Business Hilights

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COVID-19

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…

ICT

MTN steps up COVID fight with new campaign promoting mask-wearing

MTN is adding its voice to global efforts to raise awareness about the importance of wearing masks to fight the spread of COVID-19 with today’s launch of the #WearItForMe campaign across its markets. As society navigates the “new normal” brought…

Dangote Cement promo: Block Makers Association urges members’ participation

Block makers and artisans who are major users of cement have endorsed the ongoing Dangote Cement bag of goodies season 2 promo. The building sector professionals drawn from different parts of Nigeria agreed that the promo which is expected to…

AIF founding partners unveil COVID-19 Response for Africa’s private sector

15 deals in the Africa Investment Forum’s portfolio, valued at $3.79 billion earmarked to address COVID-19 impacts Increased and decisive investment will be the channel for Africa’s economic recovery post COVID-19, partners of the Africa Investment Forum said on Friday,…

Capacity training programme with hands-on joint learning good for FG—Minister

Honourable Minister of Finance, Budget, and National Planning, Mrs. (Dr.) Zainab S. Ahmed, at the Capacity Building for Special Advisers and Technical Assistants of the Ministers of the Federal Republic of Nigeria in Abuja, on Sunday, July 19, 2020, has…

Gulf of Guinea, off West Africa accounts for 90% of 77 piracy cases—Report

The International Maritime Bureau’s (IMB) latest piracy report has indicated the Gulf of Guinea, in spite of all efforts to the contrary, is the world most dangerous, where seafarers daily face attackers armed deadly weapons. The report specifically noted the…

Watering down COVID-19 Flight Resumption Protocol dangerous—Passengers

Many Nigerian air passengers have decried the rush with which the Federal Government and mainly aviation agencies are using to water down COVID-19 Flight Resumption Protocol for Passengers. Business Hilights recalls that barely one week of test running a three-hour…

Mast colony
ICT

SES launches Free-To-Air Satellite Channel to Fight Spread of COVID-19

Millions of households across Africa, Europe, and Asia-Pacific will be able to access a free-to-air TV channel via SES satellites (SES) dedicated to delivering reliable, informative content about COVID-19. The channel – Fight COVID-19 – broadcasts content that is aimed…

Harnessing youths’ workforce to spike post-COVID-19 economic recovery—AfDB

Growth in West Africa, poised to expand by 4.0 percent in 2020, now projected to contract by -2.0 percent in 2020; Demand for science, technology, engineering and mathematics increasing, though school enrolment, retention rates poor. West Africa’s burgeoning youth population…

Oil eases as Covid-19 fears offset gasoline recovery signs

U.S. West Texas Intermediate (WTI) crude CLc1 futures fell 14 cents, or 0.3%, to $40.76 a barrel by 0229 GMT, after rising 0.7% on Wednesday. Brent crude LCOc1 futures slipped 7 cents, or 0.2%, to $43.22, after gaining 0.5% on…