President Xi Jinping’s Speech at Davos Agenda is Historic Opportunity for Collaboration

China calls for the world to work together to tackle global challenges, particularly COVID-19 and climate change Principles of multilateralism must be upheld...

Amazon wins as British viewers are desperate for more sport

12.9m SVoD subscriptions were taken out in the UK last year, and Amazon Prime Video secured 49.1% of new signups in Q4. Our Entertainment on Demand...

Disney+ wins the battle for new US video streaming subscribers

While “Wonder Woman 1984” gave HBO Max a strong finish, Disney+ carried 2020 for new SVoD subscribers. The release of “Wonder Woman 1984” helped HBO...

How do you put a price on a new car?

It was already a complicated equation, but changes to purchase methods and financial strains have presented a challenge to the automotive industry. It’s no secret...

Telecom & IT

CNN’s Inside Africa meets Nigeria’s Techpreneurs

On this week’s Inside Africa, CNN International showcases Nigeria’s entrepreneurial spirit, meeting four start-up stars who are improving the...
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Lenovo outstrips other OEMs, dominates global PC shipments

Global Original Equipment Manufacturer (OEM) Lenovo has continued to astound market watchers, dominating worldwide PC shipments on the back of a rise in demand. The...

Digital media industry to hit $292bn value in 2021

Recent years have witnessed a surge in the digital media industry, with internet users worldwide choosing online content as their main source of information...

Tizeti rolls out high-speed 4G LTE in Edo with N4000/month broadband service

January 18, 2021 - As part of its commitment to ensuring access to affordable broadband connectivity in Africa’s underserved populations, Tizeti, West Africa’s pioneer solar-based...

Mobile Roaming Subscribers to Reach 918 Million Globally by 2024; Recovering to Pre-pandemic Levels

North American Market to Increase by 192% During Pandemic Recovery 18th January 2021: A new study from Juniper Research has found that the number of international...

Business & Economy

Ecobank Nigeria secures N50 billion 10-Year Subordinated Loan

Lomé, January 25, 2021 – Ecobank Transnational Incorporated (“ETI”), the parent of the Ecobank Group, announces that one of its significant subsidiaries, Ecobank Nigeria,...

Global Investment Down 42% in 2020, Further Weakness Expected in 2021

Global foreign direct investment collapsed in 2020, falling by 42% to an estimated $859 billion from $1.5 trillion in 2019. FDI finished 2020 more...

NSE ASI Moderates by 0.42% amid Sell-Offs

In the just concluded week, the NSE ASI retraced into negative territory amid sell-offs witnessed on the mid and large-cap stocks. We saw investors...

Naira Appreciates Against the USD at Investors and Exporters Window

In the just concluded week, Naira strengthened against the USD at the Investors and Exporters window as the exchange rate fell (Naira appreciated) by...

Credit to Private Sector Rises in Nov. 2020; MPC Decides on Policy Rate in the New Week…

In the just concluded week, data released from the Central Bank of Nigeria (CBN) depository corporations survey showed a 5.21% year to date (YTD)...

SME Corner

Entrepreneurialism alive and well in the time of the pandemic

Entrepreneurial spirit is up among women and younger adults. One-third of adults across the world show a very high level...

The Coca-Cola Foundation Empowers Over 4,600 Women in 5 Months

A women empowerment and capacity building program sponsored by The Coca-Cola Foundation in partnership with Karis and Eleos Hand...

#YouTubeBlackVoices: How YouTube is Supporting Black Creators and Artists

12 January 2021 - YouTube today released its inaugural class of African content creators set to receive a grant...

5 Ways To Make Money From The Comfort Of Your Home

Not everyone would like to have a white-collar job and even if you have one, it is always good...

Tony Elumelu Foundation Unveils African Entrepreneurship Programme

The Tony Elumelu Foundation (TEF), on Friday in Lagos, unveiled the TEF Entrepreneurship programme for 2021, to empower women...

Beverages

Promasidor Nigeria appoints new CEO

Promasidor Nigeria Limited has appointed Bruno Gruwez as it’s Chief Executive Officer (CEO) effective January 1st 2021. Bruno succeeds Anders Einarsson, who will assume...

Desperados Launches Alcohol-Free Innovation, Desperados Virgin 0.0%

Born from a wild experiment, Desperados Virgin 0.0% pushes the boundaries of non-alcoholic alternatives and unleashes the adventurous side of beer drinkers. The brand’s...

Heineken South Africa to Slash jobs due to Alcohol ban impact

Heineken has announced that it will cut 70 jobs and put investments on hold in South Africa, following the impact of alcohol bans amid the...
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Must Read

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 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...

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 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...

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...

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

AFEX 2020 Review and 2021 Outlook: Nigerian Commodities Space Not Immune to the Impact of COVID-19

We began releasing an annual commodity review in 2020 to provide a trusted source of information for participants in the commodities market in Nigeria. Our annual commodity review report for 2019 allowed us to look at the data points that...

Prices of Tomato, Yam, Rice, increased in December – NBS

Prices of selected food items including eggs, tomatoes, yam, rice increased in December data from the National Bureau of Statistics have shown. The NBS in...

Gov. Fayemi Inaugurates Egbeja Snail Village In Okemesi Ekiti (Photos)

In line with the Ekiti State Government’s policy of encouraging private investments in the state, Governor, Dr. Kayode Fayemi, has inaugurated multi-billion naira Egbeja Snail...

2021: A Year Of Effectiveness And Strategic Thinking To Transform Agri-Food Systems

The FAO Director-General QU Dongyu today held a meeting with all senior managers of the UN agency, including FAO representatives (FAORs) to about 130...

Price of Maize Set to Crash, 300,000MT of Maize for Release in February 2021

About 300,000 metric tonnes of maize are soon to be released into the Nigerian market from strategic anchors under the Anchor Borrowers' Programme (ABP)...

Video and Magazine News

Energy & Power

50% of Passenger Vehicles Will be Electric by 2040

50% of Passenger Vehicles Will be Electric by 2040 On a global scale, passenger electric vehicles shot up from 450,000 to 2.1 million in 2019....

Here Are The Average Prices Of Petrol, Diesel, Kerosene And Cooking Gas For December 2020

The average price paid by consumers for premium motor spirit (petrol) increased by 14.62% year-on-year and month-on-month by 3.79% to N167.27 in November 2020...

OPEC Predicts A Rebound In U.S. Shale

Oil prices fell back on Friday over demand concerns. News that China has reported its highest Covid-19 case count in months weighed on market sentiment. OPEC sees...

World Bank Plans to Invest over $5 Billion in Drylands in Africa

The World Bank plans to invest over $5 billion over the next five years to help restore degraded landscapes, improve agriculture productivity, and promote...

Real Estate

FG To Establish 6 Correctional Facilities (Photos)

The federal government disclosed on Saturday that it would establish six new modern correctional facilities in the six geo-political zones in the country. Rauf Aregbesola,...

Northcourt’s 2021 Nigeria Real Estate Market Outlook

World at Home 2020 will be described as the year of unprecedented shifts and shocks. COVID-19 effects were evident in the economy and real estate...

Know Your Real Property Investments And Rights

You think you already know all you need to know as regards real property investments and the rights surrounding it? That may not be...

Transcorp Hilton Abuja Launches its Christmas Staycation Offer

Transcorp Hilton Abuja has launched its Christmas Staycation package aimed at giving guests an exceptional experience as they end the year 2020. The Christmas offer,...

Demand for Second Passport Surges by 50 percent amid Covid-19 restrictions

National lockdowns, closed borders and travel restrictions have helped drive up enquiries for second passports, citizenships and overseas residencies by more than 50% year-on-year,...

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...

Retail - Brick & Click

Digital Wallet Spend to Exceed $10 Trillion Globally in 2025; Driven by Rising eCommerce & Contactless Spend

25th January 2021: A new study from Juniper Research has found that total spend via digital wallets will exceed $10 trillion in 2025, up from...

MoneyGram Expands Real-Time Digital P2P Payments with Visa Direct through New Checkout.com Partnership

Customers can use the MoneyGram website or leading mobile app to send money in near real-time to Visa debit cardholders across 575 corridors from...

Konga Clearance Sale kicks off with massive discounts

Over 65,000 mobile phones, 15,000 laptops/desktops/printers, 3,150 inverters and inverter batteries, 1550 TVs, loads of Fast Moving Consumer Goods (FMCG), as well as Home...

CBN Issues Framework for QR Code Payments in Nigeria

In furtherance of its mandates to, ensure the safety and stability of the Nigerian Financial System, promote the use and adoption of electronic payments...