Business

Jack Ma Foundation’s Accelerator Flags-off $1.5m Prize African Hero Contest

Africa’s Business Heroes (ABH) Prize Competition has opened entries for African entrepreneurs to apply for its fifth annual edition. The philanthropic initiative, sponsored by the Jack Ma Foundation and Alibaba Philanthropy, was founded by the Africa Netpreneur Prize Initiative, the Jack Ma Foundation’s flagship philanthropic programme in Africa. According to a statement, the competition aims […]

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Business

Nigeria’s Domestic Airfares Up By 66.36% in One Year, Says NBS Report

The National Bureau of Statistics (NBS) has disclosed that domestic air transport fares increased by 66.36 per cent in the last one year. This was contained in its latest report titled, ‘Transport Fare Watch (February 2023)’. According to the Bureau, the average fare paid by air passengers in air travel for specified routes single journey […]

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Business

Ecobank Takes ‘Financial Planning Education’ to Schools

Ecobank Nigeria has began a new wave of financial inclusion embarking on financial education for Secondary School students across the country on personal financial management which include savings, budgeting, and investment being part of activities to commemorate the Global Money Week (GMW). Tutoring the students of Comprehensive School Management and Technology, New Layout, Abakaliki, Ebonyi […]

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Business

Agropartnership Farmforte ‘Flee’ With Investor’s N2.25m

Nigerian agribusiness platform Agropartnership startup, that went out of public glare over default of customers’ investment have apologised. The duo of Uyi Osayimwense and Osayi Osazuwa, founders of the agribusiness platform Agropartnership, were last seen in public on February 16, 2022, when Osayimwense apologised publicly to their numerous investors in a social media video. According […]

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Business

Nestlé Assures of Commitment to Safe Environment, Marks World Water Day with Ogun State Govt

Nestlé Nigeria has assured stakeholders of its to a safe environment as marks the 2023 World Water Day in collobaration with the and Ogun State Ministry of Environment has hosted a stakeholders’ forum to commemorate World Water Day 2023. Aimed at promoting sustainable water stewardship practices, the forum had over 400 stakeholders drawn from the […]

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Business

DANGER LOOMS: Nine of Ten African Businesses Lack Cyber Security Measures

The trend of the digital economy, which gained momentum with the global pandemic, is facing a threat from the rising number of cyber security risks. A recent report identified that 90% of businesses in Africa operate without cyber security protocols in place. The report underlined that not only established companies, but also start-ups based in […]

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Business

JUST IN: Nigerian Govt Removes Excise Duty for Telecoms Services Citing Stability in Cost of Service

The Nigerian Government has announced the removal of excise duty for telecom sub-sector of Nigeria’s Digital Economy Industry in line with the recommendations of the Committee it constituted to review the applicability of the Duty to the telecom sector which is considered already overburdened with taxation and sundry levies. The Minister of Communications and Digital […]

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Business

Over 30 Host Community Youths Acquire Electrical Training at Dangote Empowerment Programme

No fewer than 30 youths from communities around Ibese in Ogun State have graduated from a training programme put together by Dangote Cement Plc, Ibese Plant as a way of transforming society and providing employment opportunities for the youths. The empowerment programme which afforded the youths the opportunity to be trained on domestic electrical installation, […]

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Business

NCC Collaborates with FAAN to Launch ‘TELCARE Desk’ Consumer One-stop Help Desk

The Nigerian Communications Commission (NCC), today in the nation’s capital city launched the Telecoms Consumer Assistance, Resolution and Enquiry Desk (TELCARE Desk) at the Nnamdi Azikiwe Airport Abuja to mark the 2023 World Consumer Rights Day. The TELCARE Desk was designed by the NCC to provide industry news and update, information on regulations and policies, […]

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Business

Nigeria’s Flutterwave Unveiled as Lead Sponsor of Africa Fintech Summit 2023

Nigeria’s Flutterwave has been unveiled as the Lead Fintech Sponsor for Africa Fintech Summit in 2023 holding in Washington DC and in one African city, to be announced soon. The sponsorship comes at the heels of Flutterwave’s latest licenses issued in Egypt making it possible for Flutterwave to be an official payment service provider that […]

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