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Infographic: Building A Personal Brand Online In 11 Easy Steps

2016-10-20T18:52:00.001+01:00

Here are some good tips on building a personal brand online, broken down into 11 simple steps that anyone can adopt and use. Source: Headway Capital

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Netflix partners Spectranet to deploy server in Lagos

2016-10-20T15:53:00.019+01:00

Netflix has announced the deployment of a dedicated server in Lagos, Nigeria in partnership with Spectranet, a leading Internet service provider in the country. The server, which is the first in the whole of West Africa, will hold the entire Netflix content library, providing Spectranet’s customers with the best streaming experience and performance. “Because we focus......Continue to read

#NES22: Nigerian Economic Summit Calls for Concerted Efforts to Grow Tech and Innovation

2016-10-20T15:53:00.017+01:00

“If made-in-Nigeria must succeed, it should not be the challenge of the federal government alone. All the 36 states of the federation and the Federal Capital territory (FCT) must have a role to play.” – Dr. Adedoyin Salami The Nigeria Economic Summit Group (NESG) summit which began on Monday and ended on Wednesday last week......Continue to read

Semifinalists for Pitch AgriHack 2016 announced

2016-10-20T15:53:00.015+01:00

The Technical Centre for Agricultural and Rural Cooperation ACP-EU (CTA) has announced 52 startups have been selected for the semifinals of the 2016 edition of Pitch AgriHack, a competition to reward entrepreneurs with agricultural solutions. The competition targets entrepreneurs with agricultural solutions that needs business model improvements (Early stage platform) and those with solutions that......Continue to read

Growth Capital now has ₦280 million in its coffers

2016-10-20T15:53:00.013+01:00

Growth Capital, a social innovation fund for investing in early stage businesses that are creating the next generation infrastructure, has secured an additional ₦80 million from undisclosed source(s). This new fund brings to ₦280 million the total amount raised with an additional ₦720 million needed, in less than 24 months, to reach its target of......Continue to read

SoftBank to create fund for investment in tech companies around the world

2016-10-20T15:53:00.011+01:00

SoftBank Group Corp. (“SBG”), a Japanese multinational telecommunications and Internet corporation, has announced plans to launch a fund for investment in the technology sector globally. Tentatively named the “SoftBank Vision Fund”, the fund will aim to be one of the world’s largest – some sort of super-fund – of its kind. SBG will invest at least......Continue to read

Naspers sells Allegro Group for US$3.2 billion

2016-10-20T15:53:00.009+01:00

Naspers, a South Africa-based global Internet and entertainment group, has announced the sale of Allegro Group, which includes both Allegro.pl and Ceneo.pl, for US$3.2 billion. Allegro is the most popular online shopping destination in Poland with more than 20 million registered users. Allegro provides an online marketplace for companies and private sellers to sell their products to......Continue to read

Thomson Reuters launches innovation lab in Cape Town

2016-10-20T15:53:00.007+01:00

Thomson Reuters, the world’s leading source of news and information for professional markets, has announced the launch of a data and innovation lab in Cape Town, South Africa. The lab, named Thomson Reuters Labs™ – Cape Town, will enable the company engage with the region’s innovation ecosystem and startup community to fuel growth and empower......Continue to read

Agri-tech startup, FarmDrive wins Thomson Reuters Africa Startup Challenge

2016-10-20T15:53:00.005+01:00

Farmdrive, a Kenyan mobile tech, agri-tech startup that looks to advance bankable farmer initiatives, has been named winner of the Thomson Reuters-organized Africa Startups Challenge. The challenge sought the best and brightest startups in Africa that are using new technology and new business models to leap-frog the current players. Following calls for applications, 14 startups,......Continue to read

WorldRemit partners Express Union for money transfers to Cameroon

2016-10-20T15:53:00.003+01:00

WorldRemit, a digital money transfer service, has announced a partnership with Express Union, a leading Cameroonian financial company, for remittances to Cameroon. The partnership enables Cameroonians in diaspora to transfer money to family and friends back home using WorldRemit. The money can be picked up at Express Union cash pick up locations. “Adding hundreds of......Continue to read

Job portal, Wutiko wins Seedstars Dakar

2016-10-20T15:53:00.001+01:00

Wutiko, a professional network for Africa that lets anyone find jobs and jobseekers with their innovative machine learning technology, has won Seedstars Dakar, the Senegalese leg of Seedstars World. Following calls for applications, nine startups were selected for the finals of the competition on October 14, 2016 at Jokkolabs. After the pitch session, the prestigious......Continue to read

Lagos Digital PR Summit Will Deepen Communicators’ Skill-Set in New Media

2016-10-19T16:17:00.001+01:00

Lagos State Chapter, the flagship branch of the Nigerian Institute of Public Relations (NIPR) is working to achieve collective intelligence to equip and capacitate communicators in corporate and public affairs including bloggers with high-level digital media strategies, tactics and how-to’s so they can do their jobs better and lift their … Continue reading →

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Interbank lending rate jumps to record high

2016-10-19T07:06:00.001+01:00

The overnight interbank lending rate soared to a record high of 128 per cent on Monday on naira cash shortages after commercial banks funded their account with the Central Bank of Nigeria to participate in last Friday’s currency forward auction. Overnight rates opened at 100 per cent on Monday, traders said, after the money market […]

Interbank lending rate jumps to record high

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ATM card suspension: Banks reject naira for visa payment

2016-10-19T06:31:00.001+01:00

Thousands of United Kingdom and Canadian visa applicants and intending travellers wanting to book hotels online were stranded on Monday as Deposit Money Banks stopped their naira debit cards from being used for dollar and other foreign currency-denominated transactions. The DMBs had on Friday stopped their naira debit cards from dispensing dollars to customers via […]

ATM card suspension: Banks reject naira for visa payment

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World Bank intervention in Nigeria’s agriculture hits $1.5bn

2016-10-19T06:11:00.001+01:00

The World Bank says the worth of its running projects in the Agriculture sector in Nigeria is 1.5 billion dollars. The Senior Chief Agric. Economist of the organisation, Dr Adetunji Oredipe, made this known to newsmen at a live Video Conference to celebrate “End Poverty Day.’’ He said that in Africa, the bank’s strategy to […]

World Bank intervention in Nigeria’s agriculture hits $1.5bn

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NSE index falls 0.8% as bears dominate trading

2016-10-19T06:06:00.001+01:00

The Nigerian Equities Market began the week on a bearish as the Nigerian Stock Exchange (NSE) All-Share Index declined by 0.81 per cent to close at 27,634.99, while market capitalisation ended at N9.492 trillion. Bears dominated the trading session with 26 stocks declined while only seven appreciated. Wema Bank Plc led the seven gainers, rising […]

NSE index falls 0.8% as bears dominate trading

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How Facebook IQ Can Help You Make Better Digital Marketing Decisions

2016-10-18T18:40:00.001+01:00

Social media has become the preferred place for small, medium and big businesses to advertise and market for three (3) main reasons. Firstly, it’s easier to measure impact and spend of your marketing budget. Secondly, social media allows two-way communication whereby the message receiver can (immediately) give feedback to the sender. … Continue reading →

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Dollar scarcity: Banks suspend ATM card usage abroad

2016-10-18T06:56:00.001+01:00

Deposit Money Banks have begun suspending their Automated Teller Machine cards (debit and credit) from working overseas as dollar scarcity continues to hit the economy badly. Stanbic IBTC Bank, Standard Chartered Bank Nigeria and Guaranty Trust Bank on Friday announced the suspension of their overseas ATM card services. Also suspended by the banks are online […]

Dollar scarcity: Banks suspend ATM card usage abroad

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Naira to continue gain on dollar supply to BDCs

2016-10-18T06:32:00.001+01:00

The naira is expected to appreciate further this week following the Central Bank of Nigeria’s approval of dollar sale to Bureau De Change operators. The CBN has given approvals to First Bank of Nigeria Limited and Travelex, a global foreign exchange company, to commence sale of dollars to the BDC operators. Travelex had last week […]

Naira to continue gain on dollar supply to BDCs

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SMEDAN, NICON sign MOU on insurance cover for SMEs

2016-10-18T06:15:00.001+01:00

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has signed a memorandum of understanding (MoU) with NICON Insurance Limited as part of efforts to reinforce the agenda of diversification of the economy through the empowerment of the informal sector. The parties said the MoU represents their steps towards ensuring the success of Micro, Small […]

SMEDAN, NICON sign MOU on insurance cover for SMEs

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Third-quarter results to shape market trend – Analysts

2016-10-18T06:05:00.001+01:00

Financial analysts have said that the release of the third quarter results will determine the outcome of the stock market trading sessions this week. The analysts, said the capital market was likely to experience increased trading activities as some investors had begun to take position in terms of investment decisions. They, however, attributed the market […]

Third-quarter results to shape market trend – Analysts

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Dangote buys gas firm in the Netherlands

2016-10-17T10:05:00.001+01:00

As part of its strategy to meet Nigeria’s gas requirements, Dangote Industries Limited (DIL) has recently completed the acquisition of Twister B.V., a company headquartered in the Netherlands. Twister B.V. delivers reliable, high-yield and robust solutions in natural gas processing and separation to the upstream and midstream oil and gas sectors. Twister’s unique separation capabilities […]

Dangote buys gas firm in the Netherlands

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Direct crude sale saves Nigeria N102.6bn

2016-10-17T06:45:00.001+01:00

By putting an end to the crude-for-products exchange arrangement, popularly known as crude swap, Nigeria was able to save N102.6bn between April and July this year. In February, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, announced the replacement of the crude swap arrangement with what he described as the Direct-Sale Direct-Purchase framework, […]

Direct crude sale saves Nigeria N102.6bn

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Releasing funds to contractors will end recession — Fashola

2016-10-17T06:25:00.001+01:00

The Federal Government has said it is investing massively in road construction, public housing and other infrastructure as part of measures to take the country out of recession. It said it had released funds for the payment of debts owed contractors, noting that this had led to the return of most of them to project […]

Releasing funds to contractors will end recession — Fashola

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External reserves hit 11-year low of $24.21bn

2016-10-17T06:01:00.001+01:00

The country’s external reserves have hit an 11-year low of $24.21bn, according to the latest data from the Central Bank of Nigeria. The development means a limited amount of dollars will be available at the official interbank spot market, fuelling concerns over another round of depreciation of the naira. The country’s external reserves had depleted […]

External reserves hit 11-year low of $24.21bn

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