Laycon surprises fans with live performance at #OPPOMarketStorm

Global smartphone giant, OPPO Mobile Nigeria hosted thousands of fans and customers at SLOT, Ola Ayeni & SLOT, Medical Road during the #OPPOMarketStorm. The event...

Alibaba Merchants Sell $40B in First Half Hour of Singles Day 2020, More than 2019 Event Full Sales

Singles Day 2020 was a roaring success, cementing its position as the world’s biggest shopping holiday. The event saw consumer spending on Alibaba’s eCommerce...

Top Three PC Vendors Shipped 121.5 Million Units in 2020, Lenovo Leads with 47.1 Million Shipments

Remote working and distance learning amid the coronavirus outbreak continue increasing global demand for PCs and laptops. After a sharp fall in the first...

MTN’s mPulse hackathon offers funding for solutions to COVID-19 challenges

As countries grapple with the realities of the new normal, MTN Nigeria has initiated a call for entries for its mPulse hackathon, themed “Beyond...

Telecom & IT

Xiaomi Beats Estimates with Record Quarterly Revenue and Net Profit in Q3

Xiaomi Corporation, an internet company with a smartphone and smart hardware connected by an Internet of Things (“IoT”) platform...
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MTN partners with Gameloft on exciting new platform

In partnership with Gameloft, a leader in the development and publishing of mobile games, MTN Nigeria has announced the launch of MTN Gameworld —...

Glo named most popular Nigerian brand for 2020

Africa's foremost branding agency, HKLM, is celebrating two branding wins this month: Globacom (Glo), Nigeria's second largest telecommunications operator (HKLM helped launch the brand...

Nigerians pay heavy price as laptop scarcity bites harder

The ongoing scarcity of laptops and personal computers (PCs) may worsen as industry experts are now projecting that the prevailing paucity may persist until...

Six strategies to increase young women’s access to digital jobs

The digital economy can create new job opportunities for young women and help address the persistent gender disparity in the labour market. Jobs involving remote,...

Business & Economy

Pandemic Pushes US Casino Industry to Over $12 Billion in Revenue Losses with 36% Drop

The United States casino industry remains on a loss-making streak in the wake of the coronavirus pandemic. The economic uncertainty continues to cast doubts...

MTN Group furthers financial inclusion

Driven to secure financial inclusion across its markets, MTN Group continues to grow the number of MTN Mobile Money (MoMo) users on its network,...

Visa report highlights ecommerce as key to unlocking merchant revenue growth during the festive season

If small businesses can provide easy access to information, frictionless payments, a simple returns policy, and personalized shopping options, they are likely to have...

Bitcoin Miners Rake in $353 Million in October 2020 Revenue

October 2020 was one of the best months in almost three years for Bitcoin miners. According to Coin Metrics data, during that month, network...

PZ Cussons Nigeria Announces the Retirement of its Board Chairman, Chief Kola Jamodu

The Board of Directors of PZ Cussons Nigeria Plc, hereby announces the retirement of its Chairman of the board, Chief Kola Jamodu, CFR. Chief Kola...

SME Corner

Here Are The Most Profitable Startups That Will Bring You Big Gains In 2020

As the pace of technological advancement increases, the scope for the evolution of newer start-ups is on the rise....

LBS alumnus, Mike Ewewie is solving Nigeria’s poverty problem through shoes

Mike Ewewie comes from a family that has been involved in the shoemaking business for 25 years but on...

Standard Chartered Launches the 2nd edition of its Women in Tech programme to support Nigerian Female Entrepreneurs

November 09, 2020 – Standard Chartered Bank (Nigeria) Limited today launched the second edition of its SC Women in Technology...

How to apply for Kwara State N500m SME funds

The Governor of Kwara State Abdulrahman Abdulrasaq tweeted that he visited the sites of some of the businesses that...

Free 250,000 FG/CAC Business Names Registration for MSMES

Business formalisation Support of the Micro, Small & Medium Enterprises (MSMEs) Survival Fund As part of Federal Government’s post-Covid-19 Pandemic...

Beverages

#AriyaRepete2020: Ariya Repete Returns With ‘‘Omoluabi Special’’

Nigeria’s foremost talent hunt competition for indigenous music, Ariya Repete, returns with yet another edition. Announced on Wednesday, November 11, 2020, this year’s edition...

Golden Guinea Breweries Plc Reports N18.88m PAT in Q3 2020

The Umuahia, Abia State-based Golden Guinea Breweries Plc has released its unaudited financial statements for the year ended September 30th, 2020. The brewer recorded Revenue...

Elites Fans Celebrate As Erica Nlewedim Bags Double Endorsement Deal With Star Radler and Legend Extra Stout

Elite Fans have taken to social media to congratulate Ex BBN-Housemate and Nollywood actress, Erica Nlewedim, over her double endorsement deal with Star Radler...
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Must Read

List of United Bank for Africa (UBA) Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort code is usually used when transferring...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is held. The sort code is...

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to you, there is no time...

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort code is...

Here is a list of all Microfinance Banks’ USSD Codes in Nigeria.

A Microfinance bank is a type of bank that offers small loans, or microloans, to individuals, entrepreneurs and small businesses. These banks typically function...

List of First Bank of Nigeria Sort Codes in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort codes are usually used when...

Agro News

Ogun State facilitates more capital to boost Fish Production

Ogun State Ministry of Industry, Trade and Investment will continue to facilitate access to capital and work with relevant agencies to build the capacity of entrepreneurs in the fish value-chain, to address the 3.5 million metric tonnes deficit the...

40,000 young people in Nigeria to benefit from Young Africa Works-IITA project training program

In May this year, the International Institute of Tropical Agriculture (IITA) partnered with the Mastercard Foundation to start the Young Africa Works-IITA Project, an...

Customers meet farmers supplying Shoprite store farm-fresh produce

Nigerian farmers will have the opportunity to sell their fruit and vegetables directly to Shoprite customers on Saturday, 28 November, as part of the...

Lagos to partner FAO to enhance Coconut Production

The Lagos State coconut value chain, conservatively put in excess of N350 billion yearly, is set to be activated as the State partners the...

Rising Food Prices: Should the border closure be reversed?

Earlier, the NBS released inflation figures for October 2020 with food inflation printing at 17.38%y/y. Recall that the Nigerian authorities shut its land borders...

Video and Magazine News

Energy & Power

Here are the average Prices of Petrol, Diesel, Kerosene and Cooking Gas for October 2020

The average price paid by consumers for premium motor spirit (petrol) increased by 10.79% year-on-year and month-on-month by 0.07% to N161.17 in October 2020...

Ardova to act as Main Distributor for Shell Lubricants Branded Products

Ardova Plc (formerly Forte Oil PLC) will act as the main distributor for Shell Lubricants branded products for the automotive and industrial sectors in...

LEKOIL Announces the Resignation of Strand Hanson Limited as its Nominated Adviser

LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces that Strand Hanson Limited has resigned...

Japaul, Chinese firms sign agreement on Gold Mining

Japaul Gold & Ventures Plc (Japaul) formerly Japaul Oil & Maritime Services Plc has concluded discussions and has gotten approval in principle from the...

Real Estate

BUA Cement Waxing Stronger Against All Odds

Further Revenue Growth in Q3 Boosts Overall 9M Topline Performance In Q3:2020, BUA Cement Plc. improved on the revenue gains made in H1:2020 to deliver...

Dangote Cement PLC Generated N761.44bn Revenue as PAT Surge by 35.20%

Dangote Cement PLC delivered an impressive performance in Q3-2020 with revenue up by 12.01% boosted by a 5.63% and 6.59% growth in cement production...

BUA Cement Posts Impressive Q3, 2020 Financial Results As Revenue Hits N156.6Bn

BUA Cement, one of Africa’s largest cement producers, has declared revenues of N156.6billion in its 2020 third quarter (Q3) financial results for the 9-months...

Rebound in Global Travel Will Be Gradual Despite Probable Vaccines, says Fitch Ratings

Global demand for travel and tourism will take several years to recover to pre-pandemic levels, despite growing evidence that effective coronavirus vaccines may be...

Transcorp Hilton Abuja wins big at the 2020 World Travel Awards.

Transcorp Hilton Abuja has emerged the winners of the 2020 World Travel Awards in 4 categories notably Africa’s Leading Business Hotel. This is the...

Ikeja Hotel Receives Occupancy Revocation, N1.4bn Loss in Q3 to Affect Dividend Declaration

Ikeja Hotel Plc has issued a statement via the Nigeria Stock Exchange (NSE) to its Shareholders on the unaudited group Accounts for the third...

Tourism Industry to Lose Over $1 Trillion and Can Reduce Global GDP By Up to 2.8%

Tourism, which is the third-largest export sector in the global economy, is among the worst impacted sectors by the global pandemic. According to the...

Retail - Brick & Click

Konga emerges Company of the Year at Business Hallmark Awards

Konga Nigeria’s foremost composite e-commerce giant has been rewarded with the highly coveted Company of the Year award in the just-concluded People of the...

Shoprite surprises customers on a bumper Black Friday

Shoprite Nigeria’s supermarkets have offered early Black Friday deals and big discounts on everyday essentials as customers are increasingly looking for value, given the...

The History of Price Comparison Sites and How They Spread Across the World

In 2020, very few of us purchase goods or services without first performing some perfunctory research. The reason behind this is simple: we want...

Kwik Delivery and Total Nigeria Plc partner on e-commerce fulfilment of Corporate Affairs Commission documents

Kwik Delivery and Total Nigeria Plc will enable businesses to use TOTAL service stations as secure pickup locations of essential documents November 20, 2020 -...