Nigeria headquartered African financial institution, United Bank for Africa (UBA) Plc, has rewarded 10 of its loyal customers with a total sum of  N10m in the quarterly draws of the ongoing UBA Savings Promo. This promo, which is held every…

NGX supports Capacity Building for Trainee Clerks across Asset Classes

Nigerian Exchange (NGX) Limited has kicked off its first Automated Trading System (ATS) Certificate Training for stockbrokers in 2021 with a focus on capacity building beyond equities. This makes the second cohort under this new remote framework since 2020, consisting…

REDTV’s TMC Named ‘Web Series of the Year 2020’

The Men’s Club (TMC), Africa’s highly anticipated online series powered by the United Bank for Africa’s Lifestyle and Entertainment channel, REDTV, has emerged the winner of Gage’s Awards’ Web Series of the Year 2020. Following a thorough audit by the…

Heritage Bank backs creative industry, supports “Rita Dominic Acting Challenge”

Leading financial giant, Heritage Bank Plc has further reiterated its commitment to the growth and development of the creative and entertainment sector by supporting the “Rita Dominic Acting Challenge.” Heritage Bank in collaboration with a foremost Nigerian Actress and Co-Founder…

NGX Limited Remains Preferred Listing Destination for Companies

Emzor Pharmaceuticals Lists Debut Offering Nigerian Exchange (NGX) Limited continues to be the preferred listing destination for companies seeking to raise capital via corporate bonds, including private companies looking to raise public capital. One of such private companies taking advantage…

Nigeria ranks 8 on cryptocurrency global average annual online searches

Latest report at Invezz.com has shown that upon the official rejection by the Federal Government, Nigeria is ranked 8th amongst countries that search most on cryptocurrency. With the value of the Dogecoin cryptocurrency increasing by 88% last week, there has been…

Growth in non-core income items soars UBA’s performance in Q1

The United Bank for Africa’s (UBA) released unaudited Q1-2021 report late Monday, though showed that the bank recorded a strong performance during the period, deeper review showed that the performance was supported by growth in non-core income items as growth…

Ghana beats Nigeria again, receives $2.7b FDI in 2020

More salutary facts on why US digital giant, Twitter chose Ghana ahead of Nigeria as its African regional headquarters are still emerging. Just as global foreign direct investment (FDI) collapsed in 2020, falling 42% from $1.5 trillion in 2019 to…