Microsoft on Friday announced that co-founder and technology advisor Bill Gates stepped down from the company’s board of directors to dedicate more time to his philanthropic priorities including global health, development, education, and his increasing engagement in tackling climate change. Gates will continue to serve as technology advisor to CEO Satya Nadella and other leaders […]
Read MoreJumia, e-commerce platform in Africa has gone into a major partnership with Reckitt Benckiser, health products manufacturer to help consumers access hygienic products at the lowest price. The partnership will provide a steady supply of hygiene products such as soap bars, disinfectants, and liquid hand wash at affordable pricing. These products are facing a growing […]
Read MoreEcobank Nigeria said it is providing opportunities that supports exporters and importers within the African region. Head Trade Finance of Ecobank Nigeria, Sunday Abah, who made the remark at a meeting with journalist in Lagos, South West Nigeria said the bank’s unique intra-Africa trade solutions enable settlements of trade transactions and mitigates payment risk; provide […]
Read MoreThe UK launched the second round of a business innovation challenge fund that will see an additional 5 promising businesses receive grant funding and technical assistance of up to KES 13,000,000 (£100,000) each. The call for proposals will seek to support initiatives that are innovative, sustainable and with the potential to stimulate job creation. The […]
Read More:The Lagos Chamber of Commerce and Industry (LCCI), has sought the partnership and collaboration of the Nigerian Communications Commission (NCC) for the successful hosting of this year’s edition of the Information Communication Technology and Telecommunications (ICTEL) Expo. The request was made by Leye Kupoluyi, LCCI Vice President, when he led a delegation of the Chamber […]
Read MoreEcobank Nigeria wishes to provide its position on a statement released by the Federal Inland Revenue Service (FIRS) on the judgement of the Tax Appeal Tribunal (TAT), sitting in Lagos in respect of a disputed tax liability between the Bank and the FIRS for the 2015 financial year. For purposes of clarity, the decision of […]
Read MoreAgainst a backdrop of global economic slowdown, tourism spending continued to grow, most notably among the world’s top ten spenders. France is reported to be the strongest increase in international tourism expenditure among the world’s top ten outbound markets (+11%), while the United States (+6%) led growth in absolute terms, aided by a strong dollar. […]
Read MoreYale Africa Initiative, a long-term university wide commitment to enhance Yale’s ongoing bilateral engagement with African institutions and to bring African scholarship, research, and education is expected to be the focus as its President Peter Salovey visits Nigeria to expand partnerships. He will participate with the university’s collaborators in meetings, events, tours, and other activities […]
Read MoreThe share price of MTN increased by 5.3 per cent to 83.67 rand on Friday following the announcement of the revocation of its $2bn tax case in Nigeria. The increase in the share price pushed the company’s market value to 158 billion rand ($11.1bn), according to Bloomberg. MTN, in a letter filed at the Nigerian […]
Read MoreThe Board of Directors of the African Development Bank has approved a grant of $5 million to enable the Tony Elumelu Foundation Entrepreneurship Programme to scale up its outreach and impact to 1,000 select youth entrepreneurs. The grant follows the signing of a letter of intent between the Bank and the Tony Elumelu Foundation, which […]
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