Wema Bank Earnings Up 42.3% At N131.1bn, Declares N0.30 Dividend.
Wema Bank Plc, Nigeria’s most innovative bank, has delivered a stellar fourth quarter 2022 performance and continues its evolution into an unrivalled market leader and...
African Banker Awards 2023 nominees announced.
The 2023 edition of the Awards ceremony is set to spotlight SMEs, women and gender; A new category has been introduced to recognize efforts towards...
Nigeria’s travel, tourism industry to hit $2.95b revenue in 2023.
Projected revenue from Nigeria’s travel and tourism industry will reach $2.953 billion by the end of the year. This is expected to rise to $3.746...
Union Bank Plc reports profit before tax of N30.2 billion in 2022.
Union Bank of Nigeria Plc has released its audited financial statements for the year ended 31st December 2022, revealing strong financial performance despite macroeconomic headwinds. ...
Dettol introduces new Dettol Cool soap with new and improved formula.
Nigeria’s leading hygiene brand, Dettol, has relaunched one of its soap category products, Dettol Cool with a new and improved formulation. The announcement was recently...
Nigerian startup, Autochek, acquires majority stake in Egypt’s AutoTager.
Key highlights Autochek, the automotive technology company making car ownership more accessible and affordable across Africa, has announced the acquisition of a majority stake in...
Nworah’s Shanty Town shines at 2023 AMVCA with 10 nominations.
Nigerian filmmaker Chichi Nworah’s 2023 limited series for Netflix, ‘Shanty Town, has received 10 nominations at the 2023 Africa Magic Viewers’ Choice Awards. Nworah, the...
Offee Presents Revolutionary Internet of Things (IoT) Exam and Learning Solutions – A Major Breakthrough for Africa’s Education Sector at GITEX Africa 2023.
Offee, a leading EdTech company, is ready to impress the world at GITEX Africa 2023 (www.GITEXAfrica.com) with its extraordinary IoT Exam and Learning Platforms. These...
FirstBank announces corporate name change of subsidiaries.
Officials say the new identities of the FirstBank subsidiaries will contribute to an enhanced brand presence. First Bank of Nigeria Ltd. (FirstBank), has announced a phased...
Zenith Bank, UBA, Four Others Declare N191bn Dividend.
As many quoted banks on the floor of the Nigerian Exchange Limited (NGX) have submitted their annual financial results to the management of the exchange,...
Israel Adesanya Beats Alex Pereira by Knockout at UFC 287 to Win Middleweight Title.
Israel Adesanya is back. The Last Stylebender reclaimed his middleweight throne with a second-round knockout win over Alex Pereira to close out UFC 287 from...
Trends That Will Shape Nigeria’s ICT Sector In 2023
The Information and Communications Technology (ICT) sector in Nigeria has seen significant growth and development in recent years. The National Bureau of Statistics (NBS) revealed...
Jumia Nigeria Unveils 2023 Tech Week.
The 2023 Tech Week Campaign of Jumia, the pan-African e-commerce has commenced and it is aimed at providing consumers access to authentic tech devices. A...
Middle East Energy’s 48th Edition discusses Energy Transition Priorities for Nigeria’s Energy Sector
…facilitated US$ 1.86 billion in business deals across its three-day showcase. Middle East Energy, the leading energy event in the Middle East and Africa (MEA)...
UBA’s net profit rises by 43.4%, generates N78.94bn from ATM, POS, others.
The United Bank for Africa (UBA) reported 43.4 per cent growth in its profit after tax for the financial period of 2022, with its electronic...
Anthony Joshua triumphs over Jermaine Franklin, breaks his losing streak, and challenges Tyson Fury.
Anthony Joshua returned to winning ways with a unanimous points victory over Jermaine Franklin at London’s O2 Arena. The British-Nigerian heavyweight, 33, controlled the contest...
Davido Causes Stir With New Album ‘Timeless’
Nigerian singer, David Adeleke, popularly known as Davido, has caused a huge stir on social media over the release of his much-anticipated album ‘Timeless’.Naija News...
Union Bank, CIG Motors announce partnership.
Union Bank of Nigeria has signed a commercial partnership agreement with Choice International Group (CIG) Motors Limited, a member of CIG Group of Companies, to...
Cadbury Nigeria grows gross earnings by 30% to N55.2b in 2022.
Cadbury Nigeria Plc, a subsidiary of Mondelēz International, recorded gross earnings of N55.21 billion for the full year ended December 31, 2022. The turnover represents...
Access Bank partners AfriGOPay to boost Nigeria’s payment ecosystem
In a bid to strengthen Nigeria’s financial ecosystem, Access Bank has partnered with AfriGOpay, a financial services business affiliated with the Nigeria Inter-Bank Settlement System...
Paystack co-founder Shola Akinlade buys Danish club, Aarhus Fremad.
Nigerian software engineer and co-founder of Paystack, Shola Akinlade, has purchased Danish second division club, Aarhus Fremad. The 38-year-old bought a 55 per cent take...
UK-Nigeria Tech Hub, Google okay $3m for women startups.
The UK-Nigeria Tech Hub, a pillar of the UK government’s broader Digital Access Program (DAP), has collaborated with Google for Startups Africa. As part of...
Air Peace Becomes First Nigerian Carrier To Start Direct Flight To Israel.
Air Peace has become the first airline in Nigeria to commence direct flight between the country and State of Israel. The airline in a statement...
AWIEF Opens Registration for the 2023 Africa Women Innovation and Entrepreneurship Forum Conference to be Held in Kigali, Rwanda.
The Africa Women Innovation and Entrepreneurship Forum (AWIEF) (www.AWIEForum.org) has announced the opening of registration for its annual conference and awards. This year is the...
iREP docu-film festival 2023 ends in Lagos
The iRepresent International Documentary Film Festival, (iREP Festival), opened March 16th, for its 13th edition despite intense fears about election violence due to threats by...
GTCO Food & Drink Festival 2023… A Celebration of Food!
The annual GTCO Food & Drink Festival is back again for its 6th Edition, and food lovers across Africa and the world are in for...
Okonjo-iweala Awarded The 2022 Laureate Prize Of Ambassadors Of La Francophonie.
The Francophonie refers to men and women who share a common language: French. We estimate over 321 million French speakers across five continents. The Francophonie...
INEC Declares Sanwo-Olu Winner In Lagos
The election was marked by voter suppression, ethnic discrimination, political thuggery, and violent attacks on voters, electoral staff and security personnel alike. Governor Babajide Sanwo-Olu...
Flat6Labs Launches New US$95M Venture Capital Fund to Expand its Impact in Africa.
The fund will invest in more than 160 early-stage startups over the next five years that operate in the technology sector in Africa. Flat6Labs (www.Flat6Labs.com),...