First Edition of the Tastemakers Wine Series Hosted by Vendease

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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Banking

Yolanda Gampp to train bakers in Lagos

Famous Baker and cake designer, who runs the popular YouTube Channel ‘How to cake it’ Yolande Gampp from Toronto, Canada, top Nigerian bakers in Diaspora and bakers in Nigeria will facilitate sessions at Bakers’ seminar in Lagos slated for September 5-7 at the Eko…
Technology

5G: Ericsson acquires Vonage

Ahead of the rollout of the fifth generation (5G) technology by MTN Nigeria and Mafab Communications, Ericsson has completed its acquisition of Vonage Holdings Corp supporting its strategy to leverage technology leadership to grow its mobile network business and expand into enterprise. Accessing network capabilities in an open, intuitive, and programmable ways via global APIs will enable developer…
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