BUSINESS NEWS Archives

05 Sep 23

YALI 2024 Mandela Washington Fellowship in USA [Fully Funded]

Applications are invited from suitably qualified young African leaders for the YALI 2024 Mandela Washington Fellowship which is taking place in the United States of America. The fellowship will also see the fellows participate in a summit with young African leaders, and meet with U.S. Government, civic, and business leaders. The…

20 Aug 23

ECOWAS invites graduates for its immersive internship program

The Economic Community of West African States (ECOWAS) invites young graduates from the ECOWAS region to participate in its immersive internship program. The initiative aims to enhance the professional integration of recent graduates by providing them with the opportunity to gain a deeper understanding of ECOWAS programs. Simultaneously, interns will…

August 17, 2023
Olufemi David
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Market registers bearish phase: The Nigerian Stock Exchange (NSE) overturns its bearish performance from yesterday’s negative outing, owing to positive sentiment recorded in today’s trading session. This shift yielded a modest gain of N13 billion in market capitalization, effectively ending the streak of bearish activity that had been building since…

16 Aug 23

Tony Elumelu says Business Partnerships are hard in this region

Renowned as the Chairman of Heirs Holdings, Tony Elumelu, a prominent figure in the business world, has shed light on the intricate nature of forging partnerships in emerging markets. While he acknowledges partnerships as a pivotal criterion for achieving success, he cautions that these collaborations are not without challenges. Tony…

12 Aug 23

Airtel Africa CEO, Olusegun Ogunsanya sells £757k worth of shares

Airtel sells £757k shares: Olusegun Ogunsanya, CEO of Airtel Africa Plc has sold 666,174 shares in the company worth £757,440. This information is contained in a notice of Directors Dealings signed by Group Company Secretary Simon O’Hara and sent to the Nigerian Exchange Limited. Airtel sells £757k shares The sale…

11 Aug 23

Huawei’s consumer business returns to growth after US sanctions

Huawei’s smartphone-led consumer business returned to growth in the first six months of this year for the first time since it was cut off from the global tech supply chain by US sanctions in 2020. The modest growth comes alongside China’s slower-than-expected economic rebound this year and U.S. sanctions on…

10 Aug 23

NITDA to develop blockchain technology for NYSC certificate verification

The National Information Technology Development Agency (NITDA) has introduced an innovative initiative aimed at employing blockchain technology to verify the authenticity of National Youth Service Corps (NYSC) certificates. Yusuf Kashafu, the Director-General of NITDA, made this announcement on Wednesday while delivering a Keynote address at the policy dialogue for the…

09 Aug 23

EiA launches program for African startups to scale to Europe

ENRICH in Africa (EiA) in collaboration with the Co-creation hub (CcHub) has launched its Africa to Europe scaling programme, to support high-potential African startups to scale into the European market. The focus of this is to enable startups in Africa to expand and access new markets in Europe and provide strategic…

08 Aug 23

FG should emulate India and ban import of computer hardware – Experts

Import of computer hardware:The government of President Bola Ahmed Tinubu should without delay toe the path of the Indian government which recently imposed restrictions on import of laptops, tablets, all-in-one personal computers and ultra-small computers and servers with immediate effect. This is in the spirit of product nationalism whereby countries…

07 Aug 23

DMO offers subscription for FGN Bonds with interest rates up to 10.634% per annum

The Debt Management Office (DMO) of the Presidency has opened offers for subscriptions for two-year and three-year tenures of Federal Government of Nigeria bonds. This disclosure was made on the DMO’s website today. According to the statement, the offer of subscription will last for four days—between the 7th and 11th of August,…