Central Bank of Nigeria partners with global fintech company for e-Naira

Bitt Inc., a worldwide fintech firm, has been named as the Technical Partner for the Central Bank of Nigeria's (CBN) digital currency, called eNaira, which would be unveiled before the end of the year.

Telegram reaches 1 billion downloads worldwide

According to Sensor Tower which is a mobile app store market intelligence firm has confirmed that popular instant messaging app Telegram is now part of an elite club of apps that have been downloaded over 1 billion times globally.

Instagram Will Now Require Users to Enter Their Birth Date to Protect Younger Users

Instagram is taking the next steps in its effort to better protect younger users, in line with coming regulatory changes, by asking all users who’ve not previously entered their date of birth to do so in the app.

Facebook Marketplace rolled out across sub-Saharan Africa

Facebook has announced the roll-out of Marketplace in 37 countries and territories across sub-Saharan Africa. Currently available in South Africa, Ethiopia, Kenya and Nigeria, Marketplace aims to be a convenient destination where people can discover, buy and sell items from others in their local communities. 

SBI Media Wins Big At the 2021 Marketing Edge Brands & Advertising Awards of Excellence

SBI Media Group has won multiple awards at the 2021 Marketing Edge Brands & Advertising Awards of Excellence ceremony held recently in Lagos. The group along with its subsidiary company; Streams Media won various awards at the prestigious event.

NIPR Recognizes Gov Sanwo-Olu’s Contributions, as delegates discuss Healthcare at Annual Conference

The organizers of the annual Lagos Public Relations Stakeholders’ Conference on Thursday, recognised the contributions of Governor Babajide Sanwo-Olu to healthcare in Lagos State as part of the activities marking the eighth edition of the conference.

Clubhouse launches Spatial Audio and Creator Commons to assist creators

Clubhouse is launching spatial audio and the rollout of the feature will begin today. This will initially be available to iOS users with the latest version of the app, the Android version will follow quickly.  

Facebook Set To Launch Digital Wallet This Year

Facebook is ready to launch a digital wallet that would let users store cryptocurrencies, a senior company executive said in a US media interview Wednesday.

Buhari appoints new Statistician-General of the Federation As Dr. Yemi Kale Bows Out

President Muhammadu Buhari has approved the appointment of Dr. Simon Harry as the new Statistician-General of the Federation to head the National Bureau of Statistics (NBS). He is to succeeded the out-going Statistician-General, Dr. Yemi Kale, whose second term tenure of five years expired on 16th August, 2021. 

Paralex Logistics Introduces Tech-Driven Legal Support Services

…Sets to Unveil Mobile App Platform, Offers Cutting-edge Services

Paralex Logistics Limited, an information and communication technology (ICT) managed logistics company, is set to launch its mobile app platform which encompasses its service portfolio to businesses and individuals across the country and beyond for optimal satisfaction and gains.

Uber partners with Mastercard, Department of Health to provide free rides and accelerate vaccinations in South Africa

Uber has partnered with Mastercard and the Department of Health to provide one million free trips for all eligible South Africans aged 18 years and above to vaccination sites countrywide.

Red Star Express: Committed to Female Inclusion in Higher Positions

Red Star Express, one of Nigerian's top logistics companies, is committed to women’s growth into higher positions within the organization. This was reiterated upon by the Head, Corporate Resources/Company Secretary, Mrs Frances Akpomuka, during the company's partnership with the International Finance Corporation (IFC) and The Nigerian Exchange Limited (NGX) on 'The Nigeria2Equal gender program' targeted at reducing gender gaps across employment and entrepreneurship in the Nigerian private sector.

Expo 2020 survey: Nigerians believe that global collaboration and technology are crucial to confront humanity’s pressing challenges

Seventy-five per cent of Nigerians believe that greater knowledge sharing between communities and individuals can help build a better future. 

GROHE Relaunches Eurosmart Faucet With Latest Technology For Convenience

GROHE has reinvented its first Eurosmart faucet for the bathroom to meet modern day needs. The product which was introduced more than 20 years ago has become a legendary number as it has quickly developed into the undisputed bestseller in the brand’s faucet portfolio and establishing itself as an all-time favorite product choice for professionals.

Emirates raising industry benchmark on turnaround speed for refunds to customers

In the ever-evolving travel landscape, Emirates continues to prioritize choice and flexibility for its customers to help them make the most of the changes that come their way. Since March 2020, the airline has helped over 2 million customers make multiple date or destination changes, or exchange their tickets for vouchers to be utilised for future travel. More than 92,000 customers have exchanged their tickets for travel vouchers, and more than 38,000 of them have flown and are planning to fly with their redeemed vouchers for tickets.

Crypto Exchange Bybit Backs Esports Heavyweight Virtus.pro

Bybit, a crypto exchange growing in popularity and recognition, is rapidly expanding its esports portfolio. It brings on board a new partner, Virtus.pro (“VP”), one of the most influential and time-tested professional gaming clubs in the CIS region, with a global reach.

 

NQR Payment Solution Now Available Near You

Business owners and their customers at the Oshodi Arena market excitedly witnessed first-hand the NQR payment solution which was introduced to the market in March 2021.  This recent market penetration campaign commenced to drive adoption and encourage business owners and customers in all markets and stores across the country to sign up to this new payment option that is fast, seamless and reliable.

MSME Africa Founder, Seye Olurotimi, Emerges Winner of Entrepreneur Africa Award for Media Innovation 2021

The Founder of MSME Africa, Seye Olurotimi has emerged the winner of the Entrepreneur Africa Award for Media Innovation at the 2021 Edition of the Entrepreneur Africa Award held at Oriental Hotel, Lagos, Nigeria. Olurotimi emerged winner of the category which had four other nominees.

Indomie rewards Eat and Win’ Promo winners with N13.7million cash prize

Nigeria’s number one noodles brand, Indomie Instant noodles has rewarded over 2,500 winners nationwide in the just concluded ‘Indomitables Eat and Win’ Promo which kicked off in May.

PMI Announces Virtual Africa Conference 2021 on Saturday, 4 September

Now in its sixth year, Project Management Institute's (PMI) Virtual Conference on 4 September will provide learning and networking opportunities for 'Africans to learn from Africans'. With PMOE (Project Management-Oriented Employment) opportunities in Sub-Saharan Africa predicted to grow at 40% from 2019 to 2030* and the largest globally,  PMI Africa Conference is open to Pan-African and global audiences keen to learn how changemakers and project professionals from across the continent are seizing this incredible growth opportunity.

Fidelity Bank’s Chairman Appointed As New President of Bank Directors Association of Nigeria

Following the successful completion of Mrs. Osaretin Demuren’s tenure, Mr. Mustafa Chike-Obi, Chairman, Fidelity Bank Plc, has been appointed to take over as President of Bank Directors Association of Nigeria (BDAN) from Monday, August 23, 2021.

Crown Interactive offers “Innovate Smart” grant to Nigerian manufacturers, FMCG distributors and raw material suppliers

As part of its ongoing Automate and Collaborate campaign, Crown Interactive has announced its “Innovate Smart” grant to Nigerian manufacturers, distributors of fast-moving consumer goods and suppliers of raw materials. It is offering its CICOD Supply Chain Software at no charge for 1 year to 20 companies in the Nigerian market that meet specified criteria. The promotion represents a value of N20 million delivered to each firm in terms of the technology offered and support service rendered.  

NCC Lauds 9mobile for Promoting Digital Skills Among Nigerian Youths

The Executive Vice Chairman, Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has commended Nigeria's youth-friendly telecom provider, 9mobile, for driving initiatives that empower Nigerian youths, especially in digital skills acquisition.

LG HVAC Virtual Experience Showcases Company’s Latest Solutions, Whenever, Wherever

LG Electronics (LG) is launching the LG HVAC Virtual Experience, a new, interactive online showroom that gives visitors the opportunity to browse and learn all about its extensive portfolio of first-class HVAC solutions, anywhere, anytime. Helping customers to make better decisions for their families or valued employees, the intuitive, online space makes it possible to view the company’s latest solutions in a variety of virtual environments and discover their many benefits, such as greater comfort, improved indoor air quality and seamless control.

Fatgbems Group Managing Director Gets Southern Youth Assembly Leadership Award

Managing Director and Chief Executive Officer of Fatgbems Group of Company, Alhaji Kabir Gbemisola recently received a special recognition Award from the Southern Youth Assembly of Nigeria (SYAN). He was given the National Outstanding Leadership Award of Excellence as an icon in his service to Humanity for his productive contributions and support to the development of the nation.

Four ways to enhance your ride experience on Bolt​

Ride-hailing services continued to increase across Nigeria over the past few years, and Bolt has been at the forefront of this growth. Since its entrance into the country in 2016, Bolt’s footprint has expanded to over 30 cities, thanks to its focus on customer satisfaction and ensuring seamless operations. Ride-hailing offers numerous benefits to customers, especially safety, affordable rates and convenience, contributing to a pleasant ride experience every time. 

MTN Appoints Odunayo Sanya As Executive Secretary of MTN Foundation

MTN Nigeria has appointed Odunayo Sanya as Executive Secretary of MTN Foundation. She replaces Nonny Ugboma who held the position from January 2009 to March 2021.

Top 5 Nigerian Banks with the highest print advert spend - July 2021

P+ Measurement Services #MediaIntelligence and Performance Audit Reports in the month of #July 2021 critically analyzed and revealed Top #NigerianBanks and their advert spend in the print media publications. This analysis revealed that a total of 22 Nigerian banks spent an estimated sum of N298,048,272 on print advertisements covering various traditional and soft-sell publications across the country. 

The Hurried Return of Nigeria’s Overnight Millionaires

By Shile Akinjo, Corporate Finance Analyst, Advisory, DLM Capital Group

Daily, more than half of Nigeria’s population, consume information on get-rich-quick packages and incentives in an economy with skyrocketing inflation. From catch phrases such as “Want to double your money in 2 days” to “Earn 30% on your capital in 60 days” pushed on media – the struggle to get people to engage in investment scams has tripled since the days of MMM in 2016.  

Emirates Skywards launches “Skywards+” to offer its global members access to exclusive rewards

Emirates Skywards, the award-winning loyalty programme of Emirates and flydubai, has launched an online subscription platform “Skywards+” to offer its 27 million members easy access to customized rewards and privileges throughout the year. Initially piloted in 2019 with select members, Skywards+ is now available to all logged in and active Emirates Skywards members.

Gala gets HALAL standards certification for quality compliance

UAC Foods Limited, makers of Gala, has received HALAL certification, an internationally recognised standard which guarantees that products are safe for consumption by both domestic and foreign consumers.

Applications Are Now Open For the AFSIA Solar Awards 2021

Applications are now opened for the AFSIA Solar Awards. The event is held to honor the excellence of all professionals of the African solar industry for their activities and contribution to the sector. It is a testament to the competence, ingenuity, and vision of its participants recognizing and celebrating their undisputable accomplishments.

CBN freezes RiseVest, Bamboo, Trove, and three other fintech accounts over alleged illegal trading

The Central Bank of Nigeria (CBN) on Tuesday, August 17, 2021 secured a court order to freeze the accounts of some fintech platforms for alleged illegal trading practices.

PMI’s 6th Africa Conference to provide learning and networking opportunities for 'Africans to learn from Africans'

By George Asamani, Business Development Lead for PMI Sub-Saharan Africa

Now in its sixth year, Project Management Institute's (PMI) Virtual Conference on 4 September will provide learning and networking opportunities for 'Africans to learn from Africans'.

2Africa Consortium Announces New Cable Branches

The 2Africa consortium, comprised of China Mobile International, Facebook, MTN GlobalConnect, Orange, stc, Telecom Egypt, Vodafone and WIOCC, announced today the addition of four new branches to the 2Africa cable. The branches will extend 2Africa’s connectivity to the Seychelles, the Comoros Islands, and Angola, and bring a new landing to south-east Nigeria. The new branches join the recently announced extension to the Canary Islands.

Court affirms Ascon Oil Company Limited as the rightful owner of Petrol Filling Station

Quest Oil & Engineering Services Limited, the owner of Ascon Oil Company Limited, announces that the Federal High Court in Lagos has declared it as the lawful owner of the retail filling station located at Block 36, Admiralty Way, Lekki Phase 1 which until now has been unlawfully operated.

Fintech Group, Capitalsage Raises $4 Million to Fulfill Expansion Agenda

CapitalSage Technology Limited, an integrated fintech group in Nigeria, has successfully raised $4 million (N2.2 billion) in a Series 1 Private Company Notes (“PCN”) issuance, under its N10 billion programme, to accelerate the company’s growth across different markets both in Nigeria and Africa.

Nigeria ranks 161st on a leading index that measures the state of youth around the world

Nigeria is ranked 161st on the 2020 Global Youth Development Index which measures the status of young people in 181 countries around the world.

Singapore ranked top for the first time followed by Slovenia, Norway, Malta and Denmark. Chad, the Central African Republic, South Sudan, Afghanistan and Niger came last respectively.

Int’l Youth Day 2021: 9mobile reaffirms support for youth, advocates more tech adoption

Nigeria’s youth-friendly telecommunications company, 9mobile has restated its support for youth entrepreneurship and innovation, urging Nigerian youths to take advantage of the incredible opportunities that technology offers to optimize their businesses and professional endeavours.

Samsung Introduces Fold 3 with S-Pen and Z Flip 3 Phones, Offers to Trade Samsung Note for Fold 3

Samsung Electronics Nigeria, along with its counterparts worldwide, has introduced the third in the series of its revolutionary foldable phones – Samsung Galaxy Z Fold 3 and Z Flip 3 to rave reviews from customers and potential customers. The launch, which was held simultaneously with its global headquarters, took place at Ebony Life Place, Victoria Island, Lagos on the 11th of August, 2021.

LG Invites Nigerians to Join Summer Dance Party at the #Spotofrhythm

As part of its mission to connect and entertain audiences through the power of technology, LG Electronics (LG) has partnered with Ubisoft’s Just Dance to launch its “Spot of Rhythm Dance Challenge” via @LGAfrica1 on Instagram in Nigeria.

Emirates customers can pack more into their Africa trip with updated free baggage policy

Emirates customers flying to and from any of the airline’s destinations in Africa can now pack in more into their trips.

Women entrepreneurs lead the way in digital presence, according to Mastercard SME research in Middle East and Africa

Despite the gender gap and social challenges, entrepreneurial women across the world and in the Middle East and Africa (MEA) are leading the way in tapping into the power of the digital economy to succeed and grow. In new research by Mastercard, women-owned small and medium enterprises (SMEs) believe there are huge benefits of a cash-free economy to their businesses.

Eat 'N' Go Broadens Corporate Vision with Launch of Warehouse and Commissary

Eat'N'Go Limited, the leading QSR (Quick Service Restaurant) operator and lead franchisee for Domino's Pizza, Cold Stone Creamery and Pinkberry Gourmet Yoghurt in Africa, opened its new warehouse and commissary facilities in Mowe and Magboro community respectively.

Sustainability in Nigeria: ASPN Holds First Induction

The Association of Sustainability Professionals of Nigeria (ASPN), held its first induction ceremony in Lagos on Thursday, August 12, 2021.

LG OLED TVs: Bringing Extended Reality to Your Virtual Universe

Welcome to a virtual universe – a world of immersive technologies. Augmented reality (AR), virtual reality (VR) and other extended reality (XR) technologies have been around for quite some time but are fast becoming a commonplace in everything from entertainment and online commerce to healthcare.

Enyo is giving creatives a chance on Innovative Recycling with its Open ideas Competition

Have you wondered how you can contribute to making our environment more sustainable and get some cool cash with it? Enyo has got that twist. Create a wow idea while you combat climate change.  This is what leading fuel retailing company, Enyo Retail and Supply Limited is doing with the second edition of its Open Ideas Competition. The 2021 edition is themed Enyo Recyclit.

Fadirepo urge continuous support for private school operators by govt

The Federal and state governments have been urged to continue to support school operators in its commitment to the reduction in the population of out of school children. The United Nations Children Education Fund (UNICEF) had conservatively put the population of out of school children in Nigeria at over 10 million.

8th Lagos Public Relations Stakeholders’ Conference to Address Healthcare and Wellness in Nigeria

The Lagos State Chapter, the flagship branch of the Nigerian Institute of Public Relations (NIPR), has announced that the 8th Lagos Public Relations Stakeholders’ Conference will address Healthcare and Wellness in Nigeria at the MUSON Centre, Lagos on Thursday, August 26, 2021.

LASUTH CMD, Fabamwo, Others Professors become Fellows of the Academy of Medicine Specialties of Nigeria

The Chief Medical Director of the Lagos State University Teaching Hospital, Professor Adetokunbo O. Fabamwo, and other professors from the institutions have been inducted as Fellows of the prestigious Academy of Medicine Specialties in Nigeria. The event took place in Lagos, Nigeria recently.