adidas considers selling Reebok

German sportswear giant, adidas is reportedly mulling the sale of its Reebok brand, the British sportswear label it acquired in 2006 for $3.8 billion.

BCW named PRovoke 2020 Global Agency of the Year

BCW (Burson Cohn & Wolfe), was named Global Agency of the Year at PRovoke Media’s 2020 Global SABRE Awards ceremony, which was held virtually on October 21. The global communications agency, an affiliate to CMC Connect BCW in Nigeria, was praised for its innovative new client offerings, attracting exceptional new talent and delivering consistently strong performances across all regions.

Coca-Cola Announces Plan to Discontinue 200 Drink Brands

One of the biggest players in the global drinks industry, Coca-Cola has announced plans to discontinue production of half its current beverage portfolio.

New WhatsApp features rolling out to Android and iOS

WhatsApp has released new beta updates for the iOS and Android versions of its messaging application, WABetaInfo reports. According to the report, the latest WhatsApp beta update released for iOS through the TestFlight beta programme includes advanced wallpaper configuration tools.

Jumia Targets 2020 Revenue Recovery With Black Friday Campaign

Jumia Nigeria has announced its plans to leverage on the 2020 Black Friday campaign to close the revenue gap created by the COVID-19 lockdown for most businesses in the country.

Anzisha Prize awards its top honour to 21-year-old Egyptian Entrepreneur

With a pool of talented finalists from more than 15 African countries, the 2020 Anzisha Prize – the premier award for Africa’s youngest entrepreneurs – goes to Alaa Moatamed, a  young female entrepreneur whose venture provides business owners with an affordable and convenient delivery service for customers.

Bayer Rosmarin appointed as Airtel Africa non-Executive Director

Airtel Africa plc, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa has announced the appointment of Kelly Bayer Rosmarin as a non-executive director with effect from 27 October 2020.

Mastercard launches a new low-cost payments solution for SMEs in Nigeria

Mastercard has launched a new low-cost payments solution that enables small business owners to move their businesses online and accept a range of digital payments from their customers.

Okonjo-Iweala Emerges First African to Lead World Trade Organisation

Nigerian-born economist and international development expert, Ngozi Okonjo-Iweala, has been appointed the Director-General of the World Trade Organisation (WTO). She became the first African and first woman to lead the Organisation.

Liquid Telecom raises US$307m to expand Africa data centre

Liquid Telecom, Africa’s largest fibre network provider, has raised US$307 million from shareholders to expand its data centre business and the new money includes an additional US$40 million equity investment from the CDC Group, the UK’s development finance institution. This is CDC’s second investment in Liquid, after a US$180 million equity investment in 2018, which gave CDC a 10% stake in Liquid.

Why Airtel Touching Lives won Marketing Edge Innovative CSR Leadership Award

It was glitz, glamour and elegance at the Marketing Edge Awards Night as distinguished Integrated Marketing Communications (IMC) and media practitioners recently converged at D’Podium International Event Centre on the highbrow Aromire Avenue, Ikeja, Lagos.

NBC sanctions AIT, Arise TV, Channels, over unverified videos

The National Broadcasting Commission has penalized Africa Independent Television (AIT), Arise TV, and Channels TV for what the Commission referred to as "a gross violation of the broadcast code, especially employing the use of unverifiable online video footage on social media.

MTN Group appoints Karl Toriola as new MTN Nigeria CEO

MTN Group has announced the appointment of Karl Toriola as the new MTN Nigeria CEO and the incumbent Ferdi Moolman, the Group Chief Risk Officer. The two new executive appointments will take effect from 1 March 2021.

NCC Grants MTN, 9mobile Approval for National Roaming Service

The Nigerian Communications Commission (NCC) has granted approval for two mobile network operators (MNOs) to carry out trial on National Roaming Service for a period of three months, commencing from August 1, 2020 and to end by October 31, 2020.

Jack Dorsey to Keynote at Africa Fintech Summit 2020

Dedalus Global and Ibex Frontier have announced Jack Dorsey as the closing keynote for this year’s Africa Fintech Summit. The Summit is being held virtually on November 9, 10, and 12.

Western Digital and Dropbox Team to Accelerate Deployment of Leading-Edge Cloud Infrastructure for Today’s Online World

Empowering the world’s most essential data infrastructures, Western Digital Corp. has announced that Dropbox Inc., a leading global collaboration platform, is one of the first to qualify the Ultrastarâ DC HC650 20TB, host-managed, shingled magnetic recording (SMR) hard disk drives (HDD).  

HP Unveils New Spectre x360 14 Laptop for Home Use

HP Inc. has unveiled the HP Spectre x360 14, offering the viewability of a 15-inch device with the mobility of a 13.5-inch form factor for the ultimate browsing, reading, editing, and viewing experience. Also announced today is HP’s expanded 11th Gen Intel Core Processor Spectre and ENVY line up, packed with incredible performance gains and increased battery life for the perfect work-at-home lifestyle.

African travellers to relish A380 to Jordan through Dubai

African travellers, including Nigerians, have now got the opportunity to travel from Africa through Dubai to Jordan as Emirates will be providing more options and choices for its customers with the introduction of scheduled Airbus A380 services to Amman as part of its expanded schedule of 10 weekly services. 

adidas unveils Recyclable UltraBOOST DNA Loop Sneakers

Sportswear giant Adidas has launched a fully recyclable sustainable running shoe as part of its ‘Made to be Remade’ project. The Adidas UltraBoost DNA Loop, was unveiled as part of the sportswear brand’s new Creators Club Week, and have been created from a single material with zero glue. 

Jubilee Insurance and Allianz forge Strategic Partnership

...aim to expand and broaden the insurance markets across East Africa

Jubilee Holdings Limited (“JHL” or “Jubilee Insurance”), East Africa’s largest insurance group, and Allianz, one of the world's leading insurers and asset managers, have signed an agreement to establish a strategic partnership in the five African countries where Jubilee Insurance currently operates. 

Africa Women Innovation and Entrepreneurship Forum Announces Speaker Line-up for AWIEF2020 Conference

The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has announced plans to hold its 6th Annual Conference and Awards on 2nd and 3rd December 2020. Since its inception, the AWIEF has remained Africa’s largest and most prestigious women entrepreneurship platform where participants can network, connect and build new business relationships.

COVID-19: IAA Hosts High Pitch Conversations to Review Brands & Industry Impact

To review the impact of the global crisis caused by the COVID-19 pandemic on businesses in the Marketing Communications Industry and its implication on brands, the International Advertising Association (IAA) Nigeria Chapter is set to hold the maiden edition of its High Pitch Conversation event with the topic, “COVID-19 and the Power of Empathy Marketing”.  

All Set For Virtual 2020 Africa Fintech Summit

...over 1,000 attendees and 60+ speakers calling in from 10 different time zones across 6 continents

The fifth Africa Fintech Summit will be hosted virtually this year through the Accelevents platform on November 9th, 10th, and 12th, 2020. The Summit takes place at the backdrop of the global COVID-19 pandemic that has brought an unprecedented need for digital trade & finance and positioned fintech as key to economic recovery.

Nokia secures $14.1m NASA funding to roll out 4G on the Moon

Finnish telecoms giant, Nokia has announced that it is working with the US space agency, National Aeronautics and Space Administration (NASA) to ensure that the new wave of lunar astronauts will be able to post their experience to their Instagram account if they so desire.

Heritage Bank to engage 774, 000 jobs Special Public Works Programme November 1st

Heritage Bank Plc, Nigeria’s Most Innovative Banking Service providers is set to commence the account opening with Bank Verification Numbers (BVN) for the earmarked 774,000 participants of the SPW Programme in their branches, throughout the 774 Local Government Areas.

P&G partners National Centre for Women Development to Commemorate 2020 International Day of the Girl Child

…donates Pampers diapers and Always sanitary pads to promote hygiene management in Nigeria

Leading Consumer Goods Company in Nigeria, Procter & Gamble, has partnered the National Centre for Women Development (NCWD) to celebrate the 2020 International Day of the Girl Child. With this initiative, P&G has provided 4,000 Always sanitary pads and 20,000 Pampers diapers to promote health and hygiene management amongst young mothers and adolescent girls in the rural areas of the Federal Capital Territory (FCT) and Cross River state. 

#EndSars: I Ordered Closure of Flutterwave's Payment Channel - Chairman

Contrary to the news making the rounds that the Central Bank of Nigeria ordered the closure of Flutterwave payment channel, the Chairman of Flutterwave, Tunde Lemo, a former deputy governor of the apex bank, according to emerging reports directed the suspension of the fintech firm’s payment platform.

CNN’s African Voices Changemakers meets the Ikorodu Bois

Recently on African Voices Changemakers, CNN’s Arit Okpo meets the Ikorodu Bois, the Nigerian kids using their creative talent to take over social media and Hollywood.

Emirates Enlightens the world on Human Trafficking through ‘ice’

Emirates is proud to enlighten the world about the misconceptions and the reality of human trafficking and exploitation happening globally by supporting It’s a Penalty’s campaign’s newest global film “What is Human Trafficking?” which is now available on ‘ice’.

Understanding a Limited Liability Company (LLC)

The Limited Liability Company or LLC is an alternative type of business entity. A Limited Liability Company or LLC is like a corporation regarding limited liability, and it’s like a partnership regarding the flexibility of dividing profit among the owners. An LLC can elect to be treated either as a partnership or as a corporation for federal income tax purposes. Consult a tax expert if you’re facing this choice.

How Artificial Intelligence helps Huawei build Green Data Centres

Data centres are being overhauled, revamped and modernised to support digital transformation and the power-hungry cloud deployments they contain.

9mobile in massive nationwide customer loyalty reward campaign

…over 59million naira, 3000 smartphones won in ongoing Mega Millions Promo

In a bold move to further strengthen its customer experience niche while also rewarding and empowering its subscribers especially in the wake of the economic effects of the Covid-19 pandemic, Nigeria’s leading customer-centric telecommunication company, 9mobile, has continued to reward customers with millions of naira and smartphones across the country. So far, the promo has rewarded over 59 customers with N1million each and given out 3,000 smartphones and counting to lucky winners. 

#EndSars: Lagos NIPR Call For End of Police Brutality

…Seeks Reorientation of the Men of the Nigeria Police Force

The Chairman of the Lagos Chapter of the Nigerian Institute of Public Relations; Segun Mcmedal, on Tuesday, October 13th, 2020 called for an immediate end to police brutality in the country.

Red Star Express Reports N10.5billion Turnover

One of Nigeria’s foremost logistics solutions providers, Red Star Express Plc, has again posted profits in its annual turnover. For the year ended in March 2020, the company recorded an impressive turnover of N10.5billion in the year under review which is a 5percent increase over the preceding year. This was announced at the 27th Annual General Meeting of the company held recently in Lagos.

Bringing Design to the East, Mbari Uno Forum Partners with NzukoLabs and Society of Igbo Professionals.

Mbari Uno Forum is proud to announce her partnership with NzukoLabs and its first project, Obodo Oma, the urban reimagining initiative by the Society of Igbo Professionals. The partnership is an endeavour that is poised to establish a platform that promotes collaborative problem solving through design innovation, invention, education, and collaboration. 

Olori Sekinat Elegushi Opens Multi-billion Naira Event Centre In Lagos

...holds a classy birthday party for Sanwo-olu’s aide

A woman with virtues will always find reasons to add more to her husband’s high-flying fortunes, and will continue to take great steps in this dimension, especially when her husband is in the vanguard of doing great things for his people.

Top 10 Finalists of “Africa’s Business Heroes” Grand Finale Announced

...Confirmed finale judges include Jack Ma, Ibukun Awosika, Strive Masiyiwa and Joe Tsai

Ten finalists, 50% female and from eight African countries, gear up for grand finale pitch in November; confirmed finale judges include Jack Ma, Ibukun Awosika, Strive Masiyiwa and Joe Tsai; ABH televised show featuring this year’s competition will air in November and December.

ENGIE appoints Gillian-Alexandre Huart to lead its Access to Energy business in Africa

ENGIE has announced the appointment of Gillian-Alexandre Huart as CEO of ENGIE Energy Access, its Access to Energy business in Africa, tasked with providing millions of households and businesses across the continent with clean and affordable energy.

Western Digital Redefines the Next-gen Gaming Experience with Expanded WD_BLACK Portfolio

Western Digital Corp. is helping gamers enhance their setups and adapt to the evolving gaming landscape heralded by the next generation of games with today’s introduction of three new and upcoming products for its WD_BLACK portfolio of storage solutions. These include its first NVMe solid-state drive (SSD) with next-gen PCIe Gen4 technology, a fully bootable Gen3 x8 add-in-card and a Thunderbolt 3-powered NVMe SSD gaming dock, each offering eye-catching RGB lighting options.

ICD Completes Pricing for a 5-Year USD 600 Million Sukuk Issuance

The Islamic Corporation for the Development of the Private Sector, (ICD), a multilateral development financial institution and the private sector arm of the Islamic Development Bank Group (IsDBG), announces successful completion of the pricing of a five-year USD 600 million Sukuk issuance at MS + 140bps.  

Huawei Releases Banking Resilience Index for 2020 and Beyond

At HUAWEI CONNECT 2020, International Data Corporation (IDC), the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications and consumer technology markets, along with Huawei (www.Huawei.com), have released a major White Paper titled “Banking Industry Rises up to the New Normal”. 

Smart Africa welcomes Orange’s collaboration on service and data security for end-users

Orange, a platinum member of the Smart Africa Alliance, supports the One Africa Network (OAN) project which has the aim of reducing the cost of communication and keeping the traffic generated and destined for Africa within Africa.

Phillips Consulting introduces Bite-Sized Micro-Courses to fuel the future of work in Nigeria

Work as we knew it was always poised to undergo a massive transformation driven by several developments. It was characterized by conflicting information and rooted behaviours for almost a decade.

Sanwo-Olu commissions N60 million COVID-19 Holding Bay, High Care Unit at LASUTH

The Lagos State Governor, Babajide Sanwo-Olu today commissioned a self-contained 20 bed holding bay and high care unit at the Lagos State University Teaching Hospital (LASUTH) to isolate suspected Covid-19 patients/cases to avoid further exposure of other patients before their test results come out.

Time for an Ambitious Response to COVID-19 from Africa - FBNQuest

The international media have picked up on the theme that “Africa has done all right” in the fight against COVID-19. This is understandable in terms of the number of cases and deaths: 1.3 million cases out of 35.8 million globally and 37,000 deaths out of 1.0 million globally according to the EU’s European Centre for Disease Prevention and Control. As many as 680,000 cases and 17,000 deaths have been reported from just one country (South Africa).

Meet the Sarkin Yorubawa Funtua - Alhaji Murtala Sani Adeleke

In Katsina State, the history of Yoruba migrants and settlers can be traced to the pre-colonial era. Today, we still have a Yoruba Community in Funtua that unites and connects all the Yoruba resident, headed by Alhaji Murtala Sani Adeleke who was born in Funtua, Katsina State to the family of the then Sarkin Yorubawa Funtua Alhaji Sani Adeleke and mother, Hajia Fatima Aisha Adeleke. His dad, a very religious Muslim, who raised all his Children the Islamic way and ensured they all have the mandatory Islamic education which he also benefited from, before his enrolment into the conventional primary school. 

Zedcrest Group Celebrates Customer Service Week …Rewards Customers and Staff

New-age financial solutions powerhouse, Zedcrest Group celebrated the 2020 Customer Service Week with series of customer reward and staff recognition activities as a show of appreciation for their unalloyed loyalty to the group.

Emirates Launches New NDC-Powered Connectivity For Trade Partners

In order to ensure easy and direct access to Emirates’ rich content and other services, the airline has launched a suite of connectivity options for its trade partners around the world. Nigeria Trade Partners amongst others can now benefit from this Emirates Gateway, which was developed using IATA’s New Distribution Capability (NDC) standards, and now available on the recently launched Emirates Partners Portal, a new state-of-the-art- online platform.

Paxful Strengthens Crypto Transactions With the Addition of the Naira Token

Global peer-to-peer crypto marketplace Paxful partnered with BuyCoins as part of its localization efforts to add Naira token (NGNT), a Naira pegged stablecoin, as a payment method to the platform. With this partnership, users will be able to buy and sell Bitcoin (BTC) and Tether (USDT) using NGNT.

Nigeria PR Measurement Agency Elevates Key Personnel For Optimum Efficiency

P+ Measurement Services, Nigeria’s foremost and fastest growing Independent Public Relations (PR) Measurement Agency, has elevated its key personnel to new positions for optimum efficiency and to maintain its stance as a thought leader in the Industry.