Author: Staff Writer

The Pew Research Center has collected data surrounding how much money flows in and out of countries the world over. In 2016, Nigeria received more than $5.6 billion in remittances from the United States alone. During the same period, Egypt received more than $850 million, Ghana received more than $580…

Innovation Village is giving away one (1) Nokia 3 smartphone. Launched in 2017, the Nokia 3 smartphone is a beautifully designed Android phone with all the essentials. Operating System: Android &.0 Nougat CPU MTK Quad-core 1.3Ghz 8 MP autofocus cameras, back and front LTE 4G connectivity 5” polarised HD Corning®…

Two US based investment firms, TPG Growth and Evolution Media, have acquired a majority stake in South African based entertainment company, . TPG Growth is the middle market and growth equity investment arm of private equity giant TPG while Evolution Media is the investment and advisory services firm created by Creative Artists Agency and TPG. “By partnering…

Taiwanese mobile phone manufacturer, Asus, has announced that it will launch the Zenfone 5 at the upcoming 2018 Mobile World Congress in Barcelona. This was done via a tweet as shown below and it has also created a page for the countdown to the launch https://twitter.com/ASUS/status/958641073877929984 The press event is…

If you don’t want the usual uberX or UberSELECT options in Kenya, Uber has introduced another option called uberCHAPCHAP. Why uberCHAPCHAP you might ask? For one is cheaper for the customer. Check out the comparison in the three options According to an Uber spokesman in a statement, “With the launch of…

LifeBank, Nigeria’s digital blood bank, has raised $200 000 for expansion nationwide. Investors in this seed round include EchoVC Partners, a Lagos-based venture capital firm and Fola Laoye, an angel investor with over 20 years of experience in Nigeria’s healthcare industry. Co-Creation also participated in this funding round. Before this funding,…

In an update on its Advertising Policies page, Facebook has created a new policy that prohibits ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency. According to Rob Leathern, Facebook’s Product Management Director in a…

Marvel has just released a new trailer of the upcoming movie – Ant-Man and the Wasp. This new film is more or less a sequel to the 2015 Ant-Man movie featuring Paul Rudd as Ant-Man. In this movie, he gets a partner in the form of The Wasp acted by Evangeline…

The United Nations, in collaboration with the Civic Innovation Lab, is organising a Hackathon on 5-7th of Feb 2018 in Abuja. They are calling all developers and problems solvers to register their interest to help us to create a solution that would enable Nigerian Government to efficiently roll out the…

nChain Group, the leading blockchain research and development firm, has taken an equity stake in Centbee, a Bitcoin wallet provider that makes it easy for a global consumers to acquire, hold and spend Bitcoin with retailers and other merchants.  The funding deal was made through the nChain Group’s investment entity, nChain…

A New Year is here once again and you’ve realized that you had way to much fun  and spent all your Christmas bonus. You have lots of new items, gifts from your loved ones, and not a lot of available space. Not really a good start to the year, eh?…

An African based solar system startup, Off Grid Electric, has raised $55 million in Series D round led by Helios Investment Partners, including GE ventures, the venture capital subsidiary of General Electric Company. According to the company, the money raised will, in part, fund its expansion into Ghana, where it will…

Mike Ogbalu III is the new CEO of Verve International, one of the subsidiaries of Interswitch Group. He replaced the former CEO, Charles Ifedi, one of the pioneer staff of the company. Mr Ifedi, a first class graduate of Computer Science from the University of Ilorin, Nigeria and an MBA…

The Nigeria’s e-commerce industry is estimated to be worth over $12 billion with over 300, 000 daily orders via various online platforms. However, many online businesses in Nigeria are going through ‘Hell on Earth’ because of poor, unreliable and in some cases non-availability of instant delivery services. Painfully, countless numbers…

The Nigerian bobsled female team that will be participating at the 2018 Winter Olympics is the focus of the latest advert of Beats By Dre’s global Above the Noise campaign. The trio comprising of driver Seun Adigun and brakewomen Ngozi Onwumere and Akuoma Omeoga make history by being the first African…

Ex-Vodacom SA Executive, Mzamo Masito, has joined Google as its new Chief Marketing Officer for Sub-Saharan Africa. Before taking up the job, Mzamo was the Managing Executive, Brands and Comms Africa Group. He was also a lecturer at the AAA School of Advertising and serves on the GIBS advisory board.  He previously…

Google has announced that staring in 2018, page speed will be a ranking factor for mobile searches. According to Google, “The “Speed Update,” as we’re calling it, will only affect pages that deliver the slowest experience to users and will only affect a small percentage of queries. It applies the same…

Instant messaging service provider, WhatsApp Inc., has launched a new app for small businesses to connect and chat with their customers. It is called WhatsApp Business app. Here are the features of this new app: Business Profiles: Help customers with useful information such as a business description, email or store addresses,…

Guangzhou Automobile Company (GAC Motor), one of the top five biggest Chinese automobile manufacturers, has secured the exclusive rights for the flagship FORBESAFRICA television show, My Worst Day with Peace Hyde. The partnership comes after the successful launch of the first season, which profiled some of the leading business moguls including Aliko Dangote, Folorunsho Alakija, Tonye Cole, Herman Mashaba, Emir Sanusi Lamido Sanusi among many others. “We are very pleased to have this new partnership with GACMotor. The show has one of the highest viewerships on the Pan-Africanbusiness channel, CNBC Africa, and has set the benchmark as the…

The XOOPAR Boy Mini Speaker giveaway closed on Friday 5th of January, 2018. We had 1,154 entries and after the Rafflecopter draw, the lucky person drawn is …Emmanuel, D; Hussaini A, and Romiluyi, O. We have contacted them and they will be receiving the Speakers very soon. Congratulations ? To all those who…