Business

Rack Centre Backs Africa Tech Festival Designed to Unit Africa’s Tech Ecosystem

Rack Centre, West Africa’s Best-connected Carrier and Cloud neutral data centre, has announced the sponsorship of Africa Tech Festival 2023. During the three-day festival, there will be a series of activities aimed at uniting Africa’s tech ecosystem and industry verticals. Africa Tech Festival, home to AfricaCom and AfricaTech, is a flagship event for technology and […]

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News

NASENI, Agric Ministry Forms Alliance to Tackle Climate Change Impact on Agro-Industrialization

The National Agency for Science and Engineering Infrastructure (NASENI) and the Federal Ministry of Agriculture and Food Security have commenced discussions on how to deploy existing technical competencies and other resources by the two institutions to improve agro allied-industries development targets, climate change mitigations and smart solar irrigation aimed at dry-season farming. The trio of […]

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Business

About 77% of Under-40s Prefer Bitcoin Over Gold as Investment

More than three-quarters of under 40s would rather Bitcoin than gold in their investment mix, reveals a new survey by one of the world’s largest independent financial advisory, asset management and fintech organisations. The deVere Group poll shows that 77% of clients aged under 40 would opt for the cryptocurrency over the precious metal in […]

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Financial

MTN Nigeria’s Momo Hits 63.5 Million Users as Ghana Tops Group Service Revenue by 36.6%

MTN Nigeria MoMo active users increased to by to 63.5 million impacted by a strategic focus shift from agent banking to wallet in Nigeria. And in the MTN Group,Ghana toppled Nigeria in service revenue increasing its revenue by 36.6% as against MTN Nigeria’s 21.4 %. In its third quarter ended 30 September report, the Africa’s […]

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Nestlé Takes Staff Out on Clean-up, Reassures of Committed to Environmental Sustainability

To work towards its vision of a waste-free future, Nestlé Nigeria takes necessary actions to promote behavioral changes, and to build a circular ecosystem in waste management, starting from the company’s employees and extending to the communities closest to its operations and to a wider audience across Nigeria. With a strong commitment to help protect, […]

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Business

Dangote Group Slams BUA Over Sponsorship of False & Negative Reports 

Dangote Industries Limited (DIL) has refuted allegations that it engaged in illegal foreign exchange deals, warning those peddling the allegation of economic sabotage against the company to desist from such underhand practices. It gave the warning following claims in some sponsored reports in the online media, suggesting that the company is being probed for alleged […]

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Business

Dangote Repatriates $687,977m from Pan-African Operations

Dangote Industries Limited (DIL), have repatriated over USD576,008,672.41 through various banks in Nigeria, in addition to a $111,968,109.38 cash swap arrangement between Dangote Cement Plc and Ethiopian Airlines; thus saving the same amount that would have been paid by the Central Bank of Nigeria (CBN). The company revealed this in a statement released to the […]

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Business

Mobile Marketing, Unstoppable Force Shaping our Daily Lives

n a digital age, the cellphone is indeed king, with mobile marketing becoming an unstoppable force that significantly shapes our daily interactions, purchases and communication. Oberlo reports that the number of global smartphone users is estimated to be 5.25 billion in 2023, which is 2.6 billion, or 98%, more than the number of smartphone users in 2016. […]

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Business

Illicit Funds in Cryptocurrency Mixers Soar by 63% in 2023

Cryptocurrency mixers, also known as tumblers, have become a method for individuals looking to conceal their activities in the decentralized and pseudonymous world of crypto. These services were initially created to provide users with increased privacy and anonymity. However, recent reports reveal a concerning trend. According to BanklessTimes.com, there has been a 63% year-on-year surge in funds being […]

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Business

Seplat Energy Rejigs Board Bringing in More Experts & Professionals for Business Growth

The Seplat Energy has expanded its board bringing in more experts and professionals to drive further its business, and joining the Board of Directors, whose appointments  have been  approved are: Mr. Christopher John Okeke, Mr. Udoma Udo Udoma and Mr. Babs Omotowa as Independent Non-Executive Directors of the Company. Mr. Okeke and Mr. Udoma will […]

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