Nigeria has stepped up its fight against cancer with the launch of its National Cancer Control Plan 2018-2022.
Agritech startup, Farmcrowdy, enables UK-based Nigerians to invest in poultry and local farms via mobile phones
UK-based Nigerians are investing in Nigeria’s booming agricultural sector from the comfort of their homes, thanks to one and half-year-old, VC-backed agritech platform, Farmcrowdy.
Agritech startup, Farmcrowdy, enables UK-based Nigerians to invest in poultry and local farms via mobile phones
UK-based Nigerians are investing in Nigeria’s booming agricultural sector from the comfort of their homes, thanks to one and half year-old, VC-backed agritech platform, Farmcrowdy.
Pharmaceutical company ViaDerma has entered into a $250,000 initial sales agreement with Vage Nigeria Ltd. a brand support company specializing in product sourcing.
[Nigeria] The Africa America Institute collaborates with Covenant University for the Jim Ovia Foundation Leaders Scholarship
The Africa America Institute (AAI) just signed an MoU with Covenant University, making the institution the second university partner for the Jim Ovia Foundation Leaders Scholarship (JOFLS).
Nigeria’s Ministry of Petroleum has approved the recommendation by the Department of Petroleum Resources to revoke three Oil Mining Leases operated by Shell Petroleum Development Company, a local arm of Shell, the Anglo Dutch major.
The top ten economies by Gross Domestic Product in Africa all have active competition regulation, save for Angola and Nigeria but those countries are in the process of establishing completion law regimes, which are expected to be up and running soon.
As part of its West Africa expansion, connectivity and data centre solutions operator MainOne has secured a license to expand national and international connectivity services in Cote d’Ivoire.
With the saturation of the mobile phone market in Nigeria and the advent of Financial Technology startups (FINTECH) in the financial services industry, the Nigerian polity has witnessed higher financial inclusion amongst the underbanked and unbanked.
Bank of Agriculture (BOA) and SunTrust Bank have sealed an e-banking agreement described by the Minister of Agriculture Audu Ogbe as ‘landmark’ and instrumental to the development of agricultural sector in Nigeria.
Anglophone West African countries weather odds to project bright economic prospects, Ecobank research
The economic forecast for Anglophone West Africa is looking brighter according to analysis by Ecobank’s research team in the newly published Anglophone West Africa section of its flagship financial website.
Nigeria Vision 20:2020 is set to be a major development plan for the country to accelerate growth of commercial and industrial sectors over the coming years.
The Value Added Services (VAS), segment of the telecom market in Nigeria has recorded the sum of $200 million revenue as at first quarter this year, Prof. Umar Danbatta, Executive Vice-Chairman of Nigerian Communications Commission (NCC) has said.
The Nigerian High Court has stopped the sale of 9mobile following opposition to the deal by some shareholders of the company,
Nigeria’s technology space is set to witness experiential platform with the unveiling of TechFest by Diamond Bank Plc in partnership with MTN, Visa, Microsoft, NIBSS, Deloitte and Touche, Interswitch and Beat FM.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that the corporation was committed to supporting local investors towards growing the engineering profession.
First Bank of Nigeria Limited continues to count on Automated Teller Machines, ATM, to improve customers’ experience and currently accounts for 37 percent of bills payment services on ATMs in Nigeria’s banking industry.
In 2017, Nigeria’s Gross Domestic Product (GDP) growth was 0.83% (compared to a decline of 1.58% in 2016). In the second quarter of 2017, the country officially emerged from arecession which had lasted about a year.
Lagos State, Nigeria’s largest healthcare market, lacks an adequate supply of quality secondary and tertiary healthcare facilities with only about 700 to 1,000 quality beds for a population of over 21 million people.
Konga, Nigerian online mall and Yudala, African composite e-commerce company have officially announced a merger of their operations which will see them effectively become the biggest organized retail and e-commerce/marketplace outfit on the African continent.
The National Engineering and Technical Company Limited (NETCO) has recorded a profit before tax of N3.257 billion for 2017 financial year.
Zoto, a product of Hedonmark Management Services Limited and Nigeria’s growing payment solution, today announces that its transacting user base and order volume grew by 56% and 200% respectively.
Nigeria’s Debt Management Office has listed N100billion, $278 million, 7-year, Federal Government Ijarah Sukuk with a rental rate of 16.47% on the floor of the Nigerian Stock Exchange.
Nigerian financial institution, Zenith Bank, is enhancing the ability of its customers to perform international transactions with the introduction of the Zenith Bank British Pounds and Euro Visa Debit Cards.
Web Assets Nigeria Limited has announced that the Hawk Eye Global Crime Reporting System is now available to Nigerians in Federal Capital Territory and Lagos to report crime and other incidents to law enforcement.
Alta Semper, a private equity manager investing flexible and strategic capital across select African growth markets, has announced a partnership with Nigeria’s leading retail pharmacy chain HealthPlus.
Technoserve’s Mom and Pop Shop projects return up to 41 per cent profit for owners in Nigeria and Kenya
Nonprofit organization TechnoServe has announced the results of the Mom and Pop Shops project, which reached nearly 1,000 owners and employees of micro-retail outlets over two years.
Vodacom Business Nigeria and Intelsat sign agreement to expand broadband connectivity throughout West Africa
Intelsat S.A, has announced that Vodacom Business Nigeria has signed an agreement for satellite services to expand its enterprise broadband networks and enable new and enhanced services throughout West Africa.
In its bid to ensure that Nigerians enjoy the benefits of steady supply and distribution of petroleum products, the Nigerian National Petroleum Corporation (NNPC) is working assiduously to expand its network of retail stations nationwide.
BBOXX and Lendahand Ethex launch annual £2.5 million crowdfunding initiative to provide families in Rwanda, Togo and Nigeria with affordable solar energy
Lendahand Ethex, an online positive impact investing platform and BBOXX, a next generation utility, have announced the start of a new Energise Africa partnership accessing for the first time, flexible finance from the UK crowd.
Zoto, a product of Hedonmark Management Services Limited and Nigeria’s growing payment solution, today announces that its transacting user base and order volume grew by 56% and 200% respectively in the last financial year.
No fewer than 160 firms of professional estate surveyors and valuers participated in the bid to provide the Nigerian National Petroleum Corporation (NNPC) with valuation and land acquisition services.
The Nigerian National Petroleum Corporation (NNPC) has executed contracts for the engineering, procurement, construction, commissioning and financing for Lots 1&3 of the 40inch x 614km Ajaokuta - Kaduna - Kano gas pipeline and stations.
Viper Networks Inc. in partnership with Apollo Smart Lights and Apollo INT’L SAL, has completed the first Smart Cities Solution deployment in Africa.
Farmcrowdy, Nigerian digital agriculture platform which allows Nigerians to venture in and sponsor agriculture, today announces the launch of 7,500 acres of new maize and rice farms in Nigerian states, Kaduna and Kwara.
[Nigeria] Terragon raises $5million from TLcom Capital to scale data and marketing technology platform for Africa
Terragon, Africa’s leading mobile marketing company has closed a $5 million funding round led by Africa-focused TLcom Capital with participation from other investors.
MTN Nigeria and Huawei have completed commercial deployment of the RuralStar 2.0 solution.
Peter-John Woest is Sales Manager in the South African eCommerce site, CAD4Africa, a provider of design technology that is now expanding into Nigeria and Kenya.
United Bank for Africa has announced its audited results for the financial year ended December 31, 2017, showing significant growth in the contribution and market share from its pan-African subsidiaries.
For decades, Nigeria's economy has been based on oil. The government is now moving away from its black gold dependence to open its economy up to diversification.
[Nigeria] Islamic Corporation for the Development of Private sector signs financing agreements with SunTrust and Wema Banks
The Islamic Corporation for the Development of the Private sector (ICD) and Jaiz Bank, SunTrust Bank and Wema Bank have signed a Line of financing agreements for a $20 million, $10 million and $20 million respectively.
IDH and Rockefeller Foundation partner to support Nigeria cassava value chain with a $2million investment
IDH, The Sustainable Trade Initiative, has received a grant of a $2 million grant from The Rockefeller Foundation to the IDH Cassava Initiative, to go towards industrializing the cassava value chain in Nigeria.
Nigeria’s economy is exiting a painful recession, but policy implementation needs to move quickly and comprehensively to facilitate economic recovery and help the country reap its longer-term potential.
British Council in partnership with YNaija.com has launched the West Africa Arts Exchange (WAArtsExchange), a community of the talented artists from West Africa and arts lovers across the world.
MultiChoice Africa and ROK are excited to announce the launch of two brand new channels ROK 2 and ROK 3 on DStv and GOtv on Thursday, 5 April 2018.
The Women Elite Sports Empowerment Initiative (WESIE) was founded in 2012 by British/Nigerian Funke E. Adeniji, who began playing basketball in her teens, working her way up from collegiate level basketball in the UK to division 1, the UK’s premiere league for women.
The Nigerian National Petroleum Corporation and the Enugu State Government have pledged to work together to revamp the strategic Enugu Depot towards meeting the petroleum products demand of the entire South-East region and beyond.
CAD4Africa is South Africa's largest CAD (Computer Aided Design) software eCommerce site that is disrupting traditonal reseller model in CAD industry.
MDXI data centre, a subsidiary of MainOne, has partnered with Avanti Communications Group Plc, a leading British satellite operator, to host and manage the satellite operator’s in-country Gateway Earth Station.
BitPesa, a cryptocurrency based money transfer platform in Africa has redefined buying and selling of frontier currencies in the continent.
Intertek renews contract with Nigeria for its Standards Organisation of Nigeria Conformity Assessment Programme
Intertek, a Total Quality Assurance provider to industries worldwide, has extended its contract with the Standards Organisation of Nigeria to continue to manage its Conformity Assessment Programme for exports to the country.
The Nigerian National Petroleum Corporation has expressed its readiness to collaborate with the Nigerian Mining & Geosciences Society towards growing the nation’s abundant hydrocarbon reserves.
Bill Gates, co-chair of the Bill & Melinda Gates Foundation, is visiting Nigeria to see first-hand the progress the country is making on primary healthcare provision, polio eradication, nutrition and financial inclusion.
StartCredits is a Nigerian financial technology startup that is redefining borrowing by offering competitive terms that reduce interest rates while advancing transparency.
Flywire, a provider of global payment and receivables solutions for education, healthcare, and business has partnered with Flutterwave, a payments API that makes it easier for banks and businesses to process payments across Africa.
The Founder/Chairman, Zenith Bank, Mr. Jim Ovia, has re-affirmed his support to the Lagos State Security Trust Fund by pledging an additional 150 percent of previous donations to the Trust Fund.
The Nigerian National Petroleum Corporation is poised to go paperless in its operations within the shortest possible time.
Loyalbonus a leading e-commerce company in Nigeria, has launched a loyalty reward bonus to both new and existing customers of the company’s marketplace.
US-based private equity investor Milost Global has signed a deal to invest $250 million in Resort Savings & Loans, a financial services company.
Mastercard has partnered with Vconnect, Africa’s leading online business listing service, to empower Micro, Small, Medium Enterprises as part of a shared commitment to drive financial inclusion and literacy in Africa.
Gauteng-based civil engineering and multi-disciplinary service company in the built environment, Isivuvu Technical Solutions is eager to seek market and expand its footprint to Ghana and Nigeria.
A recent report on the Nigerian Mobile Sector by Africa’s leading e-commerce company Jumia, has revealed an 11% increase in the number of Nigerians who visited the Jumia Website via their mobile phones, 79% in 2017 versus 71% in 2016.
FBN Holdings has announced the appointment of Mr Olawale Ariyibi as Chairman of the Board, FBNQuest Capital, and Mr Tijanni Borodo as Chairman of the Board, FBNQuest Trustees.
Guaranty Trust Bank has released its audited financial results for the year ended December 31, 2017 to the Nigerian and London Stock Exchanges.
The Nigerian National Petroleum Corporation (NNPC) has brought down the cost of producing a barrel of crude oil to $20, even as it now targets producing the black gold at $15 per barrel.
Zenith Bank has confirmed that it is in a strategic partnership with Facebook and Twitter to launch a Masterpass QR bot for Facebook messenger, that will enable Nigerian businesses set up digital accounts and accept QR payments.
Arik Air will from March 17, 2018 move all its Port Harcourt flights to Murtala Muhammed Airport Terminal 2 (MMA2) Lagos.
BeepTool Communications, a Nigerian fintech and VoIP company has been positioning itself to change the landscape of mobile communication and connectivity inclusion in Sub-Saharan Africa by offering low cost ICT solutions.
The latest West Africa Consumer Confidence Index (CCI) figures released by Nielsen for Quarter 4, 2017 show a marked increase and continued positive performance for both Nigeria and Ghana.
Central Bank of Nigeria strengthens commitment to boost digital payments adoption with latest license approval
Committed to boost digital payments adoption and digital financial inclusion in Nigeria, the Central Bank of Nigeria (CBN) has granted a Payment Solution Service Provider (PSSP) license to Cellulant Nigeria Limited.
Indonesia has expressed the desire to buy more crude oil from Nigeria, a request having been made by the Head of Economic Affairs of the Indonesian Embassy.
The Nigerian National Petroleum Corporation (NNPC) recorded total export receipts of $476.25m in December, 2017, from sale of crude oil and gas as against $201.11m in November, 2017.
IFC has signed a cooperation agreement with the Government of Nigeria to implement a $2 million initiative targeting regulatory and institutional reforms that will strengthen Nigeria’s agribusiness sector.
Verhaal, a Nigerian startup has been working with SMEs and entrepreneurs in digital and social media marketing at a time when companies in the country are increasingly expressing appetite for new media advertising to reach a wider online community.
The Centre of Excellence in Marine Engineering and Offshore Technology is set to open its doors to the pioneer students who are currently being screened in an admission process.
The business educational development of Northern Nigeria took a new turn at the weekend when Aliko Dangote donated a N1.2 billion ultra-modern business school edifice to the Bayero University, Kano, (BUK), first of such in the northern part of the country.
The Nigerian National Petroleum Corporation has identified Seven Critical Gas Development Projects (7CGDP) scheduled to deliver about 3.4billion standard cubic feet of gas per day on an accelerated basis to bridge a projected medium term supply gap by 2020.
N2Growth, a global leadership and talent advisory firm focusing on human and organizational performance has acquired a stake in the Landelahni Group.
The Dangote Rice Outgrower Scheme in Jigawa State has reached a turning point with the yaying of a foundation stone for the construction of a multi-billion Naira rice processing mill in Hadin,
Farmcrowdy, Nigeria's digital agriculture platform which allows Nigerians to venture in and sponsor agriculture, has been named as a recipient of a $325,000 grant from dedicated GSMA global team.
Zoto, a Nigerian technology company has been leveraging Nigeria’s ICT boom to provide quick and seamless payment facility.
Lagos State has begun the distribution of the 2018 Land Use Charge demand notices for properties across the state.
In a major boost to its Corporate Social Responsibility profile, Dangote Cement Plc, Ibese Plant has announced a multi-million Naira educational scholarship award for 115 students from its 15 host communities for the 2017/2018 academic session.
mSurvey, the mobile-first consumer experience platform, is expanding into Nigeria. The move comes as the Kenya-based company seeks to consolidate its position as Africa's leading technology-powered customer loyalty platform.
Farmforte, a budding Nigerian Agriculture startup was the cynosure of all eyes at the just concluded Fruit Logistica in Berlin, Germany which is the largest fruit and vegetable exhibition on the planet.
Petrogress Int’l, LLC, a subsidiary of Petrogress, Inc. has entered into a Memorandum of Understanding and a Partnership Agreement with A&E Petroleum Co. Limited, a Nigerian corporation.
UNWTO signs agreement with Nigeria Tourism Corporation to strengthen national tourism statistical system
In an effort to better measure tourism growth and development in Africa, United Nations World Tourism Organization, UNWTO, has signed a Cooperation Agreement with the Nigeria Tourism Development Corporation.
Nigeria among countries with agribusiness friendly regulations, Alliance for Green Revolution in Africa report
An assessment report, “Enabling The Business of Agriculture 2017” put together by Alliance for Green Revolution in Africa (AGRA) in partnership with the World Bank Group, has ranked Nigeria among countries with more agribusiness friendly regulations.
Jara Mobile Limited, a Nigerian startup, runs an innovative bills payment platform that integrates various retailers into one loyalty programme, giving customers the leeway of doing more with less money.
First Bank of Nigeria Limited has recorded giant strides in its Financial Inclusion services delivery, via its 894 quick banking, a USSD based channel that enables customers to access banking services using any type of phone and without data/internet.
World Bank approves $486 million to improve Nigeria electricity transmission network and infrastructure
The World Bank has approved an International Development Association Credit and an IDA Scale Up Facility Credit in the total amount of $486 million equivalent for rehabilitation and upgrading of electricity transmission substations and lines.
Rwanda’s national carrier RwandAir is set to commence flights to Abuja in Nigeria and Cape Town in South Africa. RwandAir will operate four weekly flights from Kigali to Cape Town with a stopover in Harare.
General Electric’s power service business has signed a Multi- year Service Agreement with Shell Petroleum for its 650MW Afam VI combined cycle power plant located in the South-eastern part of the country.
As the first hotel-booking online platforms in Nigeria, Nitestay.com is launching a new website for customers.
MyJobMag has unveiled its free, personalized and unlimited push notification services aimed at helping job seekers and employers searching for the best job alert and best-in-class customer service.
Homesweet.com.ng, a price guide and review website for home appliances has been launched in Nigeria.
Marrakesh, a pioneering city as regards environmental protection, set up the very first bikeshare scheme in Africa on the occasion of the COP22 that it hosted in 2016.
Access Bank, a major player in the Nigerian banking sector, has been awarded a syndicated loan of $ 100 million by FMO, the Dutch development bank.
Naijafund is a crowdfunding website aimed at Nigerians wherever they are to raise money online for anything.
Globacom has announced an offer that benefits its teeming subscribers. The bundle offer comprises the network’s mini router, Glo MiFi, with 16 gigabytes of data for N16,000.