Business

Effective Stakeholder Collaboration Key to Sustain Financial Inclusion, Experts Advocate

Stakeholders at the Ecobank-Vanguard Digital Financial Inclusion virtual summit say collaborations and well thought out partnerships are needed to drive the financial inclusion strategy of operators and regulators in 2021. They noted that though great strides were made in the course of the year, especially during COVID-19 pandemic lockdown, more concerted efforts are needed to […]

Read More
Business

GITEX 2020: Nigeria Dangles $448b Investment Opportunity at Investors

Nigeria is both a geographic and an economic gateway to sub-Saharan Africa. As a geographic gateway, it has a prime location between West and Central Africa. In other words, investing in Nigeria gives investors easy access to close to 550 million people- 200 million from Nigeria, another 200 million West Africans and about 150 million […]

Read More
Business

Global ICT Vendor Sales Game Changer for 2021

2020 was a challenging year for anyone in sales, especially so for the sales function within large ICT vendors across the continent. We will see this hardship continue into 2021, how we respond to the new demands will be critical for the sector. Louise Robinson, sales director of CG Consulting explains that for the sales […]

Read More
Business

Shocking: How Companies Sell Customers’ Data to Third Party for Cool Cash

Customer data is a valuable commodity to businesses, which they use to improve and market their products. However, some companies profit from selling your data to other businesses. According to data presented by the Atlas VPN team, one in ten businesses globally sell customer data to third parties. The numbers are based on The Kaspersky […]

Read More
Business

Sterling Bank, MasterCard Launch Financing Scheme for Women in AgricBiz

Sterling Bank Plc, has launched a new product, called ‘Sterling Women and Youths in Agriculture Finance’. It said it would provide low-cost financing at single-digit rates to young men and women entrepreneurs in the agribusiness value chain across the country. The bank said this in a statement entitled ‘Sterling Bank launches single-digit agribusiness facility for […]

Read More
Business

CBN Opens FOREX Access from Diaspora in Policy Directive

The Central Bank of Nigeria (CBN) yesterday unveiled a new policy that grants unfettered access to Forex from Diaspora and other money transfer remittances like Western Union and MoneyGram. The bank also clarified transactions that are eligible under the policy in line with global best practices. The policy allows beneficiaries of Diaspora remittances through International […]

Read More
Business

Amazon Leads Global Internet Business with Fortune of $96.1b

Amazon has proved to the world that it is leader in the global internet business leading the likes of Facebook, Apple, Alphabet, and Twitter with a fortune of $96.1billion revenue. The superstar, which broke all of its own records set last quarter had total revenues of $96.1 billion, up by 37%, while the operating profit […]

Read More
Business

Armoured Vehicle Maker, STREIT Group Expands As Global Insecurity Persist

In a virtual ceremony, one of the world’s leading privately-owned armoured vehicle manufacturer – STREIT Group, has announced the launch of Phase 3 of its ongoing expansion project. The event, which was attended by His Highness Ahmed bin Saqr Al Qasimi, Chairman of Ras Al Khaimah Economic Zone (RAKEZ), the 30-year-old group announced its endeavours […]

Read More
Business

MTN Group Name Africa’s Most Valuable Brand, Worth $3.3m

MTN Group is pleased to announce that it has been named the most valuable African brand in the Brand Finance Africa 150 2020 ranking, which ascribes a brand value of US$3.3 billion to MTN. Brand value is the net economic benefit that a brand owner would achieve by licensing the brand in the open market. […]

Read More
Business

MTN Nigeria Chief Marketing Officer Moves to Liberia as Chief Executive Officer

MTN Nigeria today announced that its Chief Marketing Officer, Rahul De, is vacating his position to assume a new role within the MTN Group. Effective November 1st Rahul will become Chief Executive Officer, MTN Liberia. Rahul was appointed Chief Marketing Officer of MTN Nigeria in 2015 and went on to drive the sustained growth of […]

Read More