Ecobank Offers $50,000 Prize in Fintech Competition
The Ecobank Group has announced the beginning of the 5th Ecobank Fintech Challenge and invited African Fintech entrepreneurs to participate in the event. The competition[more...]
Category: Business
China Writes Off 23 Interest-Free Loans To 17 African Countries
Some African countries are set to benefit from China’s $10 billion International Monetary Fund (IMF) reserve while 17 other African countries will have their loans cancelled[more...]
Konga Holds Virtual Monthly Interactive Sessions Between Mgt Team, Customers
Konga, Nigeria’s leading composite e-commerce giant, has pioneered another exciting initiative, bringing together customers and senior company executives for a virtual interactive session – Chat with[more...]
FG Begins Talks With Airlines to Release $464M in Trapped Funds
There are signs that the relevant government organizations may soon find a solution to the situation involving the $464 million in ticket sales of international[more...]
YouTube Partners Afrochella to Mark World Jollof Day
YouTube has unveiled a series of initiatives to celebrate World Jollof Day. Since 2015, World Jollof Day has been observed on August 22 to spotlight[more...]
Ford faces $1.7 Billion Damages Bill Over Two Deaths Linked to Truck Design
Ford could be forced to pay $1.7 billion in damages linked to F-250 roof design, per Bloomberg. Ford was previously ordered to pay $24 million[more...]
Vulcanisers, Drivers, Others to Pay Tax in FCT
The Federal Capital Territory Internal Revenue Service (FCT-IRS), says it has embarked on an aggressive drive to capture more people in the informal sector in[more...]
Lekki Deep Seaport To Create 112,000 Jobs
Sambo gave the declaration on Sunday while speaking to newsmen in Jalingo. He said that the port, which was second in Nigeria after Onne Deep-Sea[more...]
China To Open Market for Nigeria’s Art, Crafts — Envoy
Mr Li Xuda, Cultural Counselor of the China Cultural Centre, Abuja says China will open its market to Nigeria for the West African country to[more...]
Zambian Minister seeks Dangote’s Collaboration on Agric Sector Development
The Zambian Minister of Commerce and Industry, Mr Chipoka Mulenga, has urged the President of Dangote Group, Mr Aliko Dangote, to collaborate with the Zambian[more...]
JUST IN! NBC Extends Deadline for AIT/RayPower, 51 Others to Pay Debts
The National Broadcasting Commission (NBC) has extended the revocation of the operating licences of 52 broadcast stations owing debt amounting to N2.6 billion in licensing[more...]
Plane Missed Landing As Pilots Sleep Off
An Ethiopian flight missed its descent into a major airport because the pilots reportedly fell asleep. Ethiopian said it's investigating the incident, which was reported[more...]
President Buhari Expresses Concern Over Never-Ending Incidents of Oil Theft
President Buhari said oil theft has made it impossible for the government to earn income money to be able to fulfil its obligations to citizens.[more...]
Airline Operator Urges FG to Release foreign Airlines’ $450m Ticket Sales
Chief Executive Officer of an aviation company, Mr Segun Adewale, has urged the Federal Government to expeditiously repatriate the 600 million dollars ticket revenue belonging[more...]
E-commerce Platform Omnibiz, Raises $15 Million For Expansion in Nigeria
The round was led by Timon Capital with participation from Ventures Platform, Lofty Inc, Chapel Hill Denham, Chandaria and Musha Ventures. Omnibiz will use the[more...]
NBC Revokes Licences Of Silverbird, AIT, Raypower, Rhythm FM, Others
The National Broadcasting Commission (NBC) has revoked the broadcast licences of Silverbird TV, AIT, Raypower FM, and Rhythm FM amongst others over failure to renew[more...]
How Nigeria Spends N18.397b Daily on Subsidy – Finance Minister Reveals
The Minister of Finance, Mrs Zainab Ahmed, said Nigeria spends N18.69 billion daily on petroleum subsidies. The Minister while appearing before the House of Representatives[more...]
Real Reason Emirate Suspended Flight To Nigeria
Emirates had about two weeks ago said that it had about $85 million in Nigeria. When the suspension starts: The airline in a statement on Thursday,[more...]
Jumia Excites Consumers With Back-To-School Campaign
Leading e-commerce platform in Nigeria, Jumia, is running its ‘back-to-school’ campaign, which is open to consumers nationwide till 28th August 2022. The campaign offers consumers the[more...]
FG to Use NTA’s Transmission Facilities for Digital Switchover
Digital Switchover is the process of changing the method of transmitting television from analog to digital. And Nigeria has been on this journey since June[more...]
