Business

In collaboration with Interswitch, FirstBank has launched a promo to reward users of the FirstMobile app, its industry-leading mobile banking application. The promo tagged FirstMobile Cash-out Promo will run for 3 months. The promo, which started on Monday, 21st March 2022 will end on Tuesday, 21st June 2022. Various prizes …

Nigerians spent not less than $220.86 million on foreign education between December 2021 and February 2022, figures from the Central Bank of Nigeria (CBN). The figures are contained in the CBN data on the amount spent on educational service under the sectoral utilisation for transactions valid for foreign exchange for …

They cleared out my account’ Women seek N10m from Polaris Bank over illegal deductions. Three businesswomen have told the Surulere Magistrate Court in Lagos that their domiciliary and Naira accounts were unlawfully frozen by their bank, adding that it also allegedly made illegal deductions of $30,769 from the accounts. The …

B2B e-Commerce platforms, such as Alerzo, Tradedepot facilitate faster product distribution for FMCG manufacturers like Unilever, Nestlé, Procter & Gamble, PZ Cussons, Reckitt Benckiser, Dangote, Golden Penny, Dufil and Flour Mills. No doubt digital technology is redefining manufacturing, distribution and retailing which in turn reflects on our day-to-day living. There …

…continued growth acceleration in Q1 2022 …orders increased by 40% year-over-year …GMV increased by 27% year-over-year …revenue increased by 44% year-over-year Lagos, May 17, 2022 – Jumia Technologies AG (NYSE: JMIA) (“Jumia” or the “Company”) announced today its financial results for the first quarter ended March 31, 2022. “We kicked …

By Adedoyin Giwa From improving sales volume, to facilitating automated processes in business transactions and the application of new technology, there’s no disputing the fact that ecommerce is opening up the Nigerian economy at an impressive rate. Thriving on a digital economy platform, ecommerce boasts an incredible level of cost-efficiency …

  Nigeria is fast aligning with global world standards in ensuring rapid delivery of the Sustainable Development Goal 7 (SDG7) to end energy poverty and increase the use of renewable energy as a way to ensure universal access to affordable, reliable and modern energy services is available in every corner …

The just concluded Africa Magic Viewers’ Choice Awards was a special edition that generated lots of excitement for Nigerian entertainment audience. While the event was all about a celebration of film, drama, and TV, Pepsi Naija brought a Confam music experience to the week-long celebration like never before. Here is …

HHOG recognised by Project Finance International (PFI) for Africa’s Largest Oil and gas financing in more than a decade. Heirs Oil & Gas (HHOG), Africa’s integrated energy company has been awarded the ‘Africa deal of the year 2021’by Project Finance International (PFI), following the $1.1 billion financing and acquisition of 45% stake …

Marked and accelerated expansions in output and new orders helped drive a pick-up in growth in the Nigerian private sector during April. However, private sector performance was once again impacted by elevated rates of inflation, uncertainty and unfavourable exchange rate movements. Nevertheless, strong demand encouraged firms to add to their …