Lagos now ranked among world’s cheapest cities in USD terms Published by Justin Probyn on 1 May 2017 Nigeria has been experiencing significant economic headwinds due to the fall in the price of oil.
Nigeria: Don’t worry about short-term economic volatility, says MTN chairman Published by Jaco Maritz on 24 April 2017 ‘It is still a very important market, almost 170 million people,’ says Phuthuma Nhleko.
Ethiopian will celebrate the reopening of Abuja Airport with Africa’s first Airbus A350-900 Published by Press Office on 19 April 2017 The state of the art airplane will start the scheduled service on the Addis Ababa-Abuja route.
Three power stations. Two countries. One bank. Published by Daniel Zinman on 18 April 2017 The new power stations will be a welcome addition to the west African region, where only 18% of households have access to electricity.
Dangote takes long-term view to build pan-African cement empire Published by Kate Douglas on 10 April 2017 While other manufacturers are struggling in Nigeria’s tough economic environment, Dangote cement is performing strongly.
Bad loans in Nigeria’s banking sector likely higher than records state, says economist Published by Kate Douglas on 27 March 2017 Nigerian banks could be facing higher levels of bad debt than they are letting on, according to Ecobank’s head of group research.
Africa is not a sample size of one, emphasise industry leaders Published by Staff Writer on 27 March 2017 ‘Generic references to Africa blur the contexts, opportunities, challenges and risks as they relate to individual countries.’
Airtime at half price on two recharges Published by Press Office on 24 March 2017 Zoto, Nigeria’s fastest growing mobile recharge and bill payment app, is giving away a 50% discount upfront on the first two recharges.
Building hotels in Africa: Radisson owner identifies its top cities Published by Kate Douglas on 17 March 2017 Carlson Rezidor aims to have hotels in Africa’s major commercial hubs to cater for regional business travellers.
Nigeria: The next chapter? Published by Charles Weller on 17 March 2017 The difficulties of the past two years have caused the country to diversify its economy.
Lagos’ first timeshare co-working space Published by Justin Probyn on 13 March 2017 Lagos CoWork is ‘uberising’ the office market by providing an on-demand workspace for growing businesses.
Asset manager goes against the grain by upping its stake in two Nigerian banks Published by Kate Douglas on 6 March 2017 It’s survival of the fittest in Nigeria’s banking sector, and Allan Gray believes it is betting on the winners.
Private equity and venture capital fund formation in Nigeria: Some legal considerations Published by Olubunmi Abayomi-Olukunle on 6 March 2017 Some key legal considerations that first-time general partners should pay attention to when setting up a fund in Nigeria.
Facebook CEO looks for more ‘likes’ from Africa Published by Eleni Mourdoukoutas on 28 February 2017 Mark Zuckerberg’s trip to Kenya and Nigeria inspired local techies amid scepticism.
