Autochek expands into North Africa with acquisition of Morocco’s KIFAL Auto
Rosemary Iwuala
May 18, 2022
BY ROSEMARY IWUALA Autochek is continuing its African footprints expansion into North Africa with the acquisition of Morocco’s leading automotive technology startup, KIFAL Auto. Autochek, an automotive technology development company which makes car ownership more accessible and affordable across Africa, disclosed the development in a statement made available to Businessamlive.com. According to the company, the […]
NNPC, NLNG, Nestle, GTB, Dangote among Nigeria’s top taxpayers, says FIRS
Anita OkoroMay 17, 2022
BY ANITA OKORO The Nigeria LNG Limited (NLNG) and Nigerian National Petroleum Company (NNPC) Limited, have been recognised as the most supportive and highest taxpayer, respectively, in the list of 18 leading top performing taxpayers in 2021, according to recent data released by the Federal Inland Revenue Service (FIRS). Also, the Northern Cables Processing and […]
FCMB, Mastercard to support 100,000 MSMEs
Onome AmugeMay 17, 2022
BY ONOME AMUGE First City Monument Bank (FCMB) and Mastercard Foundation have joined forces to provide subsidised loans to 100,000 Micro, Small, and Medium Enterprises (MSMEs), to scale their operations to create work opportunities and empower Nigerian youths. The programme, set to be executed through a novel $27.8 million or N15.5 billion MSME Revitalisation Fund […]
EnterpriseNGR pulls stakeholders as YOE intern programme births
Chisom NwatuMay 16, 2022
BY CHISOM NWATU With Nigeria’s high unemployment rate, which has steadily worsened in recent times, and youth unemployment rate, which latest figures by the National Bureau of Statistics (NBS) estimate at 42 percent, efforts aimed at tackling this problem from the demand and supply sides brought stakeholders under one roof to chart a way forward […]
Rabiu, BUA founder, 48 others get National Productivity Merit award
Businessam StaffMay 16, 2022
Abdul Samad Rabiu, founder of BUA Group, one of Africa’s largest diversified conglomerates, has been conferred with the 2019/20 National Productivity Order of Merit Award (NPOM) presented by President Muhammadu Buhari at the State House, Abuja. Speaking after the award ceremony, Rabiu expressed his sincere appreciation to the awards jury and the Nigerian president for […]
Optimising your impact as a leader, Prof. Delves tells C-Suite executives how
Businessam StaffMay 13, 2022
Roger Delves is a professor of Leadership Practice and dean of Qualifications at Ashridge Executive Education. His special interests are helping others understand the roles of authenticity, emotional intelligence, ethics, values, principles and integrity in leadership and the development of ethical decision-making methodologies. Delves studied at St Catherine’s College, University of Oxford, and is a […]
UACN to raise N45bn in CP issuance from debt market
Anita OkoroMay 12, 2022
BY ANITA OKORO More local businesses are continuing to seek short-term capital from the debt capital market through the issuances of commercial papers (CPs) to meet their internal financing obligation, the latest is UAC of Nigeria Plc. FMDQ has approved the quotation of the company’s N45 billion commercial paper programme on its platform. The OTC […]
Airtel Africa’s revenue up 20.6% to $4.7bn on growth in segments
Charles AbuedeMay 11, 2022
BY CHARLES ABUEDE Airtel Africa has reported a strong 20.6 percent growth to $4.7 billion in its annual revenue from $3.9 billion last year driven by strong growth in its revenues from voice ($2.4 billion), data ($1.5 billion) mobile money ($553 million), with other revenues printing at $407 million. The growth in revenue was partially […]
21 Nigerian firms make FT 2022 Africa’s fastest growing ranking
Onome AmugeMay 11, 2022
BY ONOME AMUGE Twenty-one companies based in Nigeria, Africa’s largest economy by gross domestic product (GDP) and its most populous, have been listed in a ranking of a 75-strong group by the Financial Times (FT) as fastest growing companies in Africa. The rankings of Africa’s fastest growing companies marks the first time the UK’s most […]
ROAM Jobs rebirths as The African Talent Company expanding across African talents
Charles AbuedeMay 11, 2022
BY CHARLES ABUEDE ROAM Jobs, the African recruitment marketplace, has undertaken a rebrand of its identity by becoming the African Talent Company. Leveraging the backing of its shareholders, Swiss Ringier AG and Australian SEEK Limited, under its new name and structure, the company plans to harness more than a decade of experience and data insights […]