The Nigerian government aims to raise N2.5 trillion through its second auction of FGN bonds this year, according to the Debt Management Office (DMO). In a circular released on Wednesday, the offerings include N1.25 trillion maturing in February 2031 and N1.25 trillion with a 10-year tenor. FGN savings bonds form part of the Federal Government’s […]
Editor’s note: for the best viewing experience, click the half-moon icon ☾ at the top right corner of the page to switch to dark mode. Weeks after amazon prime beat a hasty retreat from Africa, Showmax, the streaming service majorly owned by multichoice, presented a spectacle that shows how much it is betting the house […]
Access corporation, the parent company of access bank, Nigeria’s largest bank by assets, has named Bolaji Agbede, an executive director within the organization, as interim CEO. this decision comes two days after the tragic death of Herbert Wigwe. access holdings officially confirmed this appointment in a statement released on Tuesday morning. Abubakar Jimoh, the chairman […]
Streamlining the tedious process of ordering and paying for meals is a primary objective for Mira, a fintech startup founded by Ted Oladele, formerly the VP of design and innovation at Flutterwave. Mira’s QR code payment system aims to revolutionize the dining experience by enabling instant payment, potentially minimizing wait times and introducing predictability to […]
In 2023, only 14 out of every hundred students who participated in Nigeria’s university entrance exam passed, indicating a crisis in the education system. The Joint Admissions and Matriculation Board (JAMB) and the West African Examination Commission (WAEC) have observed increasing failure rates over the past five years. Teesas, an edtech startup established in 2021, […]
The decision was reached due to the Federal government’s failure to implement the 2020 agreement with the association. They urged the immediate implementation of financial support palliatives promised for bakers post-COVID-19. The call includes the suspension of all forms of taxation on the bakery industry at the federal, state, and local government levels. Alhaji Mansur […]
Digitization is transforming African markets, with universal internet access expected in some regions by 2028. The most significant growth is predicted in Egypt, where internet penetration is projected to more than double, reaching 98%. Despite this, only 44% of African adults currently make online purchases, creating substantial untapped potential for growth. Online retail dominates Africa’s […]
Understanding the difficulties businesses encounter in managing their online presence and marketing, Komback also recognizes the daily demand from millions of Nigerians involved in buying or selling second-hand commodities. Their user-friendly platform enables individuals to showcase their products without the burden of complex marketing strategies or high advertising costs, tapping into a broad network of […]
The Secretary of State for Business and Trade has signed a groundbreaking trade and investment partnership with Nigeria in Abuja. This partnership aims to strengthen the existing £7 billion UK-Nigeria trading relationship and open up new possibilities in sectors like legal, financial services, and clean energy. The UK-based financial and related professional services industry sees […]
Efficient management of inventory stands as the backbone for success in any retail business, serving as a pivotal element in its day-to-day operations. It acts as a linchpin, ensuring a smooth flow within the supply chain, leading to seamless transactions and satisfied customers. The absence of a robust inventory management software exposes businesses to numerous […]
