The African Export-Import Bank (Afreximbank) has announced its collaborative effort with the Grand Africa Initiative (GAIN) through a grant aimed at facilitating the training of 300 young African entrepreneurs. The training program will focus on entrepreneurship and intra-African trade and is set to commence in March 2024. The GAIN-Afreximbank Masterclass on Entrepreneurship and Intra-African Trade […]

Alpha Technologies Limited, a provider of telecommunication services, has announced the launch of the revolutionary Alpha Caller app. This innovative app empowers Nigerians living abroad to stay connected with loved ones and conduct business in Nigeria at incredibly affordable rates. Alpha Caller offers users special Nigerian phone numbers (smart numbers) that can be called from […]

LinkedIn, a well-known networking and professional recruitment platform with over 1 billion users, is entering the gaming market, valued at approximately $245 billion as of 2023, to enhance user engagement and interaction. Recent reports confirm that LinkedIn, owned by Microsoft, is developing a new gaming experience inspired by popular puzzle games like Wordle. Initial game […]

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has unveiled an upgraded edition of its mobile application, specifically tailored for businesses. The refreshed app introduces a variety of novel features aimed at simplifying and streamlining digital banking for business proprietors. The improved mobile application for businesses presents a comprehensive array of tools to efficiently […]

On March 19, 2024, Nigeria witnessed a significant development in its energy sector, particularly in addressing challenges related to power supply, as plans were unveiled to utilize the sovereign fund for the construction of a 20-megawatt solar power plant. Vice President Kashim Shettima disclosed that the 20-megawatt power plant would be established through a partnership […]

Nigeria’s foreign exchange (FX) market started the week positively on Monday, with the naira strengthening to N1,572.86 per dollar from N1,602.75/$1 on Friday in the official market. On the parallel market, the national currency closed at N1,590 per dollar on Monday, showing improvement from the N1,605/$1 recorded on Friday. Several analysts anticipate further stability in […]

Ernst and Young, a global professional services firm, has disclosed that approximately 17 out of the existing 24 Deposit Money Banks (DMBs) in Nigeria may struggle to meet the Central Bank of Nigeria’s proposed recapitalization requirement if it is raised from the current N25 billion. In a recent report titled “Navigating the Horizon: Charting the […]

Given the pivotal importance of financial inclusion in national development and the establishment of a sustainable economy, Tosin Eniolorunda, Group CEO of Moniepoint Inc, has reaffirmed his organization’s commitment to enhancing financial inclusion and promoting the adoption of technology among underserved consumers in the country. Speaking at the 16th edition of the Leadership Newspapers Conference […]

TekSight Edge Limited, a prominent Nigerian digital PR agency, recently celebrated its 10th anniversary, marking a remarkable journey and significant impact on brands and communities throughout the continent through cutting-edge data analytics. Headquartered in Lagos, with offices in Ghana, Kenya, and Rwanda, the agency has executed award-winning campaigns for various brands, including the Lagos state […]

In an innovative initiative, QNET, a well-known global entity in the lifestyle and wellness direct-selling sector, has partnered with the Lagos State Consumer Protection Agency (LASCOPA) to lead a significant movement in consumer rights awareness and empowerment. This collaboration corresponds with the theme of Consumer Rights Day 2024, “Fair and Responsible AI for Consumers,” and […]