Author: Staff Writer

OLX, Nigeria’s number one online classified partnered with Mobile Monday Nigeria (MoMo) a global community of mobile industry developers, designers and influential individuals who facilitate cross-border business cooperation and development in a conference themed “Making E-commerce more secure in Nigeria”. Speakers at the event were Ope Adeoye, Manager, Strategy and…

Global electronics leader, Samsung Electronics West Africa has commenced its Launching People initiative through its Employee Volunteer Program held recently. The company which prides itself in manufacturing cutting edge products, used this avenue to provide a platform to prepare Nigerian youths for the future. Brovo Kim, Managing Director, Samsung West…

The Johannesburg Stock Exchange has suspended trading in MTN shares. This was carried out by JSE on Monday morning and confirmed in a telephone interview between Fin24, an Naspers owned news service and Chris Maroleng, the executive for group corporate affairs at MTN Group. According to the Stock Exchange, “The…

In light of the current economic challenges facing businesses in emerging markets, MainOne and Microsoft have called for the adoption of data center colocation and enterprise cloud solutions, stressing benefits that include cost savings and high availability. Speaking during a presentation at the MainOne/Microsoft Enterprise Seminar on “Innovative Business Models:…

Foremost financial Institution; Guaranty Trust Bank (GTBank), has unveiled the SKS Young Inventor Competition which is expected to run between October 27th and November 30th. The SKS Young Inventor Competition is an amazing journey to find the next generation of inventors and forward thinking citizens, committed to the growth of…

For the first time in months, the Nigerian Communications Commission (NCC) announced a drop in the Nigerian telecoms subscriber numbers. According to the recent numbers put up by NCC on its website today, the number of telecom subscribers was 150,660,631 as at September 2015. This is a drop when compared…

Bestman Games Limited the African distributor of customized editions of the Monopoly board game owned by Hasbro, a leading games manufacturer is collaborating with Corona Schools to commemorate her 60th anniversary with a customized Monopoly board. The Chairman of the Corona Schools 60th Anniversary Committee Mrs. Bimbo Joseph announced this collaboration,…

An agreement has been reached between South Korean’s technology giant Samsung to sponsor Rihanna’s upcoming album, Anti, and tour for $25 million. Rihanna is signed onto Roc Nation owned by Jay Z who has had a good relationship with Samsung such as its 2013 deal with Jay Z on the…

The Nigerian Communications Commission (NCC) has given MTN Nigeria till November 16 to pay the fine imposed on it for failing to deactivate the unregistered SIMs on its network. According to a Reuters report, NCC spokesman Tony Ojobo said MTN had until Nov. 16 pay up, but the two sides were…

Africa’s largest online hotel booking platform Jovago.com has announced a partnership with the Rwandair, Rwanda Airlines company. The collaboration aims to ease the hotel search and booking process in Africa for Rwandair customers. “We are proud to partner with a distinguished institution such as Rwandair. They are committed to promoting…

The Board of UAC Foods Limited has announced the appointment of Chidi Okoro as the new CEO of UAC Foods. Prior to becoming the new CEO, Chidi Okoro was the General Manager – Africa Lucozade Ribena Suntory responsible for setting up teams, processes and integrating the Africa operations to develop…

Bamboo Finance, a private equity firm specializing in investing in business models that benefit low-income communities in developing economies and Louis Dreyfus Holding, which owns a controlling stake in leading global agribusiness Louis Dreyfus Commodities, announced today a partnership to launch and jointly manage NISABA, a US$50 million impact investment…

Android phone users in Nigeria have more exciting stuff to look forward to with the launch of the MyAds app. The recently unveiled app “MyAds”, a product of SiDon Media Ltd. is an app that enables its users host ads on their android phones. The App was officially launched today, 29th…

According to Bloomberg, MTN Group’s share price dropped by 12% in one day on account of the news that the Nigerian entity was fined $5.2 billion failing to disconnect customers with unregistered SIM cards Nigeria woke up to the breaking news from Technology Times that MTN was fined the biggest…

As part of its financial inclusion drive, Skye Bank has launched the “Skye Pearl” initiative to help its female customers unlock their potentials. The initiative which was unveiled at the weekend, is a platform that offers series of benefits to sit-at-home mothers, professionals and women-owned SMEs, by offering them a chance to grow and expand…

How would you feel rolling in the office on a Swagway X1? Well check our Sam Sheffer of Mashable rolling on one in the office. What do you think? Wouldn’t you like to get your hands on one of these beauties? The Swagway is the next step in the evolution…

South African media giant, Naspers, has acquired shares from existing shareholders in Russian classifieds platform, Avito to increase its stake from 17.4% to 67.9%. With this purchase, Naspers becomes the largest shareholder in Avito Naspers initially invested in Avito, Russia’s largest generalist classifieds platform, in 2013. Since then the company successfully expanded…

On Tuesday October 20th, the Dr. Ameyo Stella Adadevoh (DRASA) Health Trust’s inaugural event brought together health professionals, government representatives, businessmen and women, high-profile individuals, and more to celebrate one year of Nigeria’s Ebola-free status and the heroes and heroines that made it possible. At the fundraising/launch event, held at…

The maiden edition of the Konga Seller Summit held on the 17th of October, 2015 at the Eko Hotel and Suites, Lagos. The summit was attended by close to a thousand burgeoning business owners and entrepreneurs. Delivering the keynote address entitled “The E-commerce Revolution in Nigeria: Where We Have been,…

Interswitch, Africa’s leading digital payments and commerce provider, announces that its multi-channel payment platform Quickteller, is now fully integrated with Visa and can accept all Visa transactions through its platform. Visa cardholders will now be able to use their cards to buy airtime, pay bills and transfer funds across all…