Author: Staff Writer

The Guardian , Nigeria’s most credible and trusted newspaper, is pleased to announce the launch of Guardian Brand Studio, an innovative multiplatform content marketing solution for advertisers. Following on from the launch of Guardian TV and the overhaul of its digital platforms, this launch demonstrates The Guardian’s ongoing commitment to…

Time Magazine has named America’s President-elect, Donald Trump, as the 2016 Person of the Year. In specific words on the cover edition, Time says “The 2016 Person of the Year is Donald Trump, the President of the divided states of America” According to Nancy Gibbs of Time Magazine, This is…

Konga, Nigeria’s largest online shopping mall, today reveals that Yakata 2016 was the company’s biggest shopping period in its four year history. The online ecommerce giant reveals that it processed 155,000 orders totalling N3.5bn within the sales period. Yakata, which literally means ‘when something big falls in a big way’,…

You are never too old to read a book. Bill Gates shares his favourite books of 2016. He says reading books is his favourite way to learn about a topic. Can you imagine he has been reading about a book a week on average since he was a kid? Even with…

Uber is partnering with Slum2School to make it easy for you to give this festive season. This is the second time both companies are partnering for a social cause like this. Last year, it was “Christmas in a Box” This Saturday, 10th of December, Uber is using its technology to help…

SimbaPay, a digital money transfer provider based in United Kingdom, today announced the launch of its money transfer service to Ghana and Uganda. With this launch using the SimbaPay app or website, Ghanaians and Ugandans living in Europe can now send money to mobile phones in Ghana or Uganda instantly. According to…

President-elect, Donald Trump has appointed Nigerian Adebayo Ogunlesi, as part of a 16-man Strategic and Economic Forum to provide advice to his proposed government. The forum, comprising of some of America’s most highly respected and successful business leaders, will be called upon to meet with the President frequently to share their specific…

Here are six young Nigerian entrepreneurs currently trending in their various fields of endeavour in America. Emeka Anen Based in Los Angeles California, Emeka Anen is the CEO of THRONE, (formerly known as InstaSneaks) an online sneaker and streetwear marketplace app. The app provides a simple, safe and mobile-first solution for…

Lagos Business School (LBS), Pan Atlantic University, has become the first institution in West Africa to be accredited by the Association to Advance Collegiate Schools of Business (AACSB). With effect from December 1, 2016, LBS joins the league of less than 5% of business schools globally, to be accredited by this…

OLX, Nigeria’s number one online classified, won the award for best classified ads website of the year at the sophomore edition of the Nigeria Technology Awards (N.i.T.A) which held on Saturday, November 26, 2016 in Lagos. While receiving the award on behalf of the company, Goodluck Ikporo, Business Operations &…

International mobile phone brand, TECNO Mobile has partnered with English Premier League’s Manchester City Football Club in a global multi-year relationship. As the Official Tablet and Handset Partner of Manchester City Football Club, TECNO Mobile will work with the Club to grow their strategic marketing and advertising campaigns across the…

The CEO of eTranzact International PLC, Mr Valentine Obi believes that the implementation of Enhanced Strong Authentication system (ESA) which, in addition to the Applock technology, will significantly help reduce cybercrime and fraud in POS, Mobile and web transactions. This in turn can translate to a savings of over 200 billion Naira…

Bharti Airtel has announced that it has acquired Econet’s 4.2% stake in its Nigerian operating entity. According to Bharti Airtel; “Bharti Airtel International (Netherlands) BV through its wholly-owned subsidiary, has completed the acquisition of Econet Wireless Limited’s entire 4.2 per cent shareholding in Airtel Nigeria.” “As a result, Airtel’s overall…

The government of Zimbabwe has completed the acquisition of Telecel shares from Vimplecom and Global Telecom. The government said in July 2015 that it had the agreement of VimpelCom to take over Telecel, but it was unable to provide the agreed $40 million. In a communique published by TechZim, the CEO,…

The Nigerian Communications Commission has suspended the planned increase of data tariffs. The telecoms regulatory body said the suspension was to allow for further consultation.  This is however not unconnected to the public outcry against the increase. The Senate also issued an order to halt the increment. https://twitter.com/NgComCommission/status/803959502055899136 In a…

Societe Generale announces that it has signed a merchant acquiring partnership with American Express in eight countries in Sub-Saharan Africa where the Bank operates. These countries include Benin, Burkina Faso, Cameroon, Chad, Guinea, Ivory Coast, Madagascar and Senegal. The agreement involves both online sales and POS payments through electronic payment terminals. This…

In the Rocket Internet Q3 results published today, Jumia recorded a 40% increase in gross margin despite a decrease in net revenue and cost of goods sold. It posted a gross profit of 21.8 million Euros compared to 18.3 million Euros last year. However net revenue decreased to 54.4 million…

Samsung’s commitment to producing innovative, life-changing products and services will be on display in its new campaign tagged, “Open Your Mind.” Samsung Electronics West Africa stated that the campaign will demonstrate Samsung’s commitment to innovation, quality and service to its consumers. The campaign will also serve as a reminder to…

Applications have opened for the Barclays Accelerator programme, powered by Techstars, an initiative aimed at uncovering the next M-Pesa or Paypal by working with exceptional fintech entrepreneurs innovating Africa’s financial services industry. This collaboration between Barclays Africa and Techstars offers a game-changing opportunity to 10 qualifying fintech startups, which will…

LeapFrog Investments has acquired a majority stake in for $22 million thereby giving East Africa-focused private equity firm Catalyst Principal Partners a full exit from the firm which it first backed in 2014. Goodlife plans to use LeapFrog’s investment to expand its network from nineteen locations to more than one hundred stores…