By: Udette Kirsch – behavioural economist & strategic marketing specialist Cryptocurrencies refuse to play by the rules. People rely on experts for all sorts of advice, but when it comes to cryptocurrencies, they seek advice from peers and the internet. So, what causes this behaviour, and what are the implications? Hint: it’s rooted in behavioural psychology. Recent […]
Category Archives: Nigeria News
Nigeria News
“Africa’s new bank for startups and SMEs” to expand to South Africa & Kenya following funding Brass, a Nigerian digital bank delivering easy access to affordable premium banking services for small and medium-sized businesses (SMEs), has today secured $1.7mn in funding to address the heavily underserved banking needs of local entrepreneurs, traders and fast-growing businesses. […]
By Nicolas Mathon, Director, Project Development, Africa and Europe, Wärtsilä Energy The successful completion of the Azura Edo 450 MW gas-fired power project in 2016 was hailed at the time as setting the blueprint for future independent power projects in Nigeria. The $900 million plant, which gathered 20 international banks and equity financing partners from more than […]
By Denny Da Silva, Associate Director, Tax, Baker McKenzie, Johannesburg One hundred and thirty six of the 140 members of the OECD G20 Inclusive Framework, including South Africa, have agreed on a new set of global tax rules that will reform the world’s tax system. Notably, two African countries that are members of the Inclusive […]
Africa’s leading banks including EcoBank, Nedbank, Attijariwafa Bank, United Bank of Africa, Co-operative Bank of Kenya and Banco Mais are tapping into IBM technologies to help advance financial inclusion across the continent IBM today announced that major financial institutions across Africa have selected hybrid cloud and AI capabilities from IBM to unlock digital innovation and continue […]
For thirteen years, Fola Folayan worked as a radio broadcaster in Nigeria; filling various roles as a content producer, presenter and newscaster in different media organizations across the country. But she wanted more. She wanted to develop talent for the broadcast industry and in her own words ‘raise a generation of professionals who can function […]
Due to the global pandemic, a lot of aspects of our lives were affected by negative circumstances. Those negative circumstances can be characterized with different rates, however, the influence on the global economy is the one that affects everyone’s life. When it comes to something that has such a major influence as covid you cannot […]
The world is currently in the midst of a technological revolution. Technology has taken over our lives and it's become difficult to imagine life without the internet, social media, or mobile phones. The digital age has also created some negative consequences such as cyberbullying and other online dangers. Weownomy aims to make things easier for […]
Baker McKenzie’s latest analysis of Refinitiv data shows that the value of mergers and acquisitions (M&A) in the first half 2021 (H1 2021) soared in South Africa, and that deal value also increased in Nigeria in the first six months of 2021, but Kenya experienced a slight decrease in both deal value and volume in […]
Campaigns deliver 70 to 120 times better response rates than industry average benchmarks London/Lagos, 15th July, 2021 –: Out There Media (OTM), a global leader in mobile advertising and data monetization, today announced that it has successfully launched its proprietary mobile advertising technology Mobucks™ with leading mobile operator, MTN Nigeria. OTM’s technology, combined with its network of brands and […]
A survey by Statista found that around 32 percent of people in Nigeria use cryptocurrencies and this is the highest proportion of a population in the world. In terms of trade volume, the country stands in 3rd position after the United States of American and Russia with a transaction value of more than 400 million […]
Connected Asset Financing Platform Commercially Launching After 20,000 Device Pilot 12th July 2021. Lagos, Nigeria. M-KOPA, the leading connected asset financing platform, today announces it has officially expanded to Nigeria. To lead the Nigeria team, M-KOPA has named Babajide Duroshola as the new General Manager. A part of the tech company’s broader expansion strategy, the […]
Opinion Piece by Yusuff Wale, Managing Director, Wärtsilä Marine & Power Services Nigeria Ltd On 28 May 2021, Nigeria’s national power generation dropped to 3,059 MW and for the subsequent seven days remained below 4,000 MW, six percent below-average production. Low pressure on the Escravos-Lagos Pipeline System (ELPS) left several gas turbine power plants with insufficient gas […]
Africa’s e-commerce market could grow by more than $14.5 billion between 2025-2030 according to an IFC report published today. The report finds this can be achieved by increasing the number of women selling on online platforms and by providing them with better training and financial support to help them match sales made by men. The […]
37 new cases of COVID-19 in Nigeria; Yobe-13 Lagos-12 Akwa Ibom-6 FCT-3 Edo-1 Kaduna-1 Ogun-1 165,419 confirmed 156,297 discharged 2,065 deaths Distributed by APO Group on behalf of Nigeria Centre for Disease Control (NCDC). Media filesDownload logo
30 new cases of COVID-19 in Nigeria; Lagos-21 Adamawa-8 Rivers-1 165,370 confirmed 156,250 discharged 2,065 deaths Distributed by APO Group on behalf of Nigeria Centre for Disease Control (NCDC). Media filesDownload logo
39 new cases of COVID-19 in Nigeria; Lagos23 FCT-4 Kano-4 Zamfara-4 Akwa Ibom-1 Gombe-1 Nasarawa-1 Plateau-1 165,340 confirmed 155,454 discharged 2,065 deaths Distributed by APO Group on behalf of Nigeria Centre for Disease Control (NCDC). Media filesDownload logo
Heirs Oil & Gas (HHOG) (www.HeirsOilandGas.com), the leading African integrated energy company, has announced the appointment of Osayande Igiehon as Chief Executive Officer, effective May 4, 2021, together with a distinguished non-executive board, bringing together leading industry figures, with considerable global and regional experience. Heirs Holdings Limited’s (HH) portfolio company, HHOG, completed the acquisition of […]
34 new cases of COVID-19 in Nigeria; Enugu-19 Lagos-13 FCT-1 Kaduna-1 165,215 confirmed 155,371 discharged 2,063 deaths Distributed by APO Group on behalf of Nigeria Centre for Disease Control (NCDC). Media filesDownload logo
18 new cases of COVID-19 in Nigeria; Lagos-8 FCT-6 Edo-2 Rivers-1 Ogun-1 165,199 confirmed 155,371 discharged 2,063 deaths Distributed by APO Group on behalf of Nigeria Centre for Disease Control (NCDC). Media filesDownload logo
Purpose-built, fully equipped facility on Victoria Island is Nigeria’s first one-stop centre for cancer diagnosis & treatment; Facilities utilise cutting edge technology include an imaging centre with CT, mammogram, ultrasound, X-Ray machines, a laboratory and blood bank, two modular operating theatres, an eight-bed chemotherapy suite, a radiotherapy centre with a linear accelerator, fifteen en-suite inpatient […]
28 new cases of COVID-19 in Nigeria; Lagos-14 Osun-3 Ogun-3 Kaduna-3 Akwa Ibom-2 Abia-1 FCT-1 Kwara-1 165,181 confirmed 155,361 discharged 2,063 deaths Distributed by APO Group on behalf of Nigeria Centre for Disease Control (NCDC). Media filesDownload logo