Toluse Francis

Toluse Francis November 27, 2017

Econet could become valued at over $8 billion, new board appointments and putting a stop to telecoms vandalism. Here are last weekend’s top headlines on startups, entrepreneurship, innovation and tech around Africa. Impending Econet IPO. Big news. African telecoms giant, Econet is reportedly seeking to go public on the London Stock Exchange at a valuation of $8 […]

Toluse Francis November 27, 2017

Date Currency Buy (AM) Sell (AM) Buy (PM) Sell (PM) Volatility 27/11/2017 Dollar 360 364 360 364 Low 27/11/2017 Euro 416 427 419 428 Low 27/11/2017 Pounds 470 475 472 479 Low 24/11/2017 Dollar 361 364 361 364 Low 24/11/2017 Euro 420 425 419 425 Low 24/11/2017 Pounds 471 475 470 475 Low 23/11/2017 Dollar […]

Toluse Francis November 27, 2017

You can never go wrong with a business that deals on consumables. People eat plantain a lot. The only problem with this business is that it is rather climate selective hence cannot be successfully run in every part of the world. Plantain does not flourish in either too hot or too cold weather. The best […]

Toluse Francis November 22, 2017

President Muhammadu Buhari this week presented the 2018 budget to the National Assembly. Below are a list of stocks, that could likely benefit from the government spending. Stocks in the agriculture sector President Buhari, during his budget presentation speech highlighted his administration’s achievements in the agricultural sector so far and the plans to do more. […]

Toluse Francis November 22, 2017

In its bid to improve the living standard of its host communities, Shell Petroleum Development Commission (SPDC) in a statement released recently said it had spent $29.8million on social investment projects and also awarded 94% of their contracts to indigenous firms in line with the local content initiative of the government. This was valued at […]

Toluse Francis November 22, 2017

The National Bureau of Statistics reported on Monday that Nigeria recorded a Real GDP Growth rate of 1.4% for the 3rd quarter of 2017, solidifying Nigeria’s exit from recession. The report also revises Nigeria’s second quarter GDP to 0.72% from 0.55% previously reported. By all account, things seem to be moving in the right direction, […]

Toluse Francis November 22, 2017

Pan-African entrepreneurial training program, seed fund, and incubator MEST today announced the launch of two new Incubator spaces in Lagos, Nigeria, and Cape Town, South Africa, as the program continues to expand its presence across the continent. The spaces will join the flagship headquartered in Accra, Ghana, as part of a growing Pan-African network of MEST Incubators. […]

Toluse Francis November 21, 2017

In a notice released to the Nigerian Stock Exchange (NSE) today, UACN Plc has announced the opening of its rights issue. 960,432,193 ordinary shares of 50 Kobo each at the offer price of N16 per share on the basis of one (1) new ordinary shares for every two (2) ordinary shares held as at 19 […]

Toluse Francis November 20, 2017

Let’s get this clear; it is extremely difficult, if not practically impossible, to build a solely online consumer internet business in Nigeria and by extension, Africa. This is due to a number of reasons including poor internet connectivity and reach, lack of trust, and broken infrastructure, among others. Even faced with these challenges, I still […]

Toluse Francis November 20, 2017

This week is loaded with events you don’t want to miss. We have curated a list of tech events that will interest you. They are coming up on or between Monday, 20th November 2017 to Monday, 27th November 2017. Startup Grind Startup Grind Lagos is set to host Former Minister of Communication Technology and now […]

Toluse Francis November 17, 2017

As the CEO of one of Nigeria’s largest enterprise internet service providers, Muyiwa Ogungboye prides himself in his capacity to endure hardship. But things were so difficult in the earlier days of building his company — eStream Networks — that he almost threw in the towel twice. On one occasion, crucial equipment got fried up, […]

Toluse Francis November 17, 2017

  Nigeria’s Mobile Telecommunications firm, 9Mobile (formerly known as Etisalat Nigeria) and Bango a UK based firm have announced a partnership. The partnership allows 9pay wallet users to pay for apps on the Google play store without having a debit card or bank account but using the payment gateway provided by Bango. What is 9Pay […]

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