MTN, Africa’s biggest mobile carrier, has continued to weather COVID-19 pressures in Nigeria, recording double-digit growth in data revenue and fintech services in the six months ending June. MTN Nigeria said the pandemic weighed on profits for the period but it maintained double-digit service revenue growth. The telco’s data revenue rose by 57.6%, which MTN […]
Read MoreThe newly appointed Chief Executive Officer (CEO) of Seplat Petroleum Development Company Plc, Roger Brown has a resumed office. August 2, 2020: Roger Brown, the new resumed on August 1, 2020. According to a statement announcing his resumption, Brown is expected to lead SEPLAT into the next phase of the company’s growth aspirations following the […]
Read MoreSamsung Electronics Company Limited is considering dropping its Bixby virtual assistant and Galaxy Apps Store from its mobile devices as part of a new global revenue-sharing deal with Alphabet Inc’s Google, according to correspondence seen by Reuters on Tuesday. Google has tried for years to get Samsung, the world’s leading mobile device maker by units […]
Read MoreIn commemoration of the National Diaspora Day, Ecobank Nigeria is offering zero fees for money transfers on the Rapidtransfer App from now till the 31st of October 2020. The Federal Government has set aside July 25 of every year as the National Diaspora Day in recognition of the contributions of Nigerians living outside the country […]
Read MoreThe Impact of Facebook’s Connectivity Initiatives in Sub-Saharan Africa is expected climb as high as $57 billion in the next five years. A study conducted by Analysys Mason highlighted how Facebook investments in infrastructure and connectivity across the region will deliver over $57 Billion in Economic Benefits over the next five years (2020–2024). According to […]
Read MoreMothering and childcare focused e-commerce companies BabyBliss Nigeria and MumsVillage Kenya have merged to create a pan-African entity, providing what they say is an “unparalleled omnichannel commerce, community and content offering”. BabyBliss Nigeria brings deep retail and e-commerce experience in Africa’s largest economy, while MumsVillage Kenya, a parental advisory platform that moved into the e-commerce […]
Read MoreDana Air has Introduced WhatsApp booking in line with the social and physical distancing measures of the COVID-19 and to create ease of booking, payment and inquiries for its guests. The airline said the WhatsApp booking, payment platform, would serve as an additional platform for booking, inquiries, reservation and payment apart from its website, the […]
Read MorePan-African banking group, Ecobank, has won the coveted prize of Africa’s Best Bank for Corporate Responsibility in the Euromoney Awards for Excellence 2020. Euromoney recognises Ecobank’s focus on sustainability and partnerships and its core capabilities in delivering positive social and environmental outcomes across Africa. Chief Operating Officer of the Ecobank Foundation, Carl Manlan, said: “At […]
Read MoreAnalysts at Afrinvest (West Africa) Limited are optimistic about the future of MTN Nigeria Plc and Airtel Africa Plc, they have therefore urged for investors to consider its shares for purchase saying that their current prices are undervalued. Afrinvest comment was made in its latest report noting that the telecommunications sector in Nigeria remains the […]
Read MoreEcobank Nigeria has restated its commitment to the Agricultural sector and is supporting over 70,000 farmers with special loans to increase their capacity and yields during this planting season. This is one of the bank’s initiatives to promote entrepreneurship in the sector and is in support of the Central Bank of Nigeria’s Anchor Borrowers programmes […]
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