Markets

Café One launches its First Co-Working Space in Palms mall Ibadan

In line with their mission to deliver solutions that enhance stakeholders’ value, Sterling Bank has launched another branch of their coworking space, Café One, at the Palms Shopping Mall, on 15 July 2022 in Ibadan. Café One is a digital hub that also doubles as a coworking space; where innovation meets community. It was initiated by Sterling Bank and is targeted at millennials and Gen Zs…
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Markets

How to Join the Jumia Affiliate Program

umia is the leading e-commerce platform in Africa with its marketplace supported by its proprietary logistics business, Jumia Logistics, and its digital payment and fintech platform, JumiaPay. Jumia Logistics enables the seamless delivery of millions of packages while…
Technology

Wow!lotto celebrates Anniversary, makes Nigerians richer with over N141 Million Payouts

Nigeria’s First Interactive Gaming Lottery, wow!lotto, marked its first year anniversary this July. This lottery platform with exceptionally bright interactive features for smartphones and PCs has immersed Nigerians in the atmosphere of its games and has made it possible for them to deposit & play at any time, see their winnings on the go and withdraw with fast payouts. It is interesting to…
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Markets

Nigeria’s foreign, domestic debts unsustainable- NACCIMA

Nigeria’s total foreign debt as at March, this year stood at $40 billion, increasing from $38.4 billion last December; domestic debt also rose from N23.7 trillion to N25 trillion within the same period. Such levels of debt, the Nigerian Association of Chambers of Commerce…
MagazineVetted Brands

Appreciation: Our Event Is incomplete without you all 'Event Vendors'

With deepest gratitude, the entire team of Ranks Business/ Ranks Africa appreciate you all for making the event a wonderful one. Just like a birthday without cake, our event wouldn’t have been fabulous without you ( the photographers, event planners, deejays, ushers, bakers, caterers) It was indeed honoring to have you present at the unveiling, your participation ensured the success of this…
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Markets

Naira devalue from #700 to $1

The  naira has weakened to new low of N700/$1 at the parallel market as dollar demand pressure from retail end users persists. The naira closed last week at N630/$1 and has stayed within the N620/$1 band for weeks before the current low. Findings showed that although many…
Economy

FAAC allocation increases to 18%, FG, states share N802bn

The federal, state and local governments shared N802.407bn as federation allocation for the month of June, 2022. This represents 18 per cent increase from N681bn shared in May. The sharing decision was reached at Federation Account Allocation Committee (FAAC)’s meeting…
Restaurant

Bakers end strike, hike price bread again

The Premium Breadmakers Association of Nigeria says it has suspended its four-day warning strike which began on Thursday. The PBAN President, Emmanuel Onuorah, said his members had resolved to increase prices of bread in order to cushion the impact of the harsh operating environment. He said, “We have ended the warning strike/withdrawal of services. We finished it on Monday and we have resumed…
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