Facebook Celebrates ‘Icons Of Change’ From Across Sub-Saharan Africa With A Youth Gathering In Accra, Ghana

Facebook is bringing together 40 young leaders, developers, entrepreneurs and change-makers from across Sub-Saharan Africa, to a two-day event in Accra, Ghana, titled “Celebrating...

Devastation Is The Major Threat To Telecom Growth In Nigeria – NCC

The Nigerian Communications Commission (NCC), has known the destruction of telecom infrastructure as the biggest intimidation to the growth of the telecommunication industry in...

Quickteller Chooose Winners To Make An Appearance At Interswitch One Africa Music Fest in London

Quickteller, a leading digital consumer payments platform in Nigeria, is set to take another set of winners on an all-expense-paid trip to the London...

President Buhari Endorse Licensing Of Online TV & Radio Stations

President Muhammadu Buhari has signed wide-ranging improvements in Nigeria’s broadcasting industry, including the commissioning of online radio and television stations.Lai Mohammed, Nigeria’s Minister of...

Telecom & IT

ID Africa And Plaqad Presents Second Edition Of Social4Media Masterclass

Lagos based marketing and media company, ID Africa and marketing technology startup Plaqad, have announced they will be training...

British Airways Announces Multi-Million Pound Investment in the Latest Mobile Technology for Cabin Crew in drive to offer Personalized Customer Service

Every member of British Airways’ 15,000 cabin crew will receive an iPhone XR in the latest phase of multi-million pounds investment in technology...

Itanna Launches 2nd Accelerator Programme

21st August 2019. Itanna, the corporate venture capital platform of Honeywell Group, has officially announced the launch of the second edition of its accelerator and investment programme.  As...

Spectranet Launches Home Fibre, Fibre On Air Truly Unlimited Data Plans

As part of its efforts to continually innovate and offer its customers products based on cutting edge technologies while enhancing the internet experience, foremost...

Kaspersky: The dark side of apps

6 Android apps that were downloaded a staggering 90 million times from the Google Play Store were found to have been loaded with the...

Business & Economy

UBA Board Proposes Interim Dividend, Okays H1 2019 Results

The Board of United Bank for Africa Plc, at its meeting of Thursday, August 22, 2019, considered and approved the 2019 Half Year Results...

Shoprite slumps as consumers struggle in Angola and Nigeria

Shoprite is feeling the pinch of troubled economies in key marketsRetail group Shoprite that operates in 15 countries in Africa, this week released its...

African Liquefied Natural Gas (LNG) To Attract $103 Billion In 2019

Africa is an exciting frontier in the global natural gas sector. The continent holds 7.1 per cent of proven global gas reserves and is...

Skye Bank & Fortis Microfinance Bank Removed From Nigerian Stock Exchange Listing

The Nigerian Stock Exchange (NSE) on Wednesday delisted Skye Bank Plc and Fortis Microfinance Bank Plc following permission from the National Council of the...

NIPC Takes Innovative Approach to Market Investment Opportunities in the Country

The Nigerian Investment Promotion Commission (NIPC) has said that it is profiling investment opportunities across sectors in Nigeria.The Director, Investment Promotion of the Commission,...

SME Corner

Sifax Group Sponsors Next Titan for the 6th Year

SIFAX Group, the longest-running sponsor of The Next Titan, Nigeria’s foremost entrepreneurial reality TV show, has renewed its annual...

TOTAL Exploration and Production Nigeria Limited Invest to Boost Next Generation of Agribusinesses

Value Drivers Investment Limited in partnership with TOTAL Exploration and Production Nigeria Limited has rounded off a three-week knowledge...

3Line Set To Launch Cutting-Edge Retail Management Solution For SMEs

3Line Card Management, an innovative fintech company is set to launch an integrated retail management payment solution, Visum to...

Advancing Economic Growth in Africa; Tony Elumelu Meets with the Presidents of Congo DRC and Rwanda

As the number of African entrepreneurs continues to rise, governments have begun to develop programs and platforms conducive enough...

Polaris launches collateral-free salary advance solution to customers

In line with its commitment to creating innovative financial solutions, Polaris Bank has launched a quick credit solution called...

Beverages

Chijioke Charles Emerges Winner Of Hi-Life Fest 2019 (Photos)

Life Lager, the beer brand renowned for inspiring progress, and for celebrating the culture of the people has added another landmark achievement to its...

Cream Liqueur sees growth with new players, more flavours

Cream liqueur is experiencing renewed growth in Nigeria, spurred by increased interest by consumers, particularly women. It is a favourite of women because it...

Healthy Local Drink Options

Nigeria is home to different varieties of drinks. The good thing about these drinks is that a lot of them are not only pleasing...

Must Read

Jumia in trouble over Fraud in Affiliate Scheme, JForce

E-commerce company, Jumia is currently enmeshed in a case of internal fraud involving its affiliate marketing programme, otherwise known as J-Force.The alleged fraud, purportedly...

UBA Board Proposes Interim Dividend, Okays H1 2019 Results

The Board of United Bank for Africa Plc, at its meeting of Thursday, August 22, 2019, considered and approved the 2019 Half Year Results...

Innoson motors price list: cheap cars in Nigeria

Millions of Nigerians cannot allow buying a new car because it is too expensive. However, the biggest Nigerian car manufacturer says everyone will be...

Nigeria’s GDP could easily grow to $1trn by 2023 If we revive these 10 moribund industries

Nigeria’s GDP could easily grow to $1trn by 2023 If we revive these 10 moribund industries(1) Ajaokuta Steel MillNo nation can industrialise without steel....

Quickteller Chooose Winners To Make An Appearance At Interswitch One Africa Music Fest in London

Quickteller, a leading digital consumer payments platform in Nigeria, is set to take another set of winners on an all-expense-paid trip to the London...

I know 20 Businesses You Can Start With 100k – Boda Lanre

Twitter Session with Brand Spur Nigeria: Disclaimer: In business, you need the right attitude else you'll sink. Ensure friends and family pay for your goods...

Agro News

Prices Of Tomatoes, Rice, Yam reduce in July – NBS

The average price of major food items in Nigeria, like yam, rice and tomatoes, reduced in July, the National Bureau of Statistics (NBS) has said.The NBS said this in its “Selected Food Price Watch (July 2019)’’ report released on...

TOTAL Exploration and Production Nigeria Limited Invest to Boost Next Generation of Agribusinesses

Value Drivers Investment Limited in partnership with TOTAL Exploration and Production Nigeria Limited has rounded off a three-week knowledge empowerment initiative, tagged 'TOTAL Agriculture...

FG’s comment on FX sales for food Importation: A cause for concern?

As the celebration of Eid Mubarak ended, the Federal Government of Nigeria (FGN) decided to suggest a drastic step to encourage the consumption of...

Okomu Oil plans to Cultivate 5,000 Hectares Oil Palm in Edo State

Okomu Oil Palm Company PLC hereby notifies The Nigerian Stock Exchange and investing Public that it has intensified steps to improve collaborative arrangement with...

Okomu Plantation Hosts the Endangered Africa Grey Parrot

Okomu Oil Palm Company Plc has been identified as an important landscape for African Grey parrots in Nigeria this is after series of surveys...

Video News

Energy & Power

MAGODO RESIDENTS APPLAUDS IKEJA ELECTRIC OVER IMPROVED POWER

Residents of Magodo Estate have acclaimed Ikeja Electric Plc (IE) for rendering constant electricity to customers within the Estate following the signing of the...

Proposed hike in Electricity tariff

The Nigerian Electricity Regulatory Commission (NERC) has proposed an upward review of the existing multi-year tariff order (MYTO) in the country. It is proposing...

New CNPC Discovery Confirms South Sudan’s Immense Oil Potential

While the country sits on over 3.5bn of proven oil reserves, the third-largest in sub-Saharan Africa, 70% of its territory remains under-explored...JOHANNESBURG, South Africa,...

African Energy Chamber Welcomes Appointment of New Nigerian Petroleum Minister

As a former Governor of the Bayelsa State, in the core Niger Delta region, H.E. Timipre Silva understands the core issues affecting Nigeria’s oil...

Real Estate

US $10.7m Amsalco Shopping Mall Breaks Ground in Kaduna

The mall dubbed ‘Amsalco Galaxy Mall’ is being constructed at the Murtala Muhammed Square in the heart of Kaduna city, through a public-private partnership...

Billions Poised For Africa’s Real Estate Sector

The growth and opportunity displayed by a diverse spread of International funds, DFIs, Banks, PE firms, institutional investors and others is evidence that despite...

Dangote Cement grows PAT by 5.37% to ₦119.24 billion in H1’19

Despite its weak Revenue in H1’19 resulting from reduced sales of Cement and other products, Dangote Cement Plc, a leading player in the Nigerian...

How to Survive a Long-Haul Flight

In aviation, the flight length is defined as the distance of a flight. Commercial flights are often categorised into long-medium or short-haul by commercial...

Protea Hotel Fire & Ice! by Marriott opens in Durban (Photos)

Protea Hotel Fire & Ice! by Marriott Durban uMhlanga Ridge officially opened this month, making it the first Fire & Ice! by Marriott hotel...

Fly, Stay, Earn – Marriott International And Emirates Strengthen Partnership With Relaunch Of Your World Rewards

Marriott Bonvoy and Emirates Skywards members can now discover the joy of good travel with elevated travel experiences and benefits across the sky and...

Herdsmen: Nigeria Immigration Service reacts to reports of the new enhanced e-Passport

The attention of the Comptroller General of Immigration Service, Muhammad Babandede MFR has been drawn to some reports that the pages of the new...

Retail - Brick & Click

Former Presidential spokesman accuses Jumia of selling pirated books, threatens law-suit

A former Presidential spokesman, Olusegun Adeniyi has disclosed that e-commerce company, Jumia is set to face court action for allegedly selling pirated copies of...

Jumia is battling with $17 million fraud alongside several US lawsuit

Jumia has revealed some shocking revelations this week, Africa’s largest e-commerce operator has suspended some staff over an $18m sales fraud. The Company is...

Jumia reports Q2 2019 Results: Continued strong growth of top-line drivers and 94% increase in Gross profit

Jumia Technologies AG (NYSE: JMIA) ("Jumia" or the Company) announced today its financial results for the quarter ended June 30, 2019. "We continue to deliver...

How ₦50 Entry Strategy impacted Oride Bike Hailing Success in Ibadan

One would have thought that the introduction of ORide, a bike hailing system backed by its specialized application (Opay App) would take a long...