Chinelo Ezeobi 
An early assessment of oil prices on Friday, October 6, indicated Brent crude at $84.21 per barrel around 6:17 AM (GMT+1). Despite a slight increase on Friday, Reuters reports that oil prices are on track for their most significant weekly drop since March. The surge in prices was accompanied by concerns stemming from a sell-off … Read more
In a strategic move to further bolster its position in Nigeria’s thriving fintech landscape, Paystack has introduced virtual terminals as a groundbreaking solution for merchants. This innovative product empowers businesses to seamlessly accept payments through bank transfers, eliminating the constraints associated with traditional point-of-sale (POS) devices. Details of the Virtual Terminals Paystack’s virtual terminals emerge … Read more
Sierra Leone is on the cusp of witnessing a groundbreaking transformation in its agricultural landscape, thanks to the visionary efforts of the Golley Agricultural Development Sierra Leone Limited. Spearheaded by former Ambassador to South Korea, Omrie Golley, the project aims to introduce Drip Irrigation—an advanced system set to redefine crop production and propel the nation … Read more
Every successful business recognizes that customer service isn’t just a department—it’s a philosophy that permeates the entire organization. As we gear up to celebrate Customer Service Week in 2023, it’s not just about what you say but how you make your customers feel. Let’s delve into the essence of Customer Service Week, what happens during … Read more
In a resounding victory for the Nigerian economy, the Nigerian Stock Exchange (NGX) All-Share Index experienced an impressive ascent, surging by 29.52% to culminate at 66,382.14 index points in the third quarter of 2023. This remarkable surge catapulted the market to a 15-year high, riding on the coattails of robust positive sentiments. Factors Fueling the … Read more
In a groundbreaking move, Elon Musk’s SpaceX has joined forces with Jumia, a prominent African e-commerce company, to extend broadband internet connectivity across the continent. Key Details Jumia is set to offer Starlink satellite terminals for sale in eleven carefully selected African nations, with Nigeria being the first to experience this expansion in the coming … Read more
In a recent development, Nigerian fintech company Payday is reportedly in discussions with potential buyers for the sale of the company. This move comes just six months after Payday successfully secured $3 million in a seed funding round, indicating a significant shift in the company’s strategy. Moniepoint’s Interest and Past Connections Moniepoint, which previously led … Read more
Flutterwave, the leading Nigerian fintech company, is making significant strides in expanding its presence in Kenya. With big plans and promising prospects, the company aims to invest a substantial $50 million in the Kenyan market. Let’s dive into the details: Setting the Stage in Kenya Going Global Preparations in Full Swing Resilience Amid Challenges African … Read more
In an exciting update shared via Instagram Channels, Mark Zuckerberg, the CEO of Meta, announced the worldwide rollout of WhatsApp Channels. This new feature is set to revolutionize how users receive updates from people and organizations directly within WhatsApp. A Peek Into WhatsApp’s “Channels” WhatsApp Channels is designed as a one-way broadcast tool, allowing administrators … Read more
In a concerning revelation, the Speaker of the House of Representatives in Nigeria, Tajudeen Abbas, has unveiled the extensive economic toll of crude oil theft on the nation. A staggering $46 billion has been lost to this illicit activity between 2009 and 2020, as disclosed during the inauguration of an ad-hoc committee to investigate crude … Read more