Telegram Secures $210M through Bond Sale in Attempt to Reach Profitability

Telegram, the popular messaging service, has raised $210 million through bond sales to boost its 800 million monthly users. This takes the company's total debt borrowing to more than $1.2 billion. Telegram sold $270 million in bonds to some investors, including its founder and CEO Pavel Durov, who personally purchased almost a fifth of the new Telegram bonds.

Dow partners with LEAP Africa to promote active citizenship among Africa’s Youth

…announces the fourth edition of its Pan-African Youth Day of Service initiative

Dow, a global leader in materials science, and LEAP Africa, one of Africa’s foremost youth-focused leadership development organisations, have announced a partnership for the Pan-African Student Day of Service (YDoS) social impact programme in 2023. This programme, which is set to begin on August 12th, International Youth Day, will engage young people from around Africa in a month-long service to their communities in accordance with the United Nations' Sustainable Development Goals (SDGs).

LG Door-in-Door Refrigerators: A Revolution in Convenience and Cooling Efficiency for the Nigerian Market

...Offering 10-Year Warranty & Unmatched Cooling Efficiency

LG Electronics, a global leader in home appliances, proudly introduces its latest innovation in refrigeration technology. The all-new LG Refrigerator sets a new standard in cooling efficiency, providing exceptional performance while delivering peace of mind with an unprecedented 10-year warranty.

EXMAN Elects First Female President

...New Exco Reaffirms Commitment to EXMAN's vision

The Experiential Marketers Association of Nigeria (EXMAN) has elected renowned marketing professional and Lead Consultant, Aster Integrated Marketing Limited, Tolulope Medebem as its new president. She took on the baton from Tunji Adeyinka.

Airtel Nigeria Appoints Oluwafemi Oshinlaja as Chief Commercial Officer

Airtel Nigeria, one of the leading telecommunications companies in the country, has formally named Oluwafemi Oshinlaja as its Chief Commercial Officer (CCO). The appointment, which became effective on May 1, 2023, was a big step forward for the newly appointed CCO.

Nasty C and Zack Tabudlo Collaborate on New Song "Fallin'" with Coke Studio

Nasty C and Zack Tabudlo have released a new song titled "Fallin'," their first collaboration project with COKE STUDIO, Coca-Cola's worldwide music platform that brings together the most exciting developing and breakthrough artists from around the world to create 'Real Magic.' 

Egbin Power commemorates Tree Planting Day to deepen environmental sustainability

Egbin Power Plc has re-emphasized the derivable benefits of trees to environmental sustainability and biodiversity, as the GenCo yesterday joined Lagos State Government to commemorate this year’s Tree Planting Day.

Standard Chartered Reiterates its Commitment to Nigeria

...Enters into Five African Countries Sales Agreements with Access Bank

Standard Chartered Bank and Access Bank Plc (Access) have agreed to sell Standard Chartered's stakes in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone, as well as its Consumer, Private, and Business Banking operations in Tanzania. Each transaction is still subject to the approval of the respective local and banking regulators in Nigeria.

Electric flying car by Alef obtains approval for test flights

Alef Aeronautics, a sustainable mobility company that is designing and developing a flying car, announced today that it has received Special Airworthiness Certification from the United States Federal Aviation Administration, marking the first time a vehicle of this type has received legal approval to fly from the United States Government.

Football Legend Lionel Messi, Hard Rock Launch the Messi Chicken Sandwich

The new chef in town! To celebrate Messi's move to the United States, a new menu item bearing his name is now available globally at Hard Rock Cafe locations and select Hard Rock Hotels & Casinos via in-room dining. Starting today, foodies, soccer and sports fans around the world can order the Messi Chicken Sandwich. 

Onafowote, others win Africa Procurement and Supply Chain Awards

Fatai Onafowote, Director General of the Lagos State Procurement Agency, has been selected to receive the 2023 Africa Procurement and Supply Chain Award, which will be held in Lagos on July 27 and 28, 2023.

Microsoft-backed FAST Accelerator Launches Second Cohort of Artificial Intelligence Program to Boost African Startups

...Ten Companies Based in Africa to be Selected for Five Week Bootcamp in California

Flapmax, a leading artificial intelligence (AI) company on a mission to enrich the lives of everyone on the planet through innovation, has announced the launch of the second FAST Accelerator program. It is designed to support and fund the next generation of innovative companies and entrepreneurs throughout the African continent. Building on the success of the inaugural program, FAST Accelerator 2023 offers a transformative experience for startup founders seeking to scale rapidly and sustainably. More than 800 startups from 25+ countries applied to join the inaugural program.

Basketball Africa League: 24 Players to Compete on Select Teams at International Basketball Showcase in Toronto

From Wednesday, July 12th to Sunday, July 16th, 2023, two Basketball Africa League (BAL) Select Teams comprised of 24 male and female players ages 23 and under (U-23) from across Africa will participate in GLOBL JAM, an international basketball showcase at Mattamy Athletic Centre in Toronto, Canada.