Business Hilights

Tracking Nigeria's Headline Business News Online

Banking/Investments

Heritage Bank to stimulate economic growth with youth empowerment schemes

As part of its further response to deal with the global economic challenge occasioned by COVID-19, Heritage Bank Plc has reiterated commitment to deepen its support to young entrepreneurs in Nigeria to grow their businesses either as start-ups or prospective…

NEC 10th Edition: UBA Foundation Calls for Entries, Introduces Digital Submission Portal for Students

…Increases prize money by over 33% UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has today commenced the 2020 edition of its annual National Essay Competition in Nigeria with a call for entries….

Heritage Bank’s Academy, CBN, 25 others bag CIBN’s Accreditation

The Chartered Institute of Bankers of Nigeria (CIBN) yesterday official presented Certificates of Accreditation to Heritage Bank Plc Academy known as “The Refinery” and the Central Bank of Nigeria (CBN) Learning Centre. The Institute via a Zoom virtual platform also…

Fintech Africa Brands Awards debuts

The leading financial technology and brands marketing publication in Africa, Africa Brands Magazine, has concluded plans to hosts the continent biggest Fintech Brands Awards in Lagos Nigeria in August, 28, 2020. The most innovative Fintech Brands Africa Awards is a…

Konga raises game, offers shoppers free 32’’ Samsung TVs

Nigeria’s e-Commerce giant, Konga has rolled out a massive nationwide discount offering on a variety of Samsung Consumer Electronics products, including televisions, washing machines and refrigerators; with shoppers also enjoying the opportunity of grabbing a free 32-inch TV when they…

StandChart, Airtel Africa partner to drive financial inclusion in Africa

Standard Chartered Bank and Airtel Africa Thursday announced a strategic collaboration to drive financial inclusion across key markets in Africa by providing customers with increased access to mobile financial services. Through the collaboration, Standard Chartered and Airtel Africa will work…

NITDA launched tech-initiatives for business continuity during COVID-19—DG

The Director General/CEO, National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, has given insights on the activities on his agency as COVID-19 global pandemic hits several economies including that of Nigeria. In a recent interview, he revealed that “NITDA…

Heritage Bank, CBN deepen investment outcomes, job creation

Heritage bank Plc in collaboration with the Central Bank of Nigeria (CBN), under the Nigerian Incentive-Based Risk Sharing in Agricultural Lending (NIRSAL) has continued to drive improved investment outcomes and job creation. Through this partnership, Heritage Bank is not relenting…

United Bank for Africa Provides $200 Million for Nigeria’s Petroleum

…Acts as Facility Agent Bank for Nigerian Commercial Banks in the $1.5 Billion Facility to Boost Nigerian Oil Production and Government Revenue The United Bank for Africa Plc (UBA), the leading pan-African financial services group, has acted as Facility Agent…

NSE Commemorates Seplat Plc 10-Year Anniversary, Welcomes Incoming CEO

Seplat Petroleum Development Company Plc (Seplat Plc) has achieved significant milestones in the 10 years of its existence including the landmark dual listing of the company on both the Nigerian and London Stock Exchanges. This was highlighted during the virtual…