NPA MD, Koko receives African Leadership Media Group from UK
Managing Director of Nigerian Ports Authority (NPA), Mohammed Bello Koko (2nd left), Senior Bureau Head, African Leadership Magazine, Bernard Adeka (3rd left), GM Corporate and Strategic Communications, Josephine Moltok (2nd right), other officials of African Leadership Organization during a courtesy…
New Google’s W/Africa Director visits NITDA, Assures partnership
The Google West Africa presented its new Director for the continent, Mr. Olumide Balogun to the Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa, as Tech Giant it promised to deepen the collaboration that exists between the two…
Just in: G-Kala splashes cash rewards on Glo customers
An incentive program has been launched by MoneyMaster PSB (MMPSB), a payment service bank supported by Globacom, for Glo subscribers who register and activate their own G-Kala wallets. The offer, which gives customers monetary gift if they take advantage of…
Global stocks drop on China jitters as BOE hike further on hot wage data
By Edward Moya US stocks remained heavy after a robust retail sales report sent yields higher and raised the odds that the Fed might not be done raising rates. A healthy consumer was supposed to drive soft landing calls,…
Just in: American returnee, Afolabi floats new airline, Green Africa
The CEO of Green Africa airline, Mr. Babawande Afolabi, is an American returnee has who invested and launched a new airline, Green Africa in Ibadan. Already, he has just taken delivery of the new airplanes in Lagos. Babawande who is…
Kenya makes U-turn, reverses fuel subsidy as FG disowns further price rise
After nationwide protest, Kenya has reinstated a small subsidy to stabilise retail fuel prices for the next 30 days in the country. This is coming as the Fe3deral Government Tuesday, denied any plan to further jerk up the price of…
Lagos set to host Catholic Communications Assembly for Africa
All is set for Lagos, the commercial centre of Nigeria to host Catholic Bishops and communication experts across Africa, as they gather to celebrate the 50th anniversary of the Pan African Episcopal Committee for Social Communications (CEPACS). According to the…
Foreign currency transfer designed to ease cross-border businesses—Ecobank
Major Pan African financial group, Ecobank has reiterated that the introduction of Foreign Currency transfer on Ecobank Mobile and Omnilite app is to promote and facilitate ease of cross-border business and financial transactions, stressing that it would be of immense…
Inflation still in uptrend spree, hits 24.08% y/y in July
Nigeria’s headline inflation maintained its uptrend, rising by 129bps to 24.08% y/y in July (June: 22.79% y/y). The outturn is 59bps and 48bps higher than Cordros’ estimate (23.49% y/y) and Bloomberg’s median consensus estimate (23.60% y/y). Similarly, on a month-on-month…
Paddy Rice scarcity halts Kano millers operations
There are speculations that the price of rice might increase after rice millers under the aegis of Northern Chamber of Commerce Industry, Mines, and Agriculture (NACCIMA) announced that they are shutting down operations in the commercial city of Kano due…
