27-year-old tech bro, Josiah Sinebe doesn’t mind moving back in with his parents. It’s a perk that comes with working a remote tech job. That perk has proved convenient with the current hike in fuel prices in Nigeria. “In the last few weeks, I spent more than double what I would previously spend on the …
Sterling One Foundation announces second edition of the Africa Social Impact Summit
The Sterling One Foundation is pleased to announce that it will be hosting the second edition of the Africa Social Impact Summit (ASIS) between the 10th and 11th of August 2023 in Lagos, Nigeria, alongside corporate and development partners. Following the successful implementation of some of the solutions put forward to tackle key African challenges …
Dr Adenike Fajemirokun, the silent executive driving Africa’s largest conglomerate – Dangote Group.
The Dangote Group is a Nigerian multinational conglomerate that dominates several industries within the country and Africa as a whole. The Dangote Group has over the years sustained its market leadership in Cement Manufacturing, Sugar Milling, Sugar Refining, Port Operations, Packaging Material Production, Salt Refining Flour Production, Real Estate and most recently, Oil and Gas amongst …
RedCloud surpasses half a billion dollars in trading volume in Nigeria in 12 months
RedCloud, has today announced a major milestone. In just 12 months, it has passed a trading volume of $500m in a single territory – Nigeria. Known for its mission to enable commerce everywhere, RedCloud seeks to support emerging markets by digitally connecting FMCG brands, distributors, and merchants, providing them with the technology they need to …
Lagos Leather Fair 2023 Drives Discourse on the Future of African Creatives in the Global Leather Industry
Lagos Leather Fair, the leading leather trade event in Africa and initiative of Femi Olayebi, CEO, Femi Handbags, has further advanced the growth of leather industry in Nigeria and Africa, at its recently concluded 6th edition. The 2-day event which held at Balmoral Convention Centre, Lagos from 17 – 18 June, hosted over 3000 industry …
Olam Agri’s seeds for the Future Wins Sustainability Initiative of the Year Award 2023
Olam Agri in Nigeria, a leading agribusiness in food, feed and fibre, has been recognised for its impactful sustainability investment. The agribusiness’ Seeds for the Future (SFTF) initiative emerged as a Sustainability Initiative of the Year at the African Food Awards 2023, held on June 16 in Nairobi, Kenya. The Africa Food Awards recognises and …
Watergen: Uncovering a sustainable solution to Nigeria’s water crisis
Nigeria’s water crisis is a complex narrative of contrasts. While the country boasts of vast water bodies such as the Niger River and Lake Chad, a significant portion of the population struggles to access safe drinking water. It has been reported that Nigeria has approximately 60 million of its population living without access to basic …
Norfund strengthens footprint in Nigeria to drive sustainable economic growth
Norwegian Investment Fund for developing countries, Norfund, recently organized its first stakeholder event in Nigeria which hosted key players across multiple industries in the private sector to provide an update on its activities in Nigeria and West Africa. The exclusive forum and luncheon held at Lagos Continental Hotel announced Norfund’s intention to increase investments in …
#VivaTech: Tony Elumelu calls on African entrepreneurs to embrace technology as he discusses Africapitalism
Africa has recorded significant growth in internet penetration in the last 12 months. Statista reported that the continent had around 570 million internet users in 2022, a number that more than doubled compared to 2015. “Nigeria, the most populous African country, concentrates the largest number of users. These amounted to over 100 million in 2022, …
AMMBAN defies CBN, jerks up charges for PoS transactions
The Association of Mobile Money and Bank Agents In Nigeria (AMMBAN) Lagos Chapter, has released a unified price list for Point of Sales (PoS) transactions. Stephen Adeoye, the spokesman of the Lagos Chapter of AMMBAN on Friday, said this on Channels Television while giving the details of the increase in the unified price list for …