Mobility/tech company MAX expands to Ghana
Chisom NwatuNovember 8, 2022
By Chisom Nwatu MAX, a mobility and technology company, has launched operations in Ghana with the appointment of David Hoyme as director of international growth and expansion. Tolu Williams, head, E-mobility at MAX, said the company’s entry into Ghana and planned expansion to other countries is an indication of its readiness to help Africa […]
SFS Group points young Nigerians to investment as means to wealth
Onome AmugeNovember 8, 2022
By Onome Amuge SFS Group, a leading investment management company, has emphasised the need for young Nigerians to build and create wealth through investments as a hedge against galloping inflation, lack of job security, rising unemployment rate, and quantum of headwinds ravaging the economy. According to the company, the rising cost of goods […]
Afreximbank, Silverbird sign deal to build world-class film, studio complex
Maduabuchi EfegadiNovember 7, 2022
By MADUABUCHI EFEGADI …to harness Nigeria’s $6.4bn, Africa’s $20bn film, creative industry potential African Export-Import Bank (Afreximbank) and the Silverbird Group, a Nigerian entertainment company, have signed a partnership agreement on the sidelines of the Africa Investment Forum (AIF) to build West Africa’s largest and most modern educational and film studio complex in Lagos, […]
Dangote pushes economic revitalisation with 2022 Lagos Trade Fair sponsorship
Rosemary IwualaNovember 2, 2022
By Rosemary Iwuala Pan-African conglomerate Dangote Industries Ltd has said it would continue to partner stakeholders to deepen commerce, industry and economic activities in the country so as to strengthen the nation’s economy. The company explained that part of the efforts at revitalizing the economy is the sponsorship of the 2022 Lagos International Trade Fair […]
BUA says 50,000-hectare Kogi land unviable, withdraws interest
Onome AmugeOctober 19, 2022
By Onome Amuge BUA Group, a leading foods, infrastructure, mining and manufacturing conglomerate, has withdrawn its interest in the 50,000 hectares of land it acquired from the Kogi State government in 2012 over lack of infrastructure and security challenges in the state. The company, in a letter a letter addressed to Nazir Yusuf Ochi, director-general, Kogi State […]
Lily Hospitals gets USTDA grant to advance healthcare access in Nigeria
Rosemary IwualaOctober 19, 2022
By Rosemary Iwuala The United States Trade and Development Agency (USTDA) on Tuesday announced that it has awarded a grant to Nigeria’s Lily Hospitals Limited for a feasibility study to support the refurbishment and operation of 10 healthcare facilities in Nigeria. These facilities, located in multiple urban hubs across the country, will serve up to […]
CSL Stockbrokers raises concerns as FG mulls special FX window for manufacturers
Olivia NnoromOctober 18, 2022
By Olivia Nnorom CSL Stockbrokers, a subsidiary of FCMB Group Plc, has raised objections to the idea of the federal government creating an additional foreign exchange window, arguing that the existing multiple forex windows already posed a big challenge to forex stability. The firm, which is the new stockbroker to the federal government […]
Lagos based luxury hotel makes history, becomes Nigeria’s first to accept payments in Bitcoin
Charles AbuedeApril 27, 2021
Move spurred by inflation concerns Allocates 50% of cash reserves to Bitcoin Charles Abuede As Nigeria’s inflation numbers continue on its expansion to a historic height and the Securities and Exchange Commission (SEC) in a collaborative meeting with the Central Bank of Nigeria (CBN) begins the development of a new legal framework for […]
Flutterwave: The making of Africa’s third unicorn
Wale AmeenMarch 15, 2021
Wale Ameen On Wednesday, 10th of March a land mark announcement came out from Nigeria and arguably West Africa’s tech epi-centre, Lagos, also the country’s financial hub. And it was the cheering news that one of Nigeria’s need promising Fintech startups, Flutterwave, had just closed its Series C round of funding which saw the seven-year-old […]
UBA unveils new banking app, promises a disruptive mobile banking experience
Online EditorMarch 9, 2021
Wale Ameen United Bank for Africa has unveiled it’s new mobile banking app with which it says it is set to change the face of digital banking service. According to the bank, the app comes packed with features and benefits which will empower customers to do more and carry out everyday transactions with ease. […]