[PRESS RELEASE] Eskimi Introduces Mobile Money Marketing Platform in Nigeria, Supports the Cashless Initiative

A press release just reaching us shows that popular mobile social network Eskimi has joined the fray of mobile payment providers as they hope to provide unique solutions to help the current cashless initiative in the economy. Read full text below; Eskimi – largest mobile social network to meet new people in Africa, announced about… Read More »

[REPORT] South Africa Now Behind Nigeria in Internet Penetration

A study commissioned by Google has informed that oil rich Nigeria has leapfrogged South Africa to become the country with the most internet penetration in Africa. Nigeria, which is also Africa’s most populous nation, has the highest internet penetration at 29 percent, followed by Egypt, Morocco and Kenya. Internet penetration in South Africa has dropped… Read More »

Sabunta, Online Fashion Superstore Set to Launch With Over 100 Global Brands

We just received a press release from the guys at Sabunta a daring new fashion e-commerce website launching with over 100 global brands in less than 6 days. According to Onyeka Akumah, the marketing manager at Sabunta is an online fashion superstore that offers shoes, clothing and accessories nationwide, offering great deals and the largest… Read More »

Get Free POS Terminals Courtesy GNBO

Get Nigerian Businesses Online (GNBO) is offering free POS terminals to Nigerian businesses. Get Nigerian Businesses Online was launched last year by Google in association with Ecobank and MTN.   To be eligible for the POS terminals businesses would need to: Have a currently published GNBO website; Have a current account with any Ecobank branch… Read More »

Over 5 Million Visa Cards Issued in Nigeria, 75% Increase in Usage

Visa, one of the world’s leading payment networks, has revealed that its client financial institutions in Nigeria have surpassed 5 million cards in market. According to Country Manager for Visa West Africa, Ade Ashaye: “with this achievement, Nigeria’s banking sector moves towards its goal of replacing costly inefficient forms of payment with more efficient, secure,… Read More »

[PRESS RELEASE] JMR Infotech Wins First Taker for its Services in US

JMR Infotech, formerly TRASSET Services Group, on 28th May 2012 announced that it has won first taker for its services in US as Silicon Valley Bank (SVB), commercial banking operation of the SVB Financial Group, selected the India based banking software services and solutions provider for FLEXCUBE support. The deal comes in the wake of… Read More »

Tussle as Telecom Operators Refuse to Pay NCC Fine

A few weeks after the Nigerian Communications Commission (NCC) slammed four of the country’s telecommunication companies with various fines for poor performance there is still zero compliance with the fines. A court action brought on by a telecommunication consumer advocacy group has prevented Nigeria’s Communications Commission (NCC) from collecting fines it issued to MTN, Glo,… Read More »

GLO Launches an App Store GLO App Store: Download Apps For Your Phones

Globacom has launched an App store, a service designed to enable Glo subscribers access mobile apps across various platforms. In a press release from Globacom website: The Glo App Store is the first in the country to cater for a broad spectrum of customers using devices on the Android, Symbian and Java platforms. This means… Read More »

Are You From Katsina State? Take Advantage of 1 Billion CBN Agricultural Credit Scheme 2012

The Katsina State Government has revealed that the Central Bank of Nigeria (CBN) approved N1 billion for farmers in the state under its Agricultural Credit Scheme for the 2012 farming season. The state Commissioner for Finance, Alhaji Lawal Jari, announced this on Wednesday in Katsina after the State’s Executive Council meeting. Katsina State Government would… Read More »

Cooking Gas Consumption Rate in Nigeria Increases by 56 Percent [STATS]

Consumption of Liquefied Petroleum Gas (cooking gas) in Nigeria has increased to 125, 000 tons per annum. This is about 56 percent increase from 70,000 tons consumed last year. According to reports from Daily Trust, President of the Liquefied Petroleum Gas Association, Alhaji Awalu Ilu, said the quantity still fell short of the requirement of… Read More »

Katsina State Shuts Down Major Telecommunication Companies Over Unpaid Taxes

Few days after some telecom companies where fined by Nigerian Communication Commission NCC, some telecom companies has been shut down in Katsina State following non payment of regulatory fees and taxes. Katsina State government has this week embarked on site closure and mass shutdown exercise of many communication companies that failed to settle their tenement… Read More »

MTN Ranked 88th Most Valuable Company in the World

Leading research agency Millward Brown Optimor today released its authoritative BrandZ Top 100 Most Valuable Global Brands 2012 survey placing MTN as Africa’s most valuable brand. MTN becomes the first and only African brand to make the list, debuting at position 88 in the prestigious annual survey. Developed by leading research agency, Millward Brown Optimor,… Read More »

NITDA Establishes New IXPs to Boost Internet Penetration in Nigeria

Nigeria’s National Information Technology Development Agency (NITDA) is currently establishing various Internet Exchange Points (IXPs) across the country with the aim of boosting internet penetration in the country. NITDA director-general Cleopas Angaye said the agency would establish IXPs in all the six geopolitical zones. This he says will be done in collaboration with the private… Read More »

[PRESS] Guinness Nigeria Launches ‘Low Sugar” Malta Guinness Malt Drink

Major player in Nigeria’s beverage drinks industry Guinness Nigeria has formally launched Malta Guinness Low Sugar malt drink into the Nigerian market. The company says the Malta Guinness low sugar variant maintains high quality and is meant to enhance health of consumers who take it. Speaking at the launch last week in Lagos, Delvin Hainsworth,… Read More »

How to Hire the Most Innovative Job Candidates

Innovation is one of the key ingredients to a successful company; it’s relevant in every area from marketing to product development. An innovative mindset helps companies adapt to changes in the market, as well as meet the unmet needs of customers that are not currently served by competitors. But innovation also plays a role in… Read More »

How to Quickly Attract New Customers as a Start-Up Company

One recent article at AfricaEconomicAnalysis.org notes that the Nigerian economy, like many other economies worldwide, is upheld largely by small and medium sized businesses (SMEs) which employ 250 people or less. Lack of government support for SMEs can make starting a new company in Nigeria difficult, but it’s a worthwhile endeavor, as SMEs provide about… Read More »

Microsoft Launches a Social Network – So.cl

Microsoft has launched its own social networking site, so.cl The social website has been in beta since late last year and was tested by a handful of students at select universities. The site combines search and sharing for research purposes — making students the perfect group for testing the site. What is So.cl is all… Read More »

4 Creative Ways to Market Your Firm at Little or No Cost

Most modern businesses of a certain size will have their own marketing department – or at least a marketing professional on the books. In fact, despite the gloomy economic outlook for the next few years many firms upped their marketing spend in the last quarter of 2011, proving that many companies view marketing as a… Read More »

[PRESS] Etisalat Nigeria Introduces EasyBusiness Suite

Telecommunication company Etisalat Nigeria has introduced a product called EasyBusiness suite which it says is specially designed to lower costs for SMEs while increasing profit and providing value to businesses. According to Etisalat The EasyBusiness suite, which is a one-stop shop for communications needs of SMEs, is designed to cater for the needs of various… Read More »

How to Run a Super Effective Sales Promotion

Sales promotion is one of the several ways companies/corporations/business owners rewards their customers and in turn project their business to attract more customers. It is all communications activities that attempt to provide added value or incentives to consumers, wholesalers, retailers, or other organizational customers to stimulate immediate sales. The primary aim of every company running… Read More »