Transportation

GIGM Appoints Enahoro Okhae As CEO

GIG Mobility (GIGM), a tech-enabled mobility company, under the management and leadership of Greatman Legend (formally GIG Group) has announced the appointment of Enahoro Okhae as Chief Executive Officer for GIGM. The new CEO also seized the opportunity to share his vision , he said , “Mobility is beyond movement; it is about the ability to move easily and unhindered irrespective of the channel…
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Agriculture

OPPORTUNITIES BECKON FOR NIGERIA'S PALM OIL PRODUCER

Palm oil producers in Nigeria have been posting record revenues and profits in the past 5 years.largely on account of import restrictions that more or less guaranteed their position as suppliers of last resort to diverse commercial and individual users, As reported by…
BankingMarket

Naira gained against the US dollar on Tuesday,

Tuesday, 17th May 2022: The exchange rate between the naira and the US dollar closed at N418.5/$1 at the official Investors and Exporters (I&E) window, appreciating by 0.71% from N421.5/$1 recorded the previous day. Naira gained against the US dollar on Tuesday…
BankingStartups

Nigerian Fintech Multigate.io Leads Payment Service In Africa

Multigate.io, a Nigerian financial technology firm formed in 2017, leads the future of FinTech and cross-border payments from the continent by providing immediate cross-border funds transfer and enhanced treasury and cash management to businesses and individuals within and outside of Africa. The company focuses on providing simple solutions to solve the complicated payment and cash management…
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Technology

ELECTRONIC ARTS SPORTS TO STOP MAKING FIFA VIDEO GAME

Popular video games publisher Electronic Arts says it is going to stop making Fifa branded football titles. It is one of the most profitable brands in gaming history, but the cost of the licence was one reason why the decision was made to ditch the partnership. EA will…
TechnologyTechnology

MTN Nigeria’s 10.7 million Active subscribers boost fintech ambition

Ahead of the launch of its payment service bank (PSB), MTN Nigeria says it has seen the number of active subscribers on its fintech platform rise by 6.2 million to 10.7 million people year-on-year. The telecommunication company (telco) said it added 1.3 million fintech subscribers and 166,000 active mobile money (MoMo) agents in the first three months of 2022. “Our existing MoMo business…
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Aviation

Airline Operators of Nigeria dump flight suspension plan

The Airline Operators of Nigeria (AON) has withdrawn action to suspend flight operations following the increase in aviation fuel. In a joint statement by AON, it disclosed that further to numerous calls from the highest echelons in government with promises to urgently…
Technology

TikTok Introduces Revenue-Sharing For Content Creators

TikTok on Wednesday announced an ad revenue-sharing program with the social media platform’s most prominent creators, moving closer to a model already used by its competitors. The short-video format app has become wildly popular in recent years with more than a billion…
Aviation

Airline Operators of Nigeria continue ticket sales despite planned shut down

The Federal Competition and Consumer Protection Commission (FCCPC) has said that airlines have continued to sell tickets beyond the date announced for the proposed service shutdown which is an exploitation of consumers and a violation of the law. The Commission, however, expressed optimism that airline operators cannot suspend domestic flight operations as announced, adding that airline…
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