Wednesday, 19 June 2019

BREAKING: Otedola confirms sale of Forte Oil

Billionaire businessman, Femi Otedola has announced his exit from Forte Oil. This comes months after he informed the public that he would sell his shares to Prudent Energy, a local oil trading firm.

Decision On AfCFTA Will Be Guided By National Interest – PMB

President Muhammadu Buhari says Nigeria will be guided by ‘‘national interest’’ in taking any decision on the agreement establishing the African Continental Free Trade Area (AfCFTA).

Barça Academy; Grooming Future Football Stars From Nigeria

Nigeria has had a number of footballing greats; from the dancing feet of the super talented Austin ‘Jay-Jay’ Okocha, to the drag feet roulette of the two times African footballer of the year - Kanu Nwankwo, the heroics of Emmanuel Amuneke at the nations cup and Olympics, to the fleet foot of one the greatest African wingers Finidi George; the line-up of stars paraded by the super eagles over the years has sent shivers into the spines of opponents over the years.

Emirates Announces Additional Flights For Nigerian Pilgrims

Emirates has announced plans to operate additional flights to help facilitate travel for Nigerian pilgrims heading to and from the Kingdom of Saudi Arabia for this year’s Hajj pilgrimage. The airline will be operating  additional flights between July 27th and August 27th in order to support the Hajj journey of Nigerian pilgrims to the Holy city of Mecca.

Mastercard Foundation Appoints Two New Members to its Board of Directors

The Mastercard Foundation, yesterday, announced the appointment of two new members to its Board of Directors, the Honourable Louise Arbour and Dominic Barton.

Tuesday, 18 June 2019

Donald Trump kicks off his re-election campaign in Florida

The United States president, Donald Trump formally launched his bid for a second term at a rally in Orlando, Florida.

Ecolog Appoints New Management Board CEO

ECOLOG, a leading international provider of solutions and services in supply chain, construction, technology, facility management and environmental applications, has appointed Ali Vezvaei as the Chief Executive Officer and the Spokesperson of the Management Board.

Visa offers customers in Nigeria chance to win tickets to Total AFCON2019 in Egypt

Visa, the global leader in digital payments and proud sponsor of the Total AFCON2019, has launched a promotional campaign giving Visa cardholders in Nigeria the chance to win exclusive tickets to watch selected Total AFCON2019 matches live in Egypt. To win, Visa customers simply need to use their Visa Credit, Debit or Prepaid card during the promotion period between 28 May and 19 June 2019.

Monday, 17 June 2019

2019 Africa Shared Value Summit Calls on Business to Take Action for Profit with Purpose


The third annual Africa Shared Value Summit took place last week in Nairobi, Kenya – the first time the event has come to East Africa. The diverse programme of thought leaders engaged a packed hall of delegates with thought-provoking insights and Shared Value case studies over the two days.

Promasidor Introduces Chat Bot For Checking Of Cowbellpedia Result

Promasidor Nigeria Limited, the organisers of Cowbellpedia Secondary School Mathematics TV Quiz Show, sponsored by its flagship brand Cowbell Our milk, has introduced a new channel, dubbed Cowbellpedia Chat Bot on facebook for candidates who sat for the 2019 Cowbellpedia National qualifying examination to check their results.

Turkish Airlines Adjudged Turkey's Most Valuable Brand in all Sectors

Turkish Airlines, the airline that flies to more destination in the world, has emerged as one of the world's leading independent organizations in brand valuation and strategy consulting. This was made known by Brand Finance during the 2019 result announcement evaluation.

Airtel Africa Targets $749 million from IPO on London Stock Exchange

...Price band between 80-100 pence per share

Bharti Airtel's arm Airtel Africa has set a price range of 80 to 100 pence per share for its planned initial public offering (IPO) on the London Stock Exchange as the mobile operator seeks to cut its debt levels.

LaLiga Stars to Watch Out For At 2019 Africa Cup of Nations

With the 2019 installment of Africa’s premier international tournament set to kick off in Egypt, here’s a look at some of the very best LaLiga Santander representatives across the 24 competing nations.

Thomas Partey (Atletico De Madrid & Ghana)

As a regular starter at title-challengers Atlético de Madrid, Partey is one of the poster boys for this summer’s Africa Cup of Nations. The 25-year-old tends to play a more attacking role for Ghana than he does for Diego Simeone at Atleti, we may be set to see one or two of his trademark long-range strikes as he looks to lead the Black Stars to their first AFCON title of the 21st century.

91 Nigerian Students Receive 125 Outstanding Cambridge Learner Awards

Cambridge International and the British Council hosted the prestigious annual British Council Recognition and Outstanding Cambridge Learner Awards at a ceremony held at The Civic Centre in Lagos, Nigeria, on 14 June.

Enhancing Energy Security in Africa – the time is now

The African Energy Chamber has called on African governments and oil companies to do more to protect the security of energy infrastructure in Africa.

C. Derek Campbell, CEO, Energy and Natural Resources
Oil and gas infrastructure is quickly becoming a principal target for terrorists, rogue organizations, hostile state and non-state actors, and criminal enterprises. The recent attacks in the Middle East – the drone attack on the Saudi Aramco pipelines and the attacks on oil tankers in the Gulf of Oman – validate a precedent (and unfortunately techniques, tactics, and procedures for those with malicious intent) of using non-complex attack methods to create complex problems for owners/operators of Energy and Natural Resource assets.

Port Harcourt Mall Management Respond to Gas Outburst

The management and owners of the Port Harcourt Mall has commiserated with all the injured people in the gas outburst that happened on Wednesday, June 12 2019. This statement was made by the Mall Manager, Mrs. Chioma Okorie in Port Harcourt, Rivers State.

Cowbell Chocolate Commences Get Up N Goal Promo


Promasidor Nigeria Limited has partnered with Supa Strikas to reward consumers in its Cowbell Chocolate Get Up N Goal promo, with fabulous prizes to be won during this football season.

General Electric appoints Jaime Morais as Angola Country Leader

General Electric has announced the appointment of Jaime Morais as the Country Leader for GE in Angola. In this position, Jaime will play a pivotal role in steering the next phase of strategy and growth for GE in Angola.

Insight Redefini Group Announces Departure Of Quadrant Msl’s Managing Consultant

Quadrant MSL, a part of Insight Redefini Group, has announced that Uche Ajene, Managing Consultant, departs the organisation in June 2019 when her initial contract ends, and will progress in pursuit of her personal career ambition. In the interim, Anurika Azubuike, Lead Consultant at the company will act as the Business Lead steering the affairs of the company in conjunction with the Group.

Why Switzerland gave 3.2 million Swiss francs to AfDB’s urban development fund

The State Secretariat for Economic Affairs of the Government of the Swiss Confederation (SECO) and the African Development Bank on Thursday signed two agreements to fund African initiatives on the sidelines of the Bank’s 2019 Annual Meetings.

Thursday, 13 June 2019

Amazon beats Apple, Google to become the world’s most valuable brand

Amazon has overtaken Google and Apple to become the world’s most valuable brand at $315.5 billion, according to the BrandZ Top 100 Most Valuable Global Brand ranking 2019, up 52% on last year.

Uefa launches free-to-air OTT platform

European football’s governing body Uefa has launched a free-to-air OTT streaming platform to show live and on-demand video content from various competitions, including national leagues, with the German Bundesliga the first to be broadcast.

EMpower 50 Ethnic Minority Future Leaders

The EMpower 50 Ethnic Minority Future Leaders lists celebrates inspirational people of colour who are not senior in their organisations but are making a significant contribution to ethnic minority people at work.

Meet the New CEO of Jobberman Nigeria, Hilda Kabushenga Kragha

Former Engagement Manager at McKinsey, Hilda Kabushenga Kragha has been appointed as the new Chief Executive Officer of Jobberman Nigeria following the resignation of CEO, Ayodeji Adewunmi in April this year. She joined the firm on Monday, June 10 2019 and will be responsible for the growth and operations for the company.

Nokia and UNICEF launch partnership to boost digital literacy in primary schools in Kenya

Nokia and the Finnish National Committee for the United Nations Children's Fund (UNICEF) and UNICEF Kenya have launched a shared-value partnership during this year's Nairobi Innovation Week, to increase equitable access to digital literacy for some of the most disadvantaged children in Kenya. This includes girls and children with disabilities in urban informal settlements and some of the most remote areas of Kenya.

LG Unveils World's First IPS Gaming Displays With 1ms Response Time

Gaming just got better with LG's world's first IPS gaming display. LG has unveiled its latest gaming offering: two new monitors with a blazing one-millisecond response time. The monitors are part of LG’s UltraGear family and are the first in the world to offer such a fast IPS display, which helps bring IPS (In-Plane Switching) up to a closer standard with TN (Twisted Nematic) panels.

Stanbic IBTC wins HR awards, consolidates its leading employer status

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has been recognized for its robust and exceptional human resource practices, thus reaffirming its status as a leading employer brand at the HR People Magazine Awards 2019 Awards held recently in Lagos. Stanbic IBTC won the Best Training, Learning & Development Strategy 2018 and the Outstanding Employee Engagement Strategy 2018 Awards.

IBM Expands its Quantum Computing Program to UNILAG, OAU, 14 Other Universities in Africa

IBM announced the expansion of its quantum computing efforts to Africa in a new collaboration with the University of the Witwatersrand (Wits University) in South Africa. Wits University is the first African academic partner in the IBM Q Network and will be the gateway for academic collaboration across South Africa, and to the other 15 universities who are part of the African Research Universities Alliance (ARUA).

La Liga fined €250k for using its app to catch illegal soccer streams

...La Liga has said it will appeal the fine

Spanish football league La Liga has been fined 250,000 euros by local data protection agency AEPD. The penalty comes after La Liga deployed a controversial feature in its Android app which activated device microphone and location services in an effort to identify establishments airing matches without a license.

Volkswagen Ends Partnership with Self-driving Car Startup Aurora

Volkswagen has ended its partnership with self-driving car software firm Aurora, two days after the Silicon Valley startup said it would build autonomous platforms for commercial vehicles with Fiat Chrysler Automobiles.

Adesina urges African governments to work toward the elimination of non-tariff barriers

African leaders on Wednesday underscored the urgent need to fast-track the continent’s regional integration process in order to accelerate Africa’s economic transformation.

Akinwumi Adesina
The call was made at the opening ceremony of the Bank’s 2019 Annual Meetings, in Malabo, Equatorial Guinea, with the theme: “Regional Integration for Africa’s Economic Prosperity.”

Nigerian Creative Scientist Cracks Controversial Stellar Code

Nigerian-born creative scientist, Peter Matthew-Akukalia has recorded a milestone within the astronomic space by cracking contentious stellar code. Internationally astronomers and scientists alike have raise serious concerns on the emergence of two stars within the galaxy stud comprising a relatively cool giant and a hot dwarf.

Ecobank, Afreximbank, Others Shine at 2019 African Banker Awards

Winners of the 2019 edition of the African Banker Awards were announced at a prestigious Gala Dinner in Malabo, Equatorial Guinea. The Awards, held annually on the fringes of the Annual Meetings of the African Development Bank, have established themselves as the Oscars of African banking celebrating excellence in banking and finance on the African continent.

WorldRemit launches new product for business payments to Nigeria

Leading digital money transfer company WorldRemit has launched WorldRemit for Business, a new service that enables small and medium-sized business owners to quickly pay employees and contractors in 140 countries worldwide, including fast-growing markets such as Nigeria, Ghana, Kenya, and South Africa. The platform will first be available to U.K.-registered businesses.

Tuesday, 11 June 2019

All Set For African Cristal Media & Advertising Summit

The African Cristal Media & Advertising Summit, formerly the African Cristal Festival, is holding its 2019 edition from June 13 to 16 in Marrakech under the theme of "Positive Brands".

Oyo State: Gov. Makinde Appoints Tara Adefope as DG, Due Process Office

Governor Seyi Makinde of Oyo State on Friday appointed Ms. Tara Adefope as the Director General of Due Process Office. The appointment takes immediate effect.

9th Assembly: N4.68bn ‘Jumbo pay’ awaits Incoming Lawmakers

Ahead of the Inauguration of the members of the 9th National Assembly, an investigation has revealed that Four hundred and sixty-nine lawmakers who were elected on the platform of various political parties in the February 23 National Assembly elections are expected to get N4.68bn as welcome package immediately after their inauguration on June 11, 2019.

Gokada launches luxury yacht service to its operations

Nigeria's tech-enabled bike-hailing startup, Gokada has launched a luxury yacht service to its services called GBoat.

Indomie Heroes Search Team Hits the Field for 2019 Potential Awardees

The search teams for the 2019 Indomie Independence Day Award (IIDA) for Heroes of Nigeria, an annual corporate social responsibility initiative of Dufil Prima Foods Plc, have hit various locations across the country to begin mop up of entries for the next Indomie heroes.

Ikeja Electric rolls out prepaid meters for Ikorodu customers under MAP Scheme

Ikeja Electric Plc. (IE), one of Nigeria’s leading electricity distribution companies has announced the roll-out of prepaid meters for customers in the Ikorodu Business Unit.

Monday, 10 June 2019

On World Environment Day, The La Casera Company strives for a “World without Air Pollution

Cosmopolitan cities with large populations are usually more susceptible to suffering the consequences of air pollution. The rapid development in such cities often comes at a cost to the environment usually by way of air pollution. The companies that contribute to the economies of such cities need to do more to ensure their environment remains healthy.

Promasidor Enhances Wellbeing of Under-Privileged, Donates to Orphanages

Promasidor Nigeria Limited has donated products of high nutritional value to under-privileged children in orphanages in Lagos as its contribution to their upkeep. The gesture was to commemorate the World Milk Day held annually on June 1st

How to get a Quick Loan from Zedvance

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.

Friday, 7 June 2019

Ecobank hosted by London Stock Exchange after successful $500 million Eurobond Issuance

Following its successful $500 million Eurobond issuance, Ecobank Transnational Incorporated (ETI), the Lomé-based parent company of the Ecobank Group, was hosted by the London Stock Exchange to a market opening ceremony to celebrate the successful listing of the Eurobond on the London Stock Exchange (LSE) main market.

Google Set to Acquire Analytics Software Firm Looker For $2.6 Billion

Alphabet Inc’s Google has announced plans to acquire Looker, a privately held big-data analytics company, for $2.6 billion in cash.

Ogun: Governor Abiodun appoints Kunle Somorin as Chief Press Secretary

Ogun Governor, Prince Dapo Abiodun has appointed Mr Sunday Olakunle Somorin as his Chief Press Secretary with immediate effect.

Why NBC Suspended DAAR Communications Operation License

The National Broadcasting Commission, NBC, Thursday suspended the operating license of the Daar Communications PLC, operator of Africa Independent Television (AIT) and Ray Power 100.5 FM (in Abuja and Lagos).

Thursday, 6 June 2019

Skype Brings Screen Sharing to iOS, Android

...Tests End-To-End Encryption With 'Private Conversations'

Skype has officially launched screen sharing for Android and iOS devices less than a couple of months after the feature rolled out for beta testers.

Michelin, GM Unveil Airless Tires That Eliminate Flats, Reduce Waste

Ever thought of having airless tires for your cars? General Motors and Michelin have unveiled a prototype of Uptis (Unique Puncture-proof Tire System), a Michelin-made tire intended for passenger cars.

How Jay-Z Became Hip-Hop's First Billionaire

When American rapper, Shawn 'Jay-Z' Carter said in one of his songs that “I’m not a businessman, I’m a business, man”, very little did the world knew about his vision to hit the billionare's club before year 2020.