Founder and CEO of Salesforce, Marc Benioff and his wife, Lynne have agreed to purchase “TIME” magazine. This was revealed via an announcement by Time’s parent company, Meredith Corporation. Meredith Corporation stated that the Benioffs are willing to buy the weekly publication for $190 million in cash. Mr Benioff is following…
Author: Staff Writer
On September 21st 2018, in collaboration with Merck, Seedstars will gather experts in the field of healthcare and life sciences to provide a platform for a group of talented entrepreneurs who will pitch to win the chance to collaborate with Merck. The Merck Accelerator Lagos Satellite Program is the final…
So many great ideas are thought up every day, but how many actually become products? Beyond that, how many of those great ideas reach mass production? In this modern age, it’s becoming easier to develop your project from start to finish. Advancements in technology like 3D modeling, artificial intelligence, and…
Ex-Accenture staff, Omowale David-Ashiru, has been appointed as the first female country director for Andela Nigeria. Omowale is taking over from Seni Sulyman who has moved on to become the Vice-President, Global Operations for the same company, Andela. She will lead the 600+ strong Andela people dedicated to creating and…
Dr Omobola Johnson, former Nigeria ICT Minister, has been appointed as a member of the World Wide Web Foundation Board of Directors. Her expert knowledge of technology policy and life-long commitment to enabling connectivity for all will provide invaluable guidance for the Web Foundation as we fight to ensure everyone…
European digital money transfer service, Azimo, recently, announced a strategic partnership with leading African payments business, Interswitch Group, to further enable instant money transfers from 23 countries in Europe to any customer in Nigeria. Speaking on the partnership, Michael Kent, Founder and CEO of Azimo, stated that Nigeria’s teeming population…
The Central Bank of Nigeria (CBN) has mandated four banks – Citibank, Standard Chartered, Stanbic IBTC and Diamond Bank – to pay a total sum of N5.87 billion for purportedly issuing irregular certificates of capital importation (CCIs) on behalf of some offshore investors of MTN Nigeria Communications Limited. The top bank…
In WordPress, how your site “looks” is controlled by the “theme”. A theme is a computer program written in the PHP programming language that runs on your site as part of the WordPress platform. Keep reading for your guide to understanding how to get the best custom design for your…
Samsung Pay, Samsung Electronics mobile payment service, has launched in South Africa, making it the 24th market worldwide and the first in Africa. Samsung Pay enables users make mobile payment using MST and NFC technology and provides a flexible payment solution that features the benefits of both a physical and mobile…
The 7th edition of DEMO Africa will be held on October 18-19, 2018. The selected startups will participate in a venture creation bootcamp and present to an audience of global investors and technology luminaries Following a few months of innovation roadshows, city tours and virtual adjudication, the management team of DEMO…
Tayo Oviosu’s Paga has hit the 9 million unique user mark. This means that the mobile payment platform has served over 1 million people since it hit 8 million users 4 months ago. Here is Paga’s journey to 9 million unique users according to them; Growth — Since 2012, we have processed…
South African based ecommerce and media giant, Naspers, has committed to invest another $500 million in classifieds app, letgo. This was disclosed by the 3 year-old startup based in America. Naspers invested $100 million in 2015 and another $175 million in 2017. letgo alos announced that they had already received…
In Nigeria, a country of nearly 200 million people, 61% of the adult population is un- or underbanked. Fintech companies like Paylater represent a tremendous opportunity to get formal banking services in the hands of Nigerian consumers to provide much needed liquidity for entrepreneurial investment, personal development, or unexpected expenses.…
When it comes to tech giants, then Microsoft is one of the biggest names. The company has been around for many years and is known to produce some of the best IT products. If you are someone who is fond of academics and knowledge in general, then you will be…
iPhone maker Apple has become the first US company to reach $1 Trillion market capitalisation. According to Bloomberg, the shares rose 2.9 percent to close at $207.39 in New York on Thursday, propelling the consumer-technology giant’s market value to $1.002 trillion. The consumer tech giant reached the trillion-dollar milestone just with…
Communicating is a fundamental aspect of any business. It usually takes place between several groups of people, whether that be between departments, businesses and customers or businesses and partners. For this reason, it is imperative that communications are as seamless as possible. A failure to do so could result in…
The Google for Nigeria event kicked off today with a keynote event at the Landmark event centre in Lagos, Nigeria. The event had several dignitaries and government officials in attendance, including the Vice President of the Federal Republic of Nigeria, Professor Yemi Osinbajo and the Country Director for Google, Juliet…
Sterling Bank, one of commercial banks in Nigeria, released a new ad this week which seemingly throws shade at some of the bigger banks – Union Bank, First Bank, Access Bank and Guaranty Trust Bank and this has brought about epic clapbacks. As can be seen in the ad image…
Ahmad Mokhles has joined Liquid Telecom as the new Group Chief Operating Officer. Before his appointment, he was the COO for Airtel Nigeria. Before that, he served as Executive Vice President of Consumer and Digital Business for du, overseeing the company’s Smart City business, and has also served as CCO for…
Kenyan start-up Apollo Agriculture has received $500,000 from Dutch Development Bank FMO and the Rabobank Foundation. Apollo Agriculture supplies small Kenyan farmers with high-quality farming inputs on credit, crop insurance and voice-based training. The startup uses a unique ‘high tech, low touch’ model by leveraging advances in mobile money, machine…