Tuesday, 30 April 2019

VFD Group Appoints Mobolaji Adewumi as Executive Director, Finance

The Board of Directors of VFD Group Plc has announced the appointment of Mobolaji Adewumi as Executive Director, Finance of the company. The appointment is subject to the approval of shareholders at the next Annual General Meeting (AGM).

Ecobank appoints Ayo Adepoju as acting CFO

Ecobank Transnational Incorporated (ETI), the parent company of Ecobank Group, has announced the appointment of Ayo Adepoju, Vice President, Group Finance, as the lender’s acting Chief Financial Officer (CFO).

CBN issues 5 new banking licences

The Central Bank of Nigeria (CBN) has issued licenses to five new banks, according to emerging reports.

Nigeria Rugby Sevens to play in 2020 Olympic Qualifiers

Rugby Africa has confirmed Nigeria’s participation at this year’s Olympic Qualifiers to be held in South Africa in November following Nigeria’s superb performance at the Africa North regional 7s tournament in Cote d’Ivoire and a massive 59 - 13 test match win against Niger Republic in Niamey last year.

Monday, 29 April 2019

World Finance Magazine awards Temenos “Best Islamic Banking & Finance Technology Provider”

For second consecutive year, Temenos has won the ‘Best Islamic Banking & Finance Technology Provider’, for its breakthrough digital front office product, Temenos Infinity, and next generation core banking system, Temenos T24 Transact. The 2019 Islamic Finance Awards was presented by World Finance Magazine.

Emirates Unveils its Pavilion for Expo 2020 Dubai Focusing on Future of Commercial Aviation

  • Airline breaks ground with construction of mobility inspired pavilion

Emirates, Premier Partner and the Official Airline of Expo 2020 Dubai, today unveiled the design and visitor experience concepts of its ultramodern pavilion for the 6 month mega-event. The Emirates Pavilion’s design and visitor experience will utilize interactive technologies and design-thinking focusing on the future of commercial aviation. Emirates has already broken ground on the pavilion and construction began in March 2019.

Omnicom PR Firms, WPP PR Firms Report Revenue Decline in Q1

WPP, a creative transformation company which include Burson, Cohn & Wolfe (BCW), H+K Strategies, Finsbury and others, have reported a decline of 0.3% on a less pass-through costs in the first quarter of 2019.

Aiteo announces Senior Leadership Appointments

Following a review of its operational and investment objectives and in reaction to prevailing business environment, Aiteo has restructured its executive management, naming a number of critical appointments and reassignments.

UFC Returns to Abu Dhabi, to Host Title Fights for 5 Years

The Ultimate Fighting Championship (UFC) will return to Abu Dhabi in September for the first time since 2014 after a five-year hosting rights deal was announced today (Monday).

Kenyan Overall Customer Experience on The Rise in Q1, 2019

mSurvey, Africa’s first Integrated Customer Experience company has released the first Customer Loyalty Benchmark Report for 2019. The report highlights Customer Experience trends in Quarter 1 2019 across 10 industries including Banking, Energy, Government facilities and Telcos just to name a few.

How to catch a ‘Phish’

Their names may sound funny but their financial consequences are not: "Phishing," "smishing," "vishing" and "pharming" are just a few of the ways criminals gain access to personal information via your computer or smartphone. If you're not careful, identity thieves can use harvested information to open fraudulent bank accounts, take out loans, rent apartments or even charge medical procedures to your insurance plan.

Canon’s New Cosmos of Photography competition 2019 Opens for Entries

Canon, world-leader in imaging solutions, today announced that the company will begin accepting entries for its New Cosmos of Photography 2019 photo competition from the 25th April. Now in its 42nd year, the competition is open to international entrants in the aim of discovering, nurturing, and supporting developing photographers who want to explore new and creative ways to engage with photography and video.

Instagram User takes pleasant experience with Mouka pillow to Instagram

On the 22nd of April, 2019, at an event organised by Mouka Ltd, Nigeria’s foremost foam manufacturer, give- away Mouka branded pillows were distributed to many who had honoured the occasion. 

iSON BPO Wins 2019 Contact Centre of the Year Awards

iSON BPO, the leading Customer Experience Management Provider in Africa, with strong focus in Sub-Saharan Africa, emerged winner of the keenly contested BPO Contact Centre of the Year awards at the 2019 Beacon of ICT Distinguished Lecture/Awards Series. The event was held on Saturday, April 27, 2019 at the prestigious at Eko Hotels and Suites, Lagos.

Guinness Nigeria Celebrates 69th Anniversary

Established in 1950, Guinness Nigeria Plc is celebrating 69 years of driving growth and success. As the first and only total beverage alcohol (TBA) company in the country offering a wide range of products across categories, Guinness Nigeria, a subsidiary of Diageo, has been contributing to the economic and societal development of the nation for nearly 7 decades.

Saturday, 27 April 2019

AMRA 2019: mSurvey, Safaricom Highlights the Dynamic African Consumer Wallet

A new research report titled, ‘The Dynamic African Consumer Wallet’ has revealed that over 66% of Africa’s economy is still informal despite growing penetration of technology in the continent.

Friday, 26 April 2019

NIMN to hold Annual Marketing Conference in Port Harcourt

The National Institute of Marketing of Nigeria (NIMN) will hold its Annual Marketing Conference and Dinner Awards Night at the Hotel Presidential, Port Harcourt.

Magical! Google Thanos on Avengers Endgame Day, Click the Infinity Gauntlet

Google recently unveiled a cool surprise for Avengers: Endgame fans on the day of the release of the release of the movie and it involves Thanos and Infinity Gauntlet.

President Buhari commends African Development Bank’s transformative role

At a meeting with the African Development Bank, President in Abuja, Nigeria’s President Muhammadu Buhari commended the Bank for its successes and pledged Nigeria’s continuous support for the institution.

Guinness Nigeria Declares Revenue Declined of 4% For Q3 FY 2019


  • Net finance charge significantly reduced by N1.7bn

Guinness Nigeria Plc, a leading beverage and alcohol Company in Nigeria and a subsidiary of Diageo Plc, yesterday announced its unaudited results for its Quarter 3 period ended 31st March, 2019.

Raising Startup Funds is No Longer Rocket Science

The biggest challenge most entrepreneurs encounter today is raising capital. The underlying fact is that without capital you cannot establish a business no matter the sophistication of your idea.

Atlantic American Partners Launches United States EB-5 Visa Investment Program in Nigeria

Atlantic American Partners (AAP) has launched its United States EB-5 Immigrant Investor Program in Nigeria; as a convenient means to help potential investors in Nigeria to secure a hassle-free immigration process to live, work, and attend school in the U.S., while also getting a reasonable return on their initial investment.

Mouka Unveils Insect Repellent to Celebrate World Malaria Day

Mouka Limited, Nigeria’s leading manufacturer of mattresses and other bedding products, has launched an innovative range of insect repellents in line with its mission of Adding Comfort to Life.

Over 20 fighters complete weigh-in for Africa Warrior King Mixed Martial Arts Open and title fight

Over 20 professional fighters, Thursday completed the mandatory weigh-in ceremony for the first mixed martial arts open and world title fight scheduled to hold at the indoor sports hall of the National Stadium Surulere, Lagos. The three day competition holds from Friday 26th – Sunday 28th April.

Wazobia partners Enyo Retail to introduce the #FuelMyMoto initiative

In conjunction with Enyo Retail, a customer-focused, technology-driven distributor of quality fuel products, Wazobia FM is giving back to the community through an initiative called Fuel My Moto. This initiative aims to give out listeners of Wazobia FM free fuel at a predetermined Enyo stations at a given day and at a given time, all of this to be announced by the On-Air Personality (OAP).

Nigerian Breweries Earns N83.3b, Declares N8b Profit For Q1 2019

The Board of Directors of Nigerian Breweries Plc has announced a Revenue of N83.3 billion for the first quarter of 2019. According to the unaudited and provisional results filed at the Nigerian Stock Exchange, the Company also made a Profit after Tax of N8 billion during the period.

Thursday, 25 April 2019

MTN Nigeria Limited Becomes A Public Liability Company

MTN Nigeria Communications Plc (MTN) has announced that it has completed its conversion from a private company to a public company (Plc). The conversion to a Plc is a legal requirement and key milestone in the preparatory process for MTN’s listing by introduction on The Nigerian Stock Exchange (NSE). Source MTN Nigeria

5 Exciting Impact the Jumia IPO Will Have on Africa

It is no longer news that Jumia has listed its shares on the New York Stock Exchange - the biggest stock exchange in the world.

The listing on the exchange generated diverse opinions and mixed reactions on social media and major news platforms.

Wednesday, 24 April 2019

GROHE Provides Ultimate Hygiene with Manual Bidet Seat and Smart Toilet

…Taking You from Cleanly Functionality to Utmost Convenience

GROHE, the leading global brand for complete bathroom solutions and kitchen fittings introduces a new bidet seat for toilet ceramics. With the alternative to the fully integrated GROHE Sensia Arena smart toilet, the pleasant and nurturing cleaning with water is now possible when using the toilet at an attractive price and without having to replace any toilet ceramics, regardless of being the tenant or owner.

Bankers’ Committee Educates Over 62,000 Students on Financial Literacy

The Bankers’ Committee has disclosed that it educated over 62,000 students on financial literacy, as part of activities to mark the 2019 Financial Literacy Day and Global Money Week. The theme for this year was “Learn. Save. Earn”.

Tuesday, 23 April 2019

#BREAKING: Dangote announces sale Dangote Flour Mills Plc to Olam

Amid focus shift, the Board of Dangote Flour Mills Plc has notified the Nigerian Stock Exchange, its shareholders, and the investing public about the receipt of a binding offer from Ola International Limited to acquire all of Dangote Flour’s outstanding shares that are not currently held by Olam or its subsidiary.

#BREAKING: National Theatre GM, Stella Oyedepo, is dead

The General Manager of the National Theatre, Iganmu, Dr. Stella Oyedepo, is reportedly dead.

Verraki launches with new brand identity, ambitions

A new business and technology solutions firm has been launched, which promises to partner with enterprises and governments to accelerate the development and transformation of Africa. The new entity named ‘Verraki Partners’ is focused on implementing technology and business solutions designed inherently for Africa and specifically fit for purpose, while also curating business ventures to unlock new sources of growth across the continent.

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.