Christians and Maltreating of Maids

By Victor Basta In the vast and diverse landscape of African growth investing, more opportunities abound today than ever before. Africa’s recent growth surge has created a large group of companies already scaling successfully, while the current market environment has reduced the capital available. This untapped potential between high-quality investment “demand” and reduced capital “supply” extends to various commercial sectors, including logistics, HR, and insurance, all presenting significant high-value “white spaces” waiting to be filled. For those looking to invest in Africa, especially in high-growth, digitally-driven companies, these markets offer immense potential. African Investment In Developed Digital Sectors Africa’s digital

By Thando Sibanda It’s all too easy to think of startup founders as young, vigorous and touched with immortality. But the sector is full of stories of founders dying before their time. Such deaths are always tragic but can be even more so when there isn’t a clear plan in place. Without that plan, conflicts can quickly arise between the family of the deceased, investors, business partners, and other interested parties. Often, the source of this conflict is the founder being subject to a “deemed offer” or “deemed sale” clause. This clause leads to an automatic forced sale of the

By Olutayo Irantiola In the last few weeks, many markets across Lagos State have been locked and opened by the Ministry of Environment and the Lagos Waste Management Authority (LAWMA). There is no gainsaying that these markets are due for closure. However, what next after the re-opening of the markets? One of the places in town synonymous with huge refuse generation is the markets. Many times, markets are considered to belong to nobody; as such, traders want their immediate environment habitable for their businesses, and at the close of the day, they “drop” the byproducts of their wares somewhere, mainly

By Jerome-Mario Chijioke Utomi Dear Mr President, I trust this letter finds you well. It remains a familiar narrative that the Saturday, February 25, presidential election organized by the Independent National Electoral Commission (INEC) affirmed you as the President of the Federal Republic of Nigeria. Further eliciting congratulations on your success is the awareness that all the litigations/and related concerns arising from the electoral exercise have been resolved in your favour. In line with this victory, you are presently faced with the task of delivering Nigeria and Nigerians from the snare of dangerous political and socio-economic challenges. As part of

By Adeniyi Ogunfowoke In Lagos alone, there are thousands of restaurants. These restaurants are regularly looking for creative ways to attract customers to patronise them. Unknown to them, some of these customers do not have time to visit these restaurants. Don’t they eat? Of course, they do! The fact is they have turned to online food marketplaces like Jumia’s food ordering platform and others to order their meals.  The advantage here is that the food is delivered to their homes and offices at the quickest time. This means the earnings of restaurants yet to sell on Jumia will be affected

By Kester Kenn Klomegah The Association of Economic Cooperation with African States (AECAS) together with the Institute of African Studies of the Russian Academy of Sciences, Russia–Zimbabwe Business Council, Vi Holding with the support of the Roscongress Foundation held a webinar entitled Russian Business in Zimbabwe. During the meeting, experts and business representatives gave an analysis of Russian-Zimbabwean business contacts, interaction with authorities, building relations with business partners and prospects for bilateral cooperation. Irina Abramova, Director of the Institute for African Studies of the Russian Academy of Sciences, said Zimbabwe has the potential interest and is open to Russian business.

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange ended the last trading day of the week in the positive territory with a 1.3 per cent growth. This bullish outcome was propelled by the positive price movement in the shares of Central Securities Clearing Systems (CSCS) Plc, one of the bourse’s bellwethers. During the trading session, the Nigerian security depository company was the lone price mover, going up by N1.40 or 10 per cent to settle at N15.40 per share in contrast to N14 per unit it closed at the previous session. This extended the stay of the bulls at

By Modupe Gbadeyanka Nigerians have been advised to take agriculture as profitable business that has the potential of revamping the country’s economy. Minister of Agriculture and Rural Development, Mr Audu Ogbeh, gave this advice when he held a meeting with a delegation from the Plateau State government led by the Governor, Mr Bako Lalong, in his office last week. According to the Minister, agriculture remains the biggest and fastest way of enriching the rural populace and stabilizing the polity. “We have no choice than to help grow agriculture in all states of the federation, create wealth and jobs and make

By Modupe Gbadeyanka A suicide bomb attack in the early hours of Wednesday has left at least two persons dead in Borno State. It was gathered that four female suicide bombers carried out the attacks at about 1:15am today. The unfortunate incident took place at Usmanti along Muna Garage axis, Maiduguri in Borno State. Two men were reportedly killed due to the explosion while about 16 injured people were administered with the first aid. Spokesperson of the National Emergency Management Agency (NEMA) North-East zone, Mr Abdulkadir Ibrahim, confirmed the evacuations of the bodies and the injured who have been taken

By Adedapo Adesanya President Bola Tinubu will travel to Riyadh, the Kingdom of Saudi Arabia, over the next few days in what has been termed an aggressive push to promote Nigeria and attract foreign direct investment (FDI) into the country. Nigeria’s need for increased FDI has been one of the major focus of the Tinubu administration as inflow into the Nigerian economy dipped by 33 per cent to $1.03 billion in the second quarter of 2023 as against the $1.535 billion recorded in Q2 2022. It also went down by 9 per cent when compared to the $1.132 billion recorded

By Jerome-Mario Chijioke Utomi Recently, precisely on Monday, August 23, 2022, the GbaramatuVoice newspaper, in what has become an annual ritual of the sort, announced for the awareness of the general public, details of programmes lined up to mark its forthcoming 7th Anniversary Lecture/Awards, scheduled for Tuesday, August 30, 2021, by 10:00 am, at the Transcorp Hilton Hotel, Federal Capital Territory (FCT), Abuja. Also in that release, the news organization told the world that the anniversary lecture, which has as a central theme Oil politics, securing national assets, dependency and diversification, will have as keynote speaker, Timipre Sylva, the Minister

By Adedapo Adesanya Nigeria’s economy has been forecast to grow by 1.1 per cent in 2021, according to the latest projection by the World Bank. This was contained in a statement issued in Washington D.C. on Tuesday at the presentation of the January 2021 Global Economic Prospects. The global lender said the world economy is expected to grow by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. The Bretton Wood institution noted the oil-dependent Nigerian economy faced low oil prices, Organisation of Petroleum Exporting Countries (OPEC) quotas, falling public investment due to