Business Hilights

Tracking Nigeria's Headline Business News Online

SMEs

Heritage Bank, FAMO assist 300 private school teachers, SMEs

As part of efforts to cushion the effects of the COVID-19 on the education sector, Heritage Bank Plc in partnership with Honourable Fatima Mohammed (FAMO) foundation has provided succor to over 300 affected private school teachers and small medium enterprises…

Create favourable tax policies for SMEs—Elumelu tells FG

Leading Africapitalism crusader and chairman of United Bank for Africa (UBA), Tony Elumelu has called on the Federal and State government to create favourable tax policies and regime for Small and Medium Enterprises (SMEs) so that startups can grow to…

Just in: TEF gives outgoing CEO, Ms Parminder Vir Nigerian name, ‘Amaka’

The outgoing Chief Executive Officer of Tony Elumelu Foundation (TEF), Ms Parminder Vir (OBE), today was officially given a Nigerian name of Igbo background, ‘Amaka’ (which means ‘is good’) shortly after her opening goodwill message at the occasion of the…

Kenyan President, Kenyatta hails Elumelu’s TEF for committing $100m on youths’ dev

Just as his entrepreneurial mentorship tour of East African region rounds up in Kenya, the Kenya’s President, Uhuru Kenyatta, has commended Nigeria’s entrepreneur and philanthropist, Tony Elumelu, for committing $100 million using his Tony Elumelu Foundation (TEF) to identify, fund,…

Chevron recognized for sustained support for small businesses in Nigeria

Chevron Nigeria Limited (CNL), operator of the NNPC/CNL Joint Venture, was recently at the4th edition of the Sub-Sahara Africa Upstream Oil and Gas summit and exhibition held in Abuja from Tuesday April 11 to Friday April 13, 2018, recognized for…

TEF picks 1,250 out of 151,692 applicants for 2018 Entrepreneurs programme

The Tony Elumelu Foundation (TEF) on Thursday in Lagos, announced 1,250 successful African entrepreneurs with the most innovative, high-potential business ideas that will participate in the 2018 Entrepreneurship programme. The 4th ‎cycle selection was made out of over 151,692 applications…

TEF, Red Cross seal fresh deal to change the fortune of 200 entrepreneurs

In line with its key policy of driving Africapitalism, the Tony Elumelu Foundation (TEF) and the International Committee of the Red Cross have signed a Memorandum of Understanding to empower 200 entrepreneurs from Nigeria’s North-East and Niger Delta regions. The…

Compliments of the season from Business Hilights Publications Group

We wish everbody a happy Chirstmas and prsoperous new year. Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news…

FG warns N-Power applicants not to give bribe as physical checks begins

Just as the federal government yesterday kicked off physical verification exercise at all the 774 Local Government Areas, the federal government has warned against either giving or taking bribe to disrupt due process. The Physical Verification stage is the process…

Multiple taxation drowning 95% of SMEs in Nigeria yearly—Elumelu

Leading banking wizkid and motivational speaker on entrepreneurial issues, Mr. Tony Elumelu on Thursday, said that 95 percent of Small and Medium Enterprises fold up within a year in Nigeria due to multiple taxes and levies. The Chairman of Heirs…