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Startups

Termii Exceeds 1 Billion Customer Transactions Across SMS, Voice, and WhatsApp

Termii, a leading communication platform in Africa, proudly announces a series of remarkable achievements that highlight its position as a frontrunner in the industry. Termii has achieved unprecedented success under the leadership of its CEO, Emmanuel Gbolade, processing…
StartupsTechnology

Accelerex Unveils Nigeria’s First Fingerprint Payment Solution

Accelerex, one of Africa’s leading fintech companies, has announced the launch of its groundbreaking “Pay with Fingerprint” solution. This solution, the first to be deployed on Point of Sale (PoS) terminals in Nigeria, allows bank account holders to make secure and…
MarketsTechnology

Zedcrest Acquires RMB Nigeria Stockbrokers Ltd in a Deal Valued at ₦400 Million

Zedcrest, a Nigerian investment firm specializing in debt and equity capital markets, has acquired RMB Nigeria Stockbrokers for an estimated amount between ₦400 million and ₦420 million, as reported by a source close to the transaction. The acquisition comes as Zedcrest…

Business Profile

Business Profile

Alibaba founder, Jack Ma, accepted a teaching position in Hong Kong.

The founder of Chinese tech giant, Alibaba, Jack Ma has been made an honorary professor of business at a top Hong Kong university, the school announced Friday. The appointment comes weeks afer the billionaire made a rare public appearance in China following his fall from grace during a government crackdown on the tech industry over two years…
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Fintech

FintechTechnology

Google to accept naira payment on Play Store

Google has partnered with Verve to make digital transactions on Google Play Store easier for Nigerians. The firm noted that as from Wednesday, Nigerians could now use their Verve cards to make purchases on the Google Play Store. It…
Brands & PeopleFintech

Glo, fintech reward customers

Globacom and PalmPay have collaborated to launch a new reward scheme for the telecom firm’s customers. According to the firms, the marketing initiative tagged ‘PalmPay Bonanza: Recharge Glo and Win’ will offer Nigerians who buy…
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NOMINATION FORM FOR THE 2022 RANKS AFRICA BRANDS RECOGNITION

2022 Brands Recognition: These brands are driving economic growth across the country. They stimulate new employment opportunities in nearly every industry. The Ranks Business Consumer Choice Award is a system for determining consumer contentment and brand acceptability. Register your nomination no later than the 31st of December, 2022. BEST STARTUPS BEST RESTAURANTS BEST INFLUENCER BEST NEW…
MagazineMarkets

The January issue of Ranks Business Magazine features Entrepreneur Henry Orakwue Groovy

Do you aspire to financial success? Most people probably do, although it is well-known that it is not an easy endeavor. Henry Orakwue “Groovy” For the majority of us, the widening wealth gap between the rich and the poor makes it seem unattainable, but 26-year-old Henry Olisaemeka Orakwue, a model since 2014 and one of the most sought-after brand influencers, can teach you how. Groovy…
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Banking

Bidvest Group Begins Search for Bidvest Bank Buyer, Aiming to Minimize Retrenchments

Bidvest Bank will prioritise a buyer who will make minimal retrenchments as the bank goes up for sale. The bank currently employs over 1,500 employees. Bidvest Group, the parent company of the bank, today announced that the bank and its financial migration services arm FinGlobal, will be sold as part of a restructuring process. “Beyond looking for fair value of the asset, we will also…
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MarketsTechnology

Zedcrest Acquires RMB Nigeria Stockbrokers Ltd in a Deal Valued at ₦400 Million

Zedcrest, a Nigerian investment firm specializing in debt and equity capital markets, has acquired RMB Nigeria Stockbrokers for an estimated amount between ₦400 million and ₦420 million, as reported by a source close to the transaction. The acquisition comes as Zedcrest looks to expand its services and give its clients access to Nigeria’s equity market, which gained 45% last year (a 26%…
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Energy

International oil refineries are attracting marketers by offering enticing credit arrangements.

In an attempt to aid Nigerian oil marketers in overcoming the challenge of a shortage of dollars within the country, foreign crude oil refiners have initiated the provision of credit facilities. A reliable source has indicated that foreign refiners opted to extend credit facilities to Nigerian oil marketers due to concerns about potentially losing a significant market. This was prompted by the…
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Banking

"UBA provides assistance to micro, small, and medium enterprises (MSMEs)."

The United Bank for Africa has announced its plans to conduct a workshop that will provide valuable insights to proprietors of micro, small, and medium-scale enterprises, enabling them to effectively manage both their well-being and finances in the face of global economic challenges. According to an official statement released on Tuesday, UBA has organized this workshop as part of its ‘UBA…
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