Victor Moses wins again, named Opera Ambassador
Opera (www.Opera.com) has named Victor Moses, the Nigeria international and Chelsea player as brand ambassador of Opera Mini, the most popular browser in Africa. The partnership will kick off today,…
Ransomware virus: NCC warns operators, consumers; lists precautions
The Nigerian Communications Commission (NCC) in fulfilment of its statutory mandate to assure the security and integrity of the national telecommunications network wishes to alert all operators and their respective…
Court orders Skye Bank to take over Intercontinental Hotel over debt
A Federal High Court in Lagos has ordered Skye Bank Plc to take over a five-star hotel, Intercontinental Hotel, located at Plot 244 and 245 (now 52) Kofo Abayomi Street,…
Forex squeeze worries Microfinance institutions, association cries out to CBN
Microfinance institutions in Nigeria are bemoaning the current economic recession and the lingering unstable or unpredictable foreign exchange trend in the country as a great danger and huge obstacle to…
Yudala gets new CEO: He’s Wole Ogundare
Yudala, Nigeria’s fastest growing composite e-commerce outfit, has announced the strategic appointment of Mr. Wole Ogundare as Chief Executive Officer. The appointment takes effect from May 1st 2017. Wole Ogundare’s…
Bharti Airtel revenue slumps in India, Africa; mobile data revenue declines by 14.7 %
Bharti Airtel reported continued weakness in its fiscal Q4 ending 31 March, with its profit falling sharply and mobile revenue in its key Indian and African markets dropping by double-digit…
Why Ponzi schemes thrive despite risks
Largely unheralded for a long time, Ponzi schemes came to the consciousness of the entire nation in 2016. With the descent of the Nigerian economy into its first full depression…
Don Jazzy, Wizkid and Davido, are among the top ten richest African musicians
Forbes Africa has released its list of Richest African musicians. The list was put together using factors such as endorsement value, popularity, show rates, sales, awards, YouTube views, appearance in…
Ajaokuta Steel nearing completion, to provide 500,000 jobs
The first phase of Ajaokuta Steel Company will provide 500,000 upstream and downstream employment when it becomes operational. Mr Isah Onobere, the Sole Administrator of the company, told journalists on…
Shell to invest $25bn in Nigeria, other nations; rakes in $2.2bn income in three months
Oil giant, Royal Dutch Shell, has announced plans to invest about 25 billion dollars this year in Nigeria and all its oil and gas operation across the world. Shell made…