Category: Business

Publiseer’s Distribution Channel Just Got Bigger with Voxa

Publiseer’s distribution channel just got bigger as it adds yet another new bookstore to its distribution network. Voxa, which is Romania’s very first subscription mobile reading app for ebooks and audiobooks, has joined Publiseer’s list of distribution partner stores. Through our new partnership with Voxa, we will be providing them with titles from independent writers…

2021 Entrepreneurship Programme: Tony Elumelu Foundation Funds 5000 African SMEs From 54 African Countries

The Tony Elumelu Foundation (TEF), the leading philanthropy empowering African entrepreneurs from all 54 African countries, has selected 4,949 entrepreneurs from across Africa for its 2021 Entrepreneurship Programme. The 2021 beneficiaries were selected from a pool of over 400,000 applications, based on their innovation, performance, and growth potential to create jobs and eradicate poverty on…

As fintech companies proffer financial solutions to the needs of many Nigerians, foremost digital bank, VBank is taking the lead to drive discussions on changing the perception of people regarding their relationship with their bank. The leading bank took up the baton during a panel session at the just concluded Nigeria Fintech Week held in…

Stanbic IBTC PMI: Private Sector Activity Continues To Expand But Intense Cost Pressures Weigh On Growth

Nigeria’s private sector concluded the third quarter of 2021 with a modest expansion in business conditions. Quicker uplifts were seen in new orders, employment and stocks of purchases, but output growth moderated for the second month running. Nevertheless, optimism improved to a seven-month high. Material scarcity and unfavourable exchange rate movements exerted upward pressures on…

Transcorp Delivers Robust Q3 Results, Records Accelerated PBT Growth of 671%

Nigeria’s leading and largest listed diversified conglomerate, Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the third quarter ended September 30, 2021, indicating sustained growth in 2021 as seen in the first two quarters of year. With strategic investments in the Power, Hospitality, and Energy sectors, the conglomerate recorded a profit…

Transcorp Hotels Records Impressive Turnaround In Q3 2021, With A 662% Growth In Profit

Transcorp Hotels Plc. owner of Transcorp Hilton Abuja, Transcorp Hotels Calabar and Aura by Transcorp Hotels, has announced its unaudited Q3 results showing 115 percent growth in revenue year-on-year (YoY) to N14.6 billion and a gross profit growth of 149 percent to N10.8 billion, leading to a profit before tax of N745 million a 662%…

Heritage Bank Launches Octiplus App, Reinforces Commitment As Technology Driven Institution

Heritage Bank Plc has launched a robust innovative and advanced digital banking experience, “Octiplus”. Octiplus as a bank-agnostic, all-in-one digital banking application, which grants users access to a bouquet of financial, lifestyle and social networking features with the added convenience of converging card based payments within one application irrespective of the issuing Nigerian Bank. This…

Savvy Secures New Funding From The International Telecommunication Union And The United Nations

Savvy, an entrepreneurial support organization, has secured an extra $25,000 in grant funding, which is their second grant for this year. Earlier in the year, Savvy secured $15,000 in grant funding from The Roddenberry Foundation through its Catalyst Award. Now, it secured $25,000 as one of the 10 winners of the Global South COVID-19 Digital…

GMD UBA, Kennedy Uzoka wins ‘Finovator of the Year’ Award

The Group Managing Director/Chief Executive Officer of United Bank for Africa (UBA) Plc, Kennedy Uzoka, has been announced as the winner of the Finovator of the Year’ Award for the year 2021. The Finovator of the Year’ Award is organised by the Finnovex West Africa Awards 2021, co-located with Finnovex West Africa Virtual Summit, Uzoka…

P+ Measurement Services Marks 6th Anniversary, Rebrand for Robust Operation

P+ Measurement Services, Nigeria’s foremost Independent Public Relations measurement and evaluation agency, celebrates its sixth year of effective operation with qualitative offerings for its numerous clients, as it rebrands with a new business logo, website, and office to deepen penetration. The leading company has in the past six years engendered the needed growth for its…