Friday, November 22African Digital Business Magazine

Nigeria News

Nigeria News

Nigeria News

Heirs Oil & Gas Announces CEO and Board Appointments

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 OML17 in January 2021, in one of the largest oil and gas financings in Africa in more than a decade, with a financing component of US$1.1 billion. The transaction represents a further implementation of the HH Group strategy of creating the leading integrated energy business in Africa. Through a series of strategic portfolio holdings, HH is executing this strategy....
Nigeria News

Marcelle Ruth Cancer Centre & Specialist Hospital (MRCC) opens doors in Lagos, bringing world-class cancer treatment to Nigeria and Sub-Saharan Africa

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 rooms and in-house oncology and general pharmacies; Travel restrictions during the Covid 19 pandemic underscore the importance of in-country diagnosis of cancer and other chronic diseases. In support of the Marcelle Ruth Cancer Centre & Specialist Hospital, the country’s first fully-equipped private oncology centre, GE Healthcare has completed the delivery and installati...
Nigeria News

Thomson Reuters, Adapt IT Expand Relationship to Prioritise Technological Agility in Sub-Saharan Africa

Download logoA newly expanded collaboration between Thomson Reuters (www.ThomsonReuters.com), a leading provider of business information services, and Adapt IT (www.AdaptIt.com), a reputed service provider of leading specialised software and digitally-led business solutions in Sub-Saharan Africa, will enable more businesses across the region gain competitive advantages through the technology solutions both provide. With economic recovery and growth for the region forecast at 2.7% for 2021 according to the World Bank, the drive for digital transformation across business in multiple industry sectors is accelerating following a year of contraction driven by the COVID-19 pandemic. The combined capabilities of Thomson Reuters and Adapt IT ensure a broader range of technology implementations, i...
Nigeria News

Kaspersky strengthens West African footprint

As part of its strategy to grow its business in West Africa, Kaspersky (https://africa.kaspersky.com) has partnered with value-added distributor DataGroupIT who will provide the global cybersecurity company with access to new markets in Nigeria and Ghana. “DataGroupIT is a well-known distributor in Africa with a clear value-add when it comes to generating focused business growth, especially in the enterprise segment. It also has the capacity to support the Kaspersky business logistically and provide valuable technical expertise on Kaspersky solutions,” says Lehan van den Heever, Enterprise Cyber Security Advisor for Kaspersky in Africa. DataGroupIT has more than 1 000 clients in over 15 Sub-Saharan African countries with its professional teams delivering exceptional sal...
Business, Fintech, Kenya News, Nigeria News, Tech

Ajua Acquires WayaWaya

Leading Customer Experience Platform for Africa to Integrate Intelligent Messaging and Payments Platform Across its Product Suite  Ajua, the integrated Customer Experience Management solution for businesses in Africa, has acquired WayaWaya, the Kenya-based Artificial Intelligence [AI] and Machine Learning [ML] known for its innovative Janja platform, that enables borderless banking and payments across apps and social media platforms, for an undisclosed sum. WayaWaya founder and lead Janja product builder, Teddy Ogallo, joins Ajua as VP of Product APIs and Integrations.  The acquisition of WayaWaya allows Ajua to integrate Janja to automate much of the customer experience journey by integrating janja.me product into their product stack, closing the customer experience loop as the...
Nigeria News

A Re-Definition Of The Term “Public Character” And Its Impact On The Taxability Of Non-Governmental Organisations In Nigeria

By Ibrahim Moshood, Associate and Tozaye Balogun, Director of Tax Services, Centurion Law Group The Federal Inland Revenue Service (“FIRS”) recently issued a Revised Information Circular on the Tax Treatment of Non-Governmental Ogranisations (NGOs), hereafter referred to the as “Revised Information Circular” or “the Circular”. The Circular, published on 31 March 2021, amends, updates or replaces the FIRS’ initial information circular (issued in 2010) on the tax exemption status of NGOs - but only to the extent that the initial circular contains information that is inconsistent with the Revised Information Circular. The Revised Information Circular reiterates the tax-exemptions, filing and other compliances obligations of NGOs. It also provides clarification on the application of the term ...