Sixty per cent of businesses in Nigeria are family-owned while half of the figure hardly go beyond the first generation, according to a new report by multinational professional services firm, PwC. Partner and PwC Africa Family Business Lead, Esiri Agbeyi, who presented the report at 2024 Family Business Summit convened by Oghenevwoke Ighure at The…
In its continuous quest to provide solutions that will revolutionise business operations and drive growth, the tech distribution giant, TD Africa has put head together with Dell Technologies and Intel to examine how AI tools and data-driven solutions can be optimized. At an event tagged: “Partner Technology Day” which held at the Wheatbaker Hotel, Ikoyi, industry-leading…
Lagos State Governor Babajide Sanwo-Olu has commended MTN Foundation for its decade-long commitment to STEM education in Nigeria through the renovation of 110 laboratories across multiple states. Speaking through his representative, Engr. Ganiyu Oseni, Special Adviser on Innovation, Broadband, and Technology, Sanwo-Olu expressed gratitude for MTN’s efforts, describing the initiative as “more than just infrastructure…
MoMo PSB has launched its outbound and inbound remittance service which enables customers in Nigeria to send money seamlessly to 13 African countries, including Benin Republic, Cameroon, Congo Brazzaville, Côte d’Ivoire, Democratic Republic of Congo, Gambia, Liberia, Malawi, Rwanda, Sierra Leone, Togo, Uganda and Zambia, and receive money seamlessly from six African countries such as…
The Saudi Export-Import Bank (Saudi EXIM) and Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, have signed a Memorandum of Understanding (MoU) to collaborate on initiatives to boost exports in both the Kingdom of Saudi Arabia and AFC’s member countries. This MoU, signed on the sidelines of the ongoing 2024 IMF/World Bank Annual Meetings,…
A tech firm, Durubata Ltd., at the weekend, launched Appmint, a no-code Artificial Intelligence (AI)-powered platform for Small and Medium Enterprises (SMEs) in Africa.The Chief Executive Officer (CEO) of Durubata Ltd., Mr Jacob Ajiboye, said at a news conference to unveil the platform in Lagos that it was designed to empower startups, entrepreneurs and SMEs…
Stakeholders in Africa’s internet ecosystem have stressed the need to expand the infrastructure for internet to boost connectivity across the country. The stakeholders that included Lagos State governor Babajide Sanwo-Olu, National Coordinator of ngPIF, Prof. Wale Adedokun, CEO of IXPN, Muhammed Rudman, CEO of Open Access Data Centre (OADC) and Ayotunde Coker stressed the importance…
State-run oil firm, the Nigerian National Petroleum Corporation Ltd (NNPCL) has said the search for the ill-fated helicopter it hired to convey its officials was still ongoing. It said, aside the three bodies initially recovered, no other bodies had been found. ” The NNPC Ltd. wishes to announce that beyond the three bodies found in…
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobri is looking towards Kogi State for petroleum exploration. He expressed the desire when the State Governor, Usman Ododo led a delegation on an official visit to the ministry in Abuja. “What we need to do is to do the requisite exploration work, and once…
