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Business

NDPC Slams N555.8m Fine  on Fidelity Bank for Unauthorised Use of Customer’s Data

Fidelity Bank PLC has been slammed with a fine of N555,800,000 for violation of the Nigeria Data Protection Regulation, 2019. The Bank was also given 14 days notice to payment of the fine or risk legal action by the Nigeria Data Protection Commission (NDPC). A statement from the NDPC, revealed that  investigation into the data […]

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News

Nestle Recounts Impact  of ‘Alliance for Youth Nigeria Initiative’ , Reaches 1,331 Youths with Vocational Skills

According to the Nigerian Bureau of Statistics, Nigeria’s youth unemployment rate among individuals aged 15-24 rose to 8.6% in Q3 2023, reflecting an increase of 1.4% from Q2 2023. In response to this growing challenge, initiatives such as the Alliance for Youth Nigeria came together to address the gap by developing innovative solutions that create […]

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Business

How Core Longevity Builds Robust Connectivity Ecosystem

Bob Lafite, Managing Executive Core Infrastructure at BCX examines the importance of long-term investment into South Africa’s connectivity ecosystem A reliable and capable connectivity ecosystem within South Africa has the potential to transform business efficiency, citizen service delivery, and drive the economy. As the South African Institute of International Affairs (SAIIA) highlights – connectivity is the backbone […]

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Business

Flutterwave Enables American Express Payments Acceptance for Nigeria’s Online Merchants

Flutterwave, Africa’s payments technology company, said its online merchants in Nigeria can now accept American Express payments. American Express Card Members – with consumer, business, or corporate cards-will be able to make payments directly to e-commerce businesses using Flutterwave in Nigeria. This service will also be available to Flutterwave merchants in other countries including Tanzania, […]

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Technology

Datacentrix Wins Huawei Recognition as IT Services Partner of 2024 

Datacentrix, a provider of high performing and secure ICT solutions, has been recognised as IT Services Partner of the Year by Huawei, a global provider of ICT infrastructure and smart devices. The award was presented at the recent Huawei Africa Connect 2024 event. Taking place at the Sandton Convention Centre in Johannesburg, Africa Connect featured […]

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Business

Stepping Up Youth employability for Jobs, Better Life 

AMA PRESS RELEASE Imagine routinely hearing this from young Africans: ‘’I run my own startup. I plan to hire three young people as the business is expanding”, or ‘’I was employed by a good company only three months after I finished school and I’m enjoying my job.’’ These are the kinds of success stories young […]

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Business

AfCFTA Secretary General to Deliver Keynote Address at 12th Africa Fintech Summit in Nairobi

AMA PRESS RELEASE With a little over two weeks to the start of the 12th Africa Fintech Summit, we are excited to announce that His Excellency Wamkele Mene Secretary-General of the African Continental Free Trade Area (AfCFTA) Secretariat, will give a keynote address on the morning of September 05, 2024, at the 12th Africa Fintech […]

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Financial

MTN Group Laments Naira Devaluation, Inflation Impact on Revenue as EBITDA Drops by 41.2% 

MTN Group, Africa’s biggest mobile operator, said the decline in value of the Nigeria naira and inflation were its biggest undoing in the West African country. The African also said that it recorded huge losses in the first half (H1) of 2024 adding that it faced challenges in its Nigerian operations, the mobile operator’s biggest […]

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Business

Africa’s B2B e-commerce Firm, Sabi Appoints Sanjeev Kulkarni as Head of Sustainability & ESG

Sabi, an  African B2B e-commerce connecting African markets with each other and the world, today announced the appointment of Mr. Sanjeev Kulkarni as the Head of Sustainability and Environmental, Social, and Governance (ESG). This strategic move underscores Sabi’s commitment to sustainability, traceability, and digital innovation in its commercial operations. Ultimately, the goal of Sabi’s ESG […]

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Business

TD Africa Partners ZTE to Offer Nigerian Consumers Diverse Affordable Devices 

TD Africa is set to redefine and further strengthen the Nigerian mobile phone ecosystem as it partners ZTE Corporation on its smartphone range. This recent strategic partnership ushers in a new era of mobile availability to the Nigerian mobile consumers, offering a diverse range of devices that combine affordability, performance, and innovation to cater for […]

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