Jumia Launches Cruise Travel to Deepen Market Offerings

Jumia's hotel and flight marketplace, Jumia Travel, has launched cruise travel to encourage more Nigerians to go on cruise voyages. The launch is also aimed at expanding the company’s offerings to its customers.

OneFi Acquires Amplify, Set For Digital Banking

Nigerian tech company, One Finance Limited (OneFi) has acquired Amplified Payments Ltd (Amplify), a fintech company that builds and facilitates payment solutions and digital financial transactions in Nigeria. The acquisition fee was not disclosed.

CBN Applauds Ecobank’s Sustainability Efforts

The Central Bank of Nigeria (CBN) has recognized and awarded Ecobank Nigeria on its laudable sustainability and Corporate Social Responsibility (CSR) initiatives. The CBN at its 2018 annual awards for sustainability in Lagos, recognized Ecobank’s activities in four categories which include Sustainability Bank of the Year; Sustainability Bank of the Year -oil and gas; Sustainability Bank of the Year -power sector and the Women Empowerment category  – the bank was first runners up in all four categories.

Again, Barclays becomes Official Banking Partner of Premier League

Barclays have renewed its partnership deal with the Premier League for three seasons, from 2019-20 to 2021-22.

Tara Durotoye, Kate Henshaw, Others to Speak at 2019 Global Possibilities Summit

Tara Durotoye, CEO of House of Tara; Kate Henshaw, the multi-award winning actress; Oke Maduwesi, CEO of Zaron cosmetics and Niyi Adesanya, of Fifth gear consulting have been announced as part of the speakers and panelists that will be leading the masterclasss session at the 2019 Global Possibilities Summit.

ABinBev Hires Temitope Oguntokun as Country Lead, Sustainability & Stakeholder Management

Anheuser-Busch InBev (ABinBev) has hired Temitope Oguntokun, Head of Sustainability and Brand at Lafarge Africa Plc (A member of the LafargeHolcim Group) as Country Lead, Sustainability and Stakeholder Management.

Eat’N’Go Expands Footprints in Nigeria with New Stores Nationwide

Eat’N’Go Limited, the leading franchisee for No. 1 Pizza making company in the world - Domino’s Pizza and its 2 other brands, Cold Stone Creamery and Pinkberry Gourmet Frozen Yoghurt, is adding new stores across several cities in Nigeria as part of its massive expansion project in 2019.

The launch of new stores at new locations nationwide reinforces the brand’s dedication to bringing the best global food brands and concepts to Nigeria and Africa at large.

Canon unveils exciting range of products in Nigeria

….Introduces the EOS R System, PIXMA TS9540 and the ZOEMINI

Canon Central and North Africa (CCNA), leaders in imaging solutions, has reiterated its commitment to the Nigerian market by announcing the launch of three new exciting products – the EOS R System, PIXMA TS9540 and the ZOEMINI. The new range of printers and the camera are poised to expand Canon’s imagery range in Nigeria and help customers manage productivity.

NSE suspends Diamond Bank’s shares over court sanction of scheme of merger with Access Bank

The Nigeria Stock Exchange (NSE) on Wednesday suspended trading in the shares of Diamond Bank Plc following the court sanction of the Scheme of Merger with Access Bank Plc.

NBA, Youtube Partner to Launch Live Games on League’s First Channel in Sub-Saharan Africa

The National Basketball Association (NBA) and YouTube have announced the launch of the NBA’s first YouTube channel dedicated to fans in sub-Saharan Africa. In addition to featuring two live games per week in primetime for the rest of the 2018-19 season, including the Playoffs, Conference Finals and The Finals, the NBA Africa YouTube channel will celebrate the impact of African players in the NBA.

Orange signs sponsorship deal for Fifa Women's World Cup 2019

French telecom giant Orange has signed a new partnership with this year’s Fifa Women’s World Cup in France.

Nigeria: Government mulls VAT increase

Nigerians were yesterday told to brace for a possible increase in the Value Added Tax (VAT).

Boeing announces management shake-up amidst 737 aircraft crashes

Following two deadly crashes of its flagship 737 MAX aircraft, Boeing Co has announced management changes at its commercial airplanes unit on Tuesday, promoting some program leaders who will report directly to the division's chief, Ray Conner.