High poverty and inflation rates in Nigeria are leading many businesses, including those in tech, to adopt sachet marketing to survive. Abuja, Nigeria – In February 2019, Eat’n’Go, the Nigerian franchisee of popular pizza maker Domino’s, introduced a miniature version of…
FIRSTBANK WINS BEST BANK IN NIGERIA AND BEST BANK IN DIGITAL TRANSFORMATION NIGERIA 2022
Lagos, Nigeria. April 25, 2022 Nigeria’s premier banking institution and leading financial services inclusion services provider, First Bank of Nigeria Limited has won two awards: Best Bank in Nigeria 2022 and Best Banking Digital Transformation Nigeria at the International Investor Awards 2022,…
DPO Group enables USSD payment option in Nigeria
This new feature allows merchants to receive payments from customers who don’t have access to mobile banking or a payment card. African digital payments company DPO Group has added a new form of payment that will allow merchants to get paid by…
There’ll be credible elections in 2023 —Jonathan
Lagos—Former President of Nigeria, Dr. Goodluck Jonathan, has predicted that there will be credible elections come 2023, adding that elections will come and go but Nigeria will still remain. He said this, yesterday, during the Economic Community of West African…
Nigerians proud of Eagles – Gbajabiamila
The Speaker of the House of Representatives, Femi Gbajabiamila, has hailed the Super Eagles “for a good outing” at the ongoing African Cup of Nations in Cameroon. Gbajabiamila said despite crashing out of the tournament at the knockout stage, following…
Nigerian Stocks Lose N238bn After Christmas Holidays
The trade loss was said to be a result of a few buyers willing to purchase stocks of BUA Cement, MTN Nigeria Communications (MTNN), PZ Cussons, May & Baker and Ecobank Transnational Incorporated. Specifically, the All-Share Index inched lower by…
How much money does Nigeria owe China?
Nigeria and China mark their golden jubilee of official relations in 2021, having established diplomatic ties in 1971. As trade and investment have grown, so has lending, leading to an increased focus on the balance of the bilateral relationship. Nigerian president Muhammadu Buhari has at…
Nigerian duo hope to turn local spirit into premium brand
sticks a label on a bottle of an upmarket Nigerian spirit in a factory in Lagos. He hopes stylish branding will help sell the tipple, fermented in nearby villages using techniques dating back centuries, to upmarket customers. A spirit called…
Nigeria Crypto Ban: Stakeholder Body, Politicians Assail Central Bank’s Directive to Financial Institutions
A body representing cryptocurrency and blockchain stakeholders in Nigeria has joined other crypto industry players in assailing the recent Central Bank of Nigeria (CBN) directive to banks. The CBN order, which seeks snuff out crypto entities from the banking system,…
City on the move: Abeokuta, Nigeria
The city of Abeokuta in Ogun State, Nigeria lies about 100km from the centre of Lagos. The state is known for its natural resources and mineral deposits (it is the largest producer of cement in the country) and the city itself has seen an…