Author: Staff Writer

As investors streamline their investment portfolios to take advantage of expected opportunities in the market in 2016 and enhance their returns, Chief Executive Officer of Stanbic IBTC Asset Management Limited, Bunmi Dayo-Olagunju, has called on investors to take advantage of mutual funds to hedge their risks. Dayo-Olagunju made the call…

If you are a website with limited funds to spend on web advertising, I think Adblabla is for you. This is taking trade by barter to another level. According to Ehis Asibor, one of the co-founders of the company, Adblabla is a new platform that intends to reset the cost…

Ingenico Group , the global leader in seamless payment, has reached a strategic fifty-thousand terminals landmark to serve the unbanked population and becomes the indisputable Financial Inclusion-enabler in Africa. “This milestone is taking us to the forefront of the Financial Inclusion market in Africa where three quarter of the population…

Foremost financial Institution; Guaranty Trust Bank (GTBank), has launched the #GTBankMobileWin100k competition to reward its mobile banking customers by availing them a chance to win N100,000 weekly in the mBank January rewards. The competition will run throughout the month of January 2016 and ten lucky customers will win N100,000 weekly…

Rotary announces $35 million in grants to support the global effort to end polio, including $15 million to support polio eradication efforts in 5 African countries. In 2015, Africa proved a hub of historic progress against the paralyzing disease. Nigeria – the last polio-endemic country in Africa – was removed from the…

In celebration of its tenth anniversary of Skype video calling, the Microsoft-owned company has launched a new feature – free group video calling on mobile phones. Hitherto, this feature has been available for some years on the desktop, for both Mac and PC, but had yet to make its way to mobile.…

Orange today announced it has entered into a firm agreement with Cellcom Telecommunications Limited to acquire, through its subsidiary Orange Côte d’Ivoire, 100% of Cellcom’s Liberia subsidiary, the leading mobile operator in Liberia, with the strongest market commercial momentum Orange will provide its marketing expertise and world-class technical capability to further…

The Central Bank of Nigeria (CBN) has stated that it will no longer sell foreign exchange to bureau de change operators. In this same vein, the apex bank has also lifted the ban on cash deposits in domiciliary accounts held in Commercial banks. According to the CBN Governor, “We have continued to…

The CES 2016 has come and gone. It was indeed packed with a lot of exciting gadgets ranging from robots, laptops and many more. Here are the top seven products that I fancied from the event. 1.  Even though there were many robots at the CES 2016 but my number one…

Chinese phone manufacturer, Xiaomi, has announced the Redmi 3. This comes just weeks after it released the Redmi Note 3, specifically in November 2015. This all round metal, 5-inch 720P HD display android smartphone is to be at $107 and will initially only be available in China. Related Story: Redmi…

According to Financial Times, Apple Music now has 10 million paying subscribers. The service was launched in June 2015 with a free trial and it took only 6 months to reach this mark. CEO Tim Cook reported in October that had 15 million users out of which 6.5 million were…

MainOne has announced that the high capacity Nigerian-Cameroun Submarine Cable System (NCSCS) connecting Lagos, Nigeria and Kribi, Cameroun has been completed and went live last month. The new submarine cable system will address increasing demand for reliable broadband connectivity in Cameroun, and is a key component of the country’s strategic plan…

ALU, a network of world-class tertiary education institutions offering programs aimed at developing Africa’s future leaders, have admitted 180 students from 22 African countries to African Leadership College, its flagship campus in Mauritius. The Mauritius campus has partnered with Glasgow Caledonian University (GCU), its founding academic partner, who will award the…

According to David Marcus of Facebook, The Messenger team’s mission is to make Messenger the best place to communicate with all the people and businesses in the world. I’m happy to report that we’ve made a good step in that direction, and towards the end of 2015, we crossed the…

The Nigeria Energy Forum presents the 2016 SUSTAINABLE ENERGY AFRICA AWARDS. The award recognizes pioneering individuals, institutions and organizations on excellence, strong commitment, and for significant contribution to the development and/or deployment of sustainable energy technologies and/or solutions in Africa. The awards will be given on the 12th of April,…

The telecom companies in Nigeria have already started reacting to the arrival of Netflix. As you would probably know, you need affordable data plans to enjoy TV or movie streaming. Hitherto it has been thought that data plans were expensive in Nigeria. With the arrival of the biggest player in…

Intel introduced a Segway Robot at the CES 2016  yesterday. This is what you get when the Segway scooter transforms into a personal robot. This contraption was developed by Chinese company Ninebot, assisted by Intel and Xiaomi. The robot stands just about a few feet tall with a head and face…

WeFarm is taking Africa by storm. The tech start-up first launched in Kenya 10 months ago with the goal of getting vital information to small-scale farmers by SMS and they are now replicating their success in Uganda. There are now 43,000 farmers in total using WeFarm. Of this number, 5,000…

Mr James Agada, formerly the Chief Technology Officer of the Company has been appointed as the new Managing Director and Chief Executive Officer of the Company. Mr James Agada is a highly innovative and versatile technology expert. He holds both a first class degree and a Master’s Degree in Electronic…

This seems like a real life case study that would be given to students in an MBA class whether in Harvard Business School in US or Lagos Business School in Nigeria. How would you as the CEO of Showmax address the invasion of Netflix into Africa? Last year, Naspers’ Showmax launched…