Sunday, 21 April 2019

PricePointe Wholesale Club starts operation, launches ultra-modern warehouse in Lagos

PricePointe Wholesale Club, a new entrant into the Nigerian retail sector, modeled after the America’s Costco and Sam’s Club, has started operations with the opening of its flagship warehouse at 6-10 Ilupeju Industrial Crescent, Ilupeju Lagos.

Friday, 19 April 2019

Ecobank Transnational Incorporated debut $450 million Eurobond oversubscribed

Ecobank Transnational Incorporated (ETI), the Lomé-based parent company of the Ecobank Group, is pleased to announce that it has successfully raised $450 million in its debut Eurobond which was oversubscribed.

Zedcrest Capital GMD, Adedayo Amzat, Others to Speak at Lagos FINTECH Week

Group Managing Director of Zedcrest Capital Group, Adedayo Amzat will be joining other industry captains at the Lendtech Leaders Panel of Lagos FINTECH Week on Thursday, April 25, 2019 to explore various challenges and opportunities in consumer lending by fintech firms and banks.

Thursday, 18 April 2019

ROAM Appoints Head of Cars for Africa Market

The ROAM Group strengthens its executive team and announces a key leadership appointment. Mr. Ravi Mehra joined the company as “Head of Cars”, responsible for the growth and operations for the company’s car classifieds across the continent, from April 2019.

Turkish Airlines Holds Bowling Tournament in Nigeria

Turkish Airlines, the airline that flies to more countries and international destinations than any other airline has hosted its Nigerian passenger agencies in both Lagos and Abuja to a bowling tournament. The Abuja bowling took place at the Dome, Abuja while Lagos held at Twin Waters Lagos.

Onyx by Valentina Unveils New Haute-Glamour Couture Collection!

Style, they say, is a way to express who you are without having to speak. Style is nestled in every unique detail pieced together to make an outfit. It is a creatively distinctive expression of oneself. On the 31st of March, 2019, Onyx by Valentina, a luxury female fashion brand, launched her new clothing collections – The Very Valentina, and The Jaclyn Johnson – at an exquisite event that took place at her new showroom in Lekki, Lagos.

Hogan Lovells named among Yale Law's Top Ten Firms for Gender Equality

Hogan Lovells is pleased to announce that the firm has been selected as a Yale Law Women's Top Ten Firm for Gender Equity for 2019.

Microsoft Launches AI for Africa Whitepaper in Kenya

Microsoft has launched the white paper for its Artificial Intelligence (AI) in Africa program in Kenya. The company introduced its AI for Good series to discuss several issues surrounding AI, such as the government coming up with a suitable regulatory framework, and the development of IT infrastructure from the various stakeholders.

Priscilla Eleje Makes History as the First Woman to Sign the Nigerian Naira

For the very first time in Nigeria’s 59-year history, the signature of a woman, Priscilla Ekwere Eleje, goes on the naira.

GTBank Releases Q1 Unaudited Results, Reports Profit Before Tax Of N57.0Billion

Guaranty Trust Bank plc has released its unaudited Financial Results for the quarter ended March 31, 2019, to the Nigerian and London Stock Exchanges.

Culinary Delights opens first Pizza King and Mama Mia restaurant in Lagos

After about two and a half years in the making, Culinary Delights has finally opened the doors of its first outlet to customers with the launch of her first two brands, Pizza King and Mama Mia (Make I chop again). Located at 67 Coker Road in Ilupeju, Pizza King will serve customers pizzas and sides while Mama Mia will serve rice meal options and chicken relishes from across the world.

Wednesday, 17 April 2019

Cold Stone Creamery Redefines Indulgence With Their New Ice Cream Cake Creation!

For those who crave for something more, Cold Stone Creamery Nigeria has just the thing for you.

Famous for their rich creamy ice cream and their amazing moist ice cream cakes- a perfect two in one offer of ice cream and cakes, they might have just created the next best thing.

mediaReach OMD Wins Young Lions Media, Nigeria Competition

In a competition among multiple Media Agencies in Nigeria at the Young Lions Media competition held recently, Rita Oladimeji and Tobi Babalola from mediaReach OMD grabbed the title of Young Lions Media – Nigeria.

Turkish Airlines Extends Operations To Port Harcourt

...Extols Abuja Airport Facility Upgrade

Turkish Airlines management has announced that it will begin London-Istanbul-Port-Harcourt flights from June 24, 2019.

PHOTO: Visa West Africa Organizes Payments Security Workshop for CBN

L-R: Niyi Adebiyi, Director, Corporate Communications, Visa West Africa; Francis Galadima Wasa, Deputy Director, Payments Systems Management Department, Central Bank of Nigeria; Bankole Falade, Director, Government Relations, Visa West Africa; Aribidesi Lawal, Risk Manager, Visa West Africa; at the Payments Security Workshop organized by Visa for CBN, which took place in Abuja recently.

Tuesday, 16 April 2019

FG Fetes Procter & Gamble Nigeria, Others, at 2nd Annual PEBEC Awards

The 2nd Annual Presidential Enabling Business Environment Council (PEBEC) Awards held on the 3rd of April 2019 recognized MDAs and members of the public and private sector that contributed to driving the Council’s reform initiatives.

Heritage Bank honours outgoing General Manager

It was rain of accolades for the outgoing General Manager and Chief Compliance Officer of Heritage Bank Plc, Mr. Adewumi Adeniyi, yesterday as management colleagues praised him for his exceptional contribution to the growth of the sector after an unbroken stint of 37 years of working in the banking industry.

P+ Measurement upgrades PR audit report services

Independent PR performance audit agency, P+ Measurement services, has revamped its Independent PR audit reporting services in Nigeria. The new reporting template will help P+ broaden and maximize its offerings by providing inference driven PR measurement and Performance audit services for stakeholders in the communications industry.

CMC Connect Board Member, Justin Green Appointed President of Global Alliance

Board member of Nigeria’s foremost perception management company, CMC Connect, Justin Green has been appointed President of the Global Alliance for Public Relations and Communication Management (GA). He was appointed at the 17th Annual General Meeting of GA which recently held in São Paulo, Brazil.


FG Orders Arrest of Innoson Motor Chairman, Two Others


  • Innoson Motors says operations crippled by court case

The Federal Government Monday urged the Federal High Court in Lagos to issue a bench warrant for Innoson Nigeria Limited’s chairman Mr. Innocent Chukwuma and two of his employees. They were charged in a fraud case before Justice Ayokunle Faji.

Coca-Cola Donates Hospital Equipment to Federal Medical Centre in Ebute-Metta

As part of its Safe Birth Initiative, Coca-Cola Nigeria Ltd, yesterday delivered maternal and neo-natal care equipment to the Federal Medical Centre, Ebute-Metta.

Monday, 15 April 2019

LaLiga signs sponsorship deal with Puma

After 23 years with Nike, Puma has signed a three-year partnership with Spain’s LaLiga - making the German sporstwear brand the league’s Official Technical Partner.

SONA Group: Contributing To Healthy Environment in Nigeria through Recycling

Plastic waste pollution in Nigeria has proven to be one of the most inimical threats to environmental health in the country, with dire consequences such as outbreaks of communicable diseases, loss of lives and properties and continuous environmental degradation.


Wema Bank announces Sara by Wema, a community designed for women

Wema Bank PLC, the pioneer of Nigeria’s first fully digital bank ALAT, has taken another giant step towards creating a better and promising future for women in Nigeria and in other parts of the world, as it formally unveiled its proposition specifically for women.

Pixels International Academy Gets BOTAVED Approval

…To empower Nigerians with Photography, Creative Design & Branding Skills

Pixels International Academy, a new-age creative school founded by Pixels Digital Photography to empower Nigerians who want to build a career in photography, creative designs and branding has received the approval of the Oyo State Board for Technical and Vocational Education (BOTAVED).

Friday, 12 April 2019

Hisense and Vizio TVs Lose Consumer Reports' Recommendation Over Reliability Issues

As a result of data from our recent survey on TV reliability, Consumer Reports is removing its “recommended” designation from several Hisense and Vizio televisions in our TV ratings. This affects two Hisense TVs and seven Vizio sets, which had previously been recommended models.

Indebtedness: Heritage Bank takes over Hip TV

Indications have emerged that Heritage Bank Plc yesterday on an order of Federal High Court Ikoyi Division seized the property of Smooth  Promotions Limited, owner of Hip TV, owned by Ayo Animashaun,  situated at No. 4 Ogundana Street, Off Allen Avenue, Ikeja; Lagos following inability to pay back the bank loan worth Hundreds of Millions.

#BREAKING: Jumia listed on the New York Stock Exchange

Jumia Technologies AG, the leading pan-African e-commerce platform, has officially announced its listing on the New York Stock Exchange. This listing is the result of team success, and all the Jumia employees across Africa rang the “bell” at the same time in each country and in New York, this listing is the result of team success.

Thursday, 11 April 2019

Jiji Acquires OLX in Nigeria, Ghana, Others

Classified marketplace in the country, Jiji.ng and OLX, have announced that both companies have reached an agreement under which Jiji will acquire OLX businesses in Ghana, Kenya, Tanzania, and Uganda, pending certain regulatory approvals, and OLX users in Nigeria will be redirected to Jiji.

Formula 1 signs merchandise partnership with Puma

Formula 1 has named German sports apparel Puma as its first exclusive merchandise retail partner. As part of the agreement, Puma now has the rights to design, produce and sell Formula 1-branded products trackside.

Vizeum Nigeria shines at 2019 Pitchers Award

Vizeum Nigeria, one of the media services division of Media Fuse Dentsu Aegis Network recently bagged two gongs at the Pitcher Awards and other Creativity Week Competitions held in Lagos.

HipTV's Ayo Animashaun Drags Heritage Bank To Court

Owner of HipTV, Ayo Animashaun has revealed he is about to file a law suit against Nigerian commercial bank; Heritage Bank.

Why Paylater Re-branded Name to Carbon

Nigeria's consumer lending firm, Paylater has revealed why it rebranded its name to Carbon. According to the fintech firm, the rebrand aims to reflect the company’s transition to a fully-fledged digital financial services platform that now offers bill payments, fund transfers and savings products, in addition to loans.

Emirates curates the ultimate entertainment mix for Nigerian travellers

Emirates, the award-winning airline, offers a growing list of entertainment for Nigerian travellers this April on ice, Emirates’ award-winning inflight entertainment has of over 4,000 channels of on-demand entertainment. With a diverse mix of African and Nollywood films and music, Nigerian customers can fly better and get a taste of home on every Emirates flight from either Lagos or Abuja.

Five Cowries Initiative Launches Creative Arts Education Programme in Lagos

The Five Cowries Arts Education Initiative officially launched today in Lagos; a convening, which brought together key stakeholders in the private sector, as well as government, education, art and civil society.

Professor Chris Ogbechie Headlines 2019 Marketing Edge Summit

The 2019 Marketing Edge annual National Marketing Summit has continued to gather momentum as the leading brand focused, marketing and advertising publication unveiled Professor (Sir) Chris Ogbechie, a Senior Faculty Officer at the prestigious Lagos Business School. The National Marketing Stakeholders Summit with the theme “Story Telling as a New Paradigm Shift in Contemporary Brand Building: Convergence of Creativity and Technology” is scheduled to hold Wednesday 26th June, 2019 at the Balmoral Event Center, Ikeja, Lagos.

Wednesday, 10 April 2019

African Development Bank Board approves $4.8 million grant to accelerate African free trade

The Board of the African Development Bank have approved an institutional support grant of $4.8 million to the African Union (AU) to accelerate the momentum of the African Continental Free Trade Area Agreement (AfCFTA), which received its 22nd ratification on 2 April, bringing the agreement into force. The board made the approval on Monday, April 1, 2019.

InStrat and partners move into the second phase of flagship International Partnership Programme

InStrat Global Health Solutions (InStrat) and a consortium of partners have moved to solidify efforts made in the UK Space Agency International Partnership Programme (IPP) for Nigeria.  The IPP which was launched in 2017, aims to improve the standard of healthcare in rural areas with poor communications - through the application of satellite connectivity, surveillance and trainings.

Tuesday, 9 April 2019

Mouka gets double recognition from London Stock Exchange Group

Mouka Limited, Nigeria’s foremost indigenous mattress and foam products   manufacturer, has become one among a few African companies to be recognised twice by the London Stock Exchange Group (LSEG), in the group’s Companies to inspire Africa report.

Zedvance to Deepen Financial Inclusion as it Celebrates 5 Years of Impactful Growth

Innovative consumer finance company, Zedvance Limited has unveiled plans to grow its customer base to over one million customers across the country in the next five years.

Abalaye Nigeria organises Yorùbá Quiz Competition 2.0

Àbáláyé Nigeria presents the second edition of her Yorùbá Quiz Competition which will be coming up on the 30th May 2019 at Education Glass Hall, Faculty of Education, University of Lagos.

Facebook AI researchers create the world’s most detailed population density maps of Africa

Facebook is working closely with key non-profit and research partners to use artificial intelligence (AI) and big data to address large-scale social, health and infrastructure challenges in sub Saharan Africa. These efforts range from rural electrification in Tanzania to vaccinating people in remote corners of Malawi.

How to Regain Your Passion For Your Longtime Job

Staying in the same job for years may offer comfort and stability, but it can also start to wear you down after a while and feel as you are stuck. Your day-to-day work may eventually lose its lustre, causing more stress and less passion. However, that doesn’t mean you can’t kindle new enthusiasm for a longtime job. These tips will help you regain momentum for your longterm job.

Monday, 8 April 2019

Ogilvy shines at the 2019 SABRE Awards

Ogilvy recently won at the public relations industry’s SABRE Awards for the Africa Region, with Ogilvy offices capturing 43% of all trophies awarded.

BREAKING: Zenith Bank Appoints New GMD/CEO

The Board of Directors of Zenith Bank Plc has appointed Mr. Ebenezer Onyeagwu as the Group Managing Director/Chief Executive of the financial institution. The appointment becomes effective from June 1, 2019.

Branch International Owners Raises $170M in Series C Funding

Fintech Startup, Branch has announced the closure of a $170M Series C financing round led by Foundation Capital and Visa. Joining this round of investment are existing investors, Andreessen Horowitz, Trinity Ventures, Formation 8, the IFC, CreditEase, and Victory Park as well as new investors, Greenspring, Foxhaven, and B Capital.

Cross River Commissioner Urges Corporate Bodies to Emulate Promasidor on CSR Initiatives

Cross River State Commissioner for Education, Hon. Godwin Ettah has commended Promasidor Nigeria Limited for its commitment to the career growth of Nigerian youth through the Promasidor Harness Your Dream project.

Friday, 5 April 2019

Tottenham breaks world-record for football club profit

English Premier League club Tottenham Hotspur has reported a world-record pre-tax profit of £138.9m, breaking the mark for world football set by Liverpool in February.

NPFL-LaLiga U-15 tournament set to kick off

Nigerian Premier Football League (NPFL) and LaLiga have announced the third edition of their annual U-15 Promises Tournament is set to kick off on Monday 8th of April, 2019. The tournament is part of the NPFL and LaLiga’s drive to the develop grassroots football in Nigeria.

Cool Off The Heatwave With Free Froyo From Pinkberry This Saturday And Next!

Pinkberry Gourmet Frozen Yoghurt sure loves to reward its customers with unique, exciting and delicious yoghurt treats. This time, just to show how much they care about you, Pinkberry will be delivering light, refreshing and frozen yoghurt to everyone.