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Report: Broadband penetration to rise to 55% by 2025

The “Nigeria Mobile Report 2019” released at the weekend by Jumia Nigeria has stated that the nation’s mobile broadband penetration is forecast to rise to 55 percent of its population by 2025.
Students of Regina Paecies who won Gold in the World Technovation Challenge

Anambra Technovation girls, IFEST boys valued at billions of dollars

The Silicon Valley-Nigeria Economic Development (SV-NED) says the five Nigerian girls from Regina Pacies Secondary School, Onitsha, and the four boys from St. John Science and Technical College, Alor, both in Anambra, are worth several billions of dollars.
Jumia NYSE

Jumia becomes first African start-up to list on New York Stock Exchange

Jumia Technologies, a pan-African technology company, has listed on the New York Stock Exchange (NYSE), becoming the first-ever technology company from Africa to list on the world’s largest stock exchange.

Jumia: ‘Africa’s Amazon’ in landmark stock market listing

Shares in Africa's largest e-commerce retailer are set to start trading in New York on Friday in a move that could pave the way for other tech start-ups from the continent.
Ikogosi Warm Spring Resort in Ekiti

Romantic spots to spice honeymoon within Nigeria

Mrs Omolara Adagunodo, the Managing Director, Jumia Hotels and Flight Services, says many Nigerian couples are ignorant of the existence of exotic honeymoon locations in the country.

MTN prepares for share sale of Jumia

African online retailer Jumia is planning an initial public offering in New York this year that could value the business at about $1.5bn, according to people familiar with the matter.
Nick O'Donohoe

UK DFI to invest $1.2 billion in Nigeria

CDC Group Plc, The United Kingdom’s (UK) development financing institution (DFI), says it may invest up to $1.2 billion in Nigeria in post-brexit drive.

Black Friday: Nigerian online shoppers express disappointment

Monitoring the black Friday conversations on social media, most Nigerian online shoppers revealed lack of trust, as many believed the e-commerce companies were simply boost their sales without offering really great discounts.

Software developer urges SMEs to establish presence online

A software developer, Mr Austin Agbakor, has raised the importance of orientating Small and Medium-Scale Enterprises (SMEs) to have an online presence to connect to the world.

Jim Ovia talks Africa Rise and Shine on CNBA Africa

The Founder/Chairman of Zenith Bank Plc, Mr. Jim Ovia, in a recent sit-down discussion with CNBC Africa, speaks of his new book, Africa Rise and Shine and his lessons for business success.
Jim Ovia,

Jim Ovia’s Africa Rise and Shine now available on Jumia and Konga

The much-awaited book, Africa Rise and Shine by Jim Ovia, the Founder/Chairman of Zenith Bank Plc is now available on  Jumia and Konga.

Report: Nigeria to earn N3.63 billion from domestic tourism by end of 2018

In what seems like a bright prospect for domestic tourism in Nigeria, the sector is expected to contribute N3.63 billion to the country’s GDP by the end of 2018.
Opera News gives car to Akinpelumi Oladayo

Opera News gives away a brand new car to super user

Opera News, the most downloaded news app in Africa, gave away the first out of two brand new 2018 Kia Rios to Akinpelumi Oladayo, a 24-year-old student and entrepreneur who won the car by participating in Opera News’ Shake contest.

Glo named 4th most admired brand in Africa

A recent study conducted by Brand Africa partners, GeoPoll, a leading research firm in emerging markets, has adjudged Globacom, a telecommunications solutions provider, as fourth among the Most Admired Brands on the African continent.

Trial of alleged killers of Jumia dispatch rider stalled

The two suspected killers of a dispatch rider whose body was found in a septic tank last year, have pleaded not guilty to the three count charge of conspiracy, murder and armed robbery.

Dangote enters deal to sell cement online

You can now buy a bag of cement online and at a cheaper price, courtesy of a deal signed by management of Dangote Cement Plc with the popular e-commerce platform, Jumia Nigeria on Monday.

Gang using taxi to rob smashed after robbing policeman

A gang that specialized in using private cars as taxi to dispossess commuters of their valuables has been nabbed in Lagos State.

Police arrest couple over alleged murder of 7-month-old baby in Delta

The Delta State Police Command has arrested a husband and wife, Gideon Aya and Adaeze Aya for alleged conspiracy and murder of a seven month-old baby, Wisdom Roland at No. 33 Nwobodo Street, Akwebulu, Asaba.

Recent Stories

The Buhari Media Organisation (BMO) has advised former Vice President Atiku Abubakar and the Peoples’ Democratic Party (PDP) presidential candidate in the Feb. 23 election to come to terms with his loss at the election.

Tribunal: Witness faults results of presidential election claimed by Atiku Ababakar, PDP

A witness invited by the petitioners before the Presidential Election Petition Tribunal (PEPT) has disagreed with the results of the last presidential election in Katsina State as claimed by the Peoples Democratic Party (PDP) and its candidate in the last presidential election, Atiku Abubakar.
Barcelona have agreed to sell left-back Marc Cucurella to Getafe just a day after they brought him back from Eibar.

Barcelona sell Marc Cucurella to Getafe just hours after re-signing him from Eibar

Barcelona have agreed to sell left-back Marc Cucurella to Getafe just a day after they brought him back from Eibar.
Nasir El-Rufai

Governor El-Rufai seeks assembly’s approval of N81.68 billion supplementary budget

The Kaduna State House of Assembly has began deliberations on the N81.68 billion supplementary budget forwarded to it by Gov. Nasiru El-Rufai.

Operation Lafiya Dole gets new commander as Naf redeploys senior officers in fresh shakeup

The Nigerian Air Force (NAF) has appointed new Branch Chiefs, redeployed two Air Officers Commanding (AOCs) and other senior officers.

Joaquin ‘El Chapo’ Guzman sentenced to life in prison

The Mexican drug kingpin Joaquin “El Chapo” Guzman has been sentenced to life behind bars in a U.S. prison, a humbling end for a drug lord once notorious for his ability to kill, bribe or tunnel his way out of trouble.