Business Hilights

Tracking Nigeria's Headline Business News Online

Banking/Investments

NIMASA, Coastal States Partner to Develop Nigerian Blue Economy

The coming of the Nigeria Maritime University was instrumental in bringing about peace and reconciliation in the Niger Delta following a period of fierce agitation for economic justice in the region. Delta State Governor, Dr. Ifeanyi Okowa, stated this in…

Transcorp Hotels unveils Aura, an Online Marketplace customer experiences

Nigeria’s largest hospitality brand launches a new platform for booking vacation homes, holiday lets, and experiences. Aura is a new platform that connects people to great accommodation, great food, and memorable experiences in different cities across Africa Aura to partner…

Fulani herdsmen attack may frustrate repayment of CBN’s ABP loans

Strong indications have started to emerge suggesting that many of the rural farmers who accessed the Central Bank of Nigeria (CBN) Anchor Borrowers’ Programme (ABP) of the bank have started finding it difficult to pay back considering push-backs by herders’…

e-Commerce: Call to rescue SMEs’ data genocide

By Dr. B. B. Usman Many billions of data sets are entangled and suffocated in SMEs’ business value chain. This scenario is creating enormous problem to leveraging e-Commerce for economic development, provision of jobs and creation of wealth. Post COVID-19…

2020, a challenging year for all, but…—MTN Nigeria boss

The Chief Executive of MTN Nigeria, Ferdi Moolman has described the just ended year 2020 as challenging year for all. Commenting on the just released results of the company, he averred that “The unprecedented disruption that the COVID-19 pandemic caused…

Access Bank flags of Accelerator scheme for start-ups via AFF

The Africa FinTech Foundry (AFF), an initiative of Access Bank Plc has commenced its accelerator programs The initiative is set to empower emerging startups, with mentorship programs, advisory and has committed N10 million in cash to the top three finalists….

Review ban on SIM replacement, DEMS Volunteers tell Minister

…Says policy crippling SMEs The Digital Economy Media Support Volunteers (DEMS Volunteers), a non-governmental group of media practitioners, has urged the Honourable Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim (Pantami), FNCS, FBCS, FIIM, MCPN, to review the…

Zinox, TD Africa exonerated as Court rules on N170m FIRS deal

An Abuja High Court has vindicated the long-held position of Zinox Technologies Ltd., and TD Africa, two of Nigeria’s leading technology giants, that its Chairman, Leo Stan Ekeh and its staff, Company Secretary, Barr. Chris Eze Ozims and two others,…

Fidelity Bank succeeds in N41.21bn bond issuance

Fidelity Bank Plc has disclosed that it has successfully issued 10-year N41.21bn in fixed rate unsecured subordinated bond at a 8.5 per cent coupon rate due in 2031. It disclosed this in a statement titled ‘Fidelity Bank Plc successfully issued…

Investors drag FG to court over Unclaimed Dividends

Smart shareholders of companies listed on the Nigerian Stock Exchange (NSE), under the aegis of Palm Wealth Shareholders Association (PWSA), have instituted a case against the government at Federal High Court of Nigeria, Abeokuta Division, Ogun State. The Finance Act…