Reasons Behind the Success of Three of Gaming’s Biggest Brands

The gaming industry is huge. In 2019, gamers spent $152.1 billion on buying titles and paying for in-game items. This figure was almost 10%...

Dangote Sugar acquires Savannah Sugar for Market Expansion

In a bid to enhance production capacity and further increase its market share, shareholders of Dangote Sugar Refinery Plc (DSR) have given the nod...

Nigeria’s Domestic Debt Service increased by 295% in Q1 2020 – NBS

Domestic debt service increased by 295% from Q4 2019 to ₦609 billion in Q1 2020. FGN bonds made up 80% of the domestic debt...

PZ Cussons delists from GSE to improve business operations

The Ghana Stock Exchange (GSE) has approved the delisting of a major consumer goods company, PZ Cussons Ghana from the stock market, following the...

Telecom & IT

Glo cuts cost of international calls by up to 55%

Nigerian operator Globacom has cut international call tariffs by as much as 55 per cent. Globacom said the reduced...
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Four strategies for helping women in fragile settings succeed in the digital economy

The coronavirus (COVID-19) pandemic is disproportionately impacting women’s livelihoods. Young women are more prone to unemployment and under-employment than men, and many work in service and informal sector...

Nigeria: Telcos add 14.71 million voice and data subscribers in Q1 2020 – NBS

The number of active internet subscribers increased by 10.12 million to 136.20 million in the first three months of 2020 from 126.08 million in...

Samsung Remains Dominant in the Smartphone Memory Market with 50% Revenue Share in Q1 2020

The global smartphone memory market registered a total chip revenue of $9.4 billion in Q1 2020, according to the Strategy Analytics Handset Component Technologies...

MTN launches first 5G network at 100 sites in South Africa

MTN's journey towards delivering SA's best network experience is celebrated today with the launch of its next-generation 5G network, which is delivering higher peak...

Business & Economy

FGN Bond Yields Moderate for Most Maturities Tracked on Sustained Demand Pressure

In the just concluded week, the values of FGN bonds traded at the over-the-counter (OTC) segment appreciated further for most maturities tracked amid demand...

Naira Loses Against USD as CBN Devalues Official Rate to N381/USD

In the just concluded week, Naira depreciated against the USD at the Investors and Exporters FX Window (I&E FXW) by 0.13% to close at...

Drab Day in Fixed Income Space Despite the Ease in System Liquidity

KEY INDICATORS FGN Bonds The calmness in the FGN bond space persisted for a 2nd consecutive session with very slim volume passing through the benchmark curve....

Ecobank appoints Alain Nkontchou as Chairman

The leading pan-African banking group, Ecobank, is delighted to announce the appointment of Mr Alain Nkontchou, a Cameroonian and Independent Non-Executive Director since 2015,...

SSA Equity Market in H2-2020: Wheezing from the impact of COVID-19

The performance of equity markets across the world was a tale of two quarters in H1-2020. This was as the outbreak of the COVID-19...

SME Corner

How To Apply For NPower 2020 Recruitment

The NPower program was launched a few years ago and became one of the top opportunities for young individuals...

CAC Certificate to Contain Tax Identification Number

Business owners who register their businesses with the Corporate Affairs Commission (CAC) will no longer need to approach the...

6 Ways You Can Support Local Businesses With Google Maps

As cities and economies start to reopen, people are looking for ways to support their favourite small businesses. We...

How Small Businesses Can Access CBN’s N50b Loan

The coronavirus pandemic has affected every single aspect of life in Nigeria and around the world, but various businesses...

Google launches Google for Nonprofits in Nigeria

Google has launched Google for Nonprofits in Nigeria. Google for Nonprofits aims to empower not-for-profit organizations by providing them...

Beverages

Kachi Onubogu promised a balanced representation in the NIMN council

The Chief Executive Officer of Frutta Juice and Services, Dr Onyekachi Onubogu, has pledged to serve as a bridge between the Town and Gown,...

Guinness Nigeria PLC warns investors of 2020 financial results

Guinness Nigeria Plc has informed the public about the material circumstances that will impact its full-year financial results for 2020. This is Following the...

Social Distancing: Photos From Nigerian Breweries Plc Annual General Meeting

Shareholders of Nigeria’s foremost brewer – Nigerian Breweries Plc, have approved a total dividend of N16.1 billion for the year ended December 31, 2020....
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Must Read

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...

Here is the list of Providus Bank Branches in Lagos

A little over two years after it was granted a commercial banking license with regional authorization by the Central Bank of Nigeria (CBN), the...

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 latest Ponzi schemes in Nigeria

These are the latest and past Ponzi scams and shady investment products that Nigerians are putting their monies into. What is a Ponzi scheme? A Ponzi...

15 Wool Braid Hairstyles You Should Try

Wool braid hairstyles have been popular for years and show no signs of slowing down. Wool braids allow you to try every colour, shape,...

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...

Agro News

Project To Build Sustainable Cassava Seed System In Africa Gets New Phase

To improve their yields and incomes, African cassava farmers need regular and reliable access to high-quality planting materials of the newest and best varieties.  Access to such cassava stems, however, is often a problem.  Agro dealers don’t sell them,...

LASG Produces Eco-Friendly Solar-Powered Kiosks for Farmers (Photos)

Lagos State Government has produced solar-powered kiosks that would ensure easy and effective market access for farmers, agripreneurs and stakeholders in an eco-friendly manner. The...

GBfoods completes N20 Billion Tomato Processing Factory in Kebbi

Lagos, Nigeria - GBfoods, a global leader in culinary product manufacturing, in partnership with the Central Bank of Nigeria (CBN), Kebbi State Government and...

Ghana Cocoa Board, AfDB and financial partners celebrate first $200 million disbursement of loan to boost cocoa productivity in Ghana

Ghana Cocoa Board (COCOBOD) and lenders have welcomed the first disbursement of $200 million of a syndicated loan facility to boost cocoa productivity in...

IITA and Mastercard Foundation to implement Young Africa Works in Nigeria

The Youth in Agribusiness office of CGIAR-IITA is partnering with the Mastercard Foundation in Nigeria to implement the Young Africa Works strategy. A joint media release on...

Video and Magazine News

Energy & Power

Oil Returns To $40 After COVID Correction

OilPrice.com Oil posted a price correction on Thursday on fears of the rising coronavirus numbers in the U.S., something that the IEA warned about in...

BMW Group increases sales of electrified vehicles in first half-year, despite COVID-19

Total sales affected by the impact of the worldwide pandemic Initial signs of recovery in individual markets at the end of Q2  ...

Oando Attends Presidential Flag Off Ceremony For Construction Of 614km Ajaokuta-Kaduna-Kano Gas Pipeline Project

Lagos, Nigeria – Following an official press statement and update to the market on April 19, 2018, Oando PLC, is pleased to announce to...

Oil Prices Fall Back Below $40 On New COVID Fears

The two-month oil rally has stalled, with WTI falling back to $38 per barrel. The resurgence of Covid-19 across the U.S. has halted the...

Real Estate

LASG Urges Lekki Property Owners to Comply with Master Plan or Face Statutory Enforcement

The Lagos State Government has urged property owners and developers in Lekki, Ajah and Eti-Osa environs to comply with the Masterplan of the area...

71% of house owners lack proof of ownership in Nigeria – NBS

71% of households do not have evidence to prove the ownership of their homes, according to the Nigeria Living Standards Survey (NLSS) report by...

Lagos State to Renovate, Upgrade its Housing Estates

The Lagos State Government, through the Ministry of Housing, is set to renovate, beautify and upgrade its existing Estates to meet 21st Century standards. The...

COVID-19 threatens to ruin a record year for Africa’s hotel developers

African hotel development had returned to growth at the start of 2020, with more than 78,000 rooms in 408 hotels in the pipeline, according...

Global tourism could plummet 80% in 2020 – UNWTO

International tourism could be facing a fall of between 60–80% over the course of 2020 due to COVID-19, the United Nations World Tourism Organisation...

Economic Impact Of COVID-19 On Tourism And Remittances: Insights From Egypt

As COVID-19 reaches everywhere, low- and middle-income countries are racing to respond to this massive and fast-moving challenge. In the first country blog post...

Federal Government Adds Austria and Sweden To List Of High Risk Countries

The Federal Government has added two more countries to the list of high-risk countries following the outbreak of coronavirus. The countries include Austria and Sweden. The...

Retail - Brick & Click

Konga to employ over 100,000 Nigerians through Konga Affiliate project

Composite e-Commerce giant, Konga has revived YUBOSS, a stellar reseller scheme now re-christened as Konga Affiliate through which it is offering millions of smart...

West African Consumer Sentiment Reflects Global Uncertainty – Nielsen

Ghanaian consumer confidence declines by 15 points Nigerian sentiment also experiences a significant decline Lagos, 7 July 2020 - Against the backdrop of the unprecedented...

FoodCo joins the online supermarket rush

Nigerian supermarket chain FoodCo has joined the COVID-19-inspired rush into sub-Saharan e-commerce. Rather than using a third-party, the chain has also launched its own delivery...

All set for Konga discount party by 12pm

Konga is set to host a discount party for the July and third edition of Konga Last Price, a monthly live online auction pioneered...