entrepreneur in nigeria

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

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

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 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 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 […]

Toluse Francis November 16, 2017

In a notice sent to the Nigerian Stock Exchange (NSE) on the 15th, Beta Glass Plc announced the appointment of  Seun Oni as an Independent Director. Seun Oni has a Bachelor of Science degree in Economics which she obtained from the University of Lagos in 1989. She also participated in various management and Leadership programmes […]

Toluse Francis November 14, 2017

Dangote Industries Limited (DIL) has sold an additional stake in Dangote Cement to investors based in Dubai. 128.7 million shares were sold at a price of N210 per share with an estimated value of N27 billion. DIL is the investment vehicle through which Aliko Dangote maintains a controlling stake in Dangote Cement and other companies […]

Toluse Francis November 14, 2017

When it comes to choosing what computer brand to use, it might be a tough decision considering factors such as, your pocket size and what you intend to use the computer for. Over the years in Nigeria the mostly used brands have been HP and Dell recently joined by Lenovo. Despite topping the chart on […]

Toluse Francis November 14, 2017

As a law undergraduate at the Abia State University, Chidiadi Madumere got her first job as a documentary scriptwriter for EbonyLife TV. ”My first break out job was for EbonyLife TV. I was their onscreen writer for Naija Diamonds, a documentary about ordinary Nigerians doing extraordinary things. We travelled to about 10 states across the […]

Toluse Francis November 13, 2017

The graph below shows that the Nigerian industrial sector barely utilised power supply from the national grid  for a period of 28 years; the case isn’t different today. And as it turns out, their resort to self-generated electricity incurs high cost of production, which a report puts at ₦3.5 trillion per annum. Electricity consumption pattern […]

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