COVID-19: Dangote’s N200m Donation Melts Buhari’s Heart

By Adedapo Adesanya The co-founder and CEO of Drugstoc, Mr Chibuzo Opara, has been crowned winner of the Central and Eastern Europe, Middle East, and Africa (CEMEA) edition of the Visa Everywhere Initiative (VEI), a global open innovation program and competition for start-ups and fintech companies. The helmsman of the startup that leverages technology, supply chain management, financial solutions, and product knowledge to enhance access to healthcare in emerging markets will take home the $20,000 prize. Mr Opara will now compete against the other regional champions from North America, Latin America, Europe, and Asia-Pacific at the VEI Global Finals, which

By Adedapo Adesanya The founder of Nigeria’s Wellahealth Technologies, Mr Ikpeme Neto, has been selected among the top 10 finalists of Africa’s Business Heroes Prize Competition, the philanthropic programme sponsored by Chinese billionaire, Mr Jack Ma. The foundation, now in its fifth year, announced this year’s finalists after an intense round of semi-finale business pitches and judging held on September 1 and 2 at Norrsken House in Kigali, Rwanda. Mr Neto will be among these 10 entrepreneurs who will compete for their share of the final prize of $1.5 million in grant funding at the competition’s grand finale scheduled for

By Aduragbemi Omiyale A smart recycling hub has been unveiled at the Ojoo terminal in Ibadan, the Oyo State capital, courtesy of a waste management consultant, Mottainai Recycling Limited. The facility was opened on Monday at a ceremony attended by the representatives of the state government, the consultant, and the Akinyele Local Government, among others. The Director of Environment of the local council, Mrs Ahmed B.D., said the initiative was aimed to raise awareness among traders, market women, and the general public about climate change, stressing the hazards and consequences of indiscriminate waste disposal, and other undesirable waste management practices.

By Adedapo Adesanya Popular social networking app, Telegram, has introduced end-to-end encrypted video calls that will rival other players such as Zoom, FaceTime, WhatsApp among others. Telegram is introducing end-to-end encrypted video calls on its platform as the chat app completes seven years. Right now, the feature will be available in alpha mode on its Android app, while iOS users might have to wait for a little while to get this feature. Currently, a user can only do one-on-one video calls, but the company says that it will introduce group video chat in the coming months. Telegram‘s competitor, WhatsApp, already

By Dipo Olowookere An indigenous energy firm trading its securities on the Nigerian Stock Exchange (NSE), Seplat Petroleum Development Company, has won its appeal to unseal its corporate headquarters in Lagos. Last month, another publicly listed company, Access Bank Plc, secured an interim order from a Federal High Court sitting in Lagos to seal the head office of Seplat over a debt owed by another organisation, Cardinal Drilling Services Limited, which the lender claimed Seplat has an interest in. Seplat approached the Lagos division of the appeal court to upturn this judgement, claiming since its headquarters was sealed, it has

A no-credit-check loan is a type of loan where the lender performs a soft credit check on the borrower instead of a hard credit check. That is a win, especially during emergencies, since you get the money approved faster. This type of loan also applies if you have poor credit or no credit. Its main advantage is that it helps you avoid one of the most challenging obstacles when it comes to borrowing – the hard credit check. There are typically a few lenders who are prepared to offer same-day loans with no credit check. One of the reasons could

By Modupe Gbadeyanka A renowned audit, tax and advisory services firm, KPMG, has been named a leader among insight service providers in The Forrester WaveTM: Insights Service Providers, Q1 2017. Forrester Research said, “KPMG has cracked the code for balancing business and technology expertise” and is “on the forefront of innovation.” KPMG is cited for its “comprehensive approach to bridging a potential ‘trust gap’” and for its “compelling decision tools” that “present insights, alternative actions, and potential outcomes, and differentiate KPMG’s implementation support.” KPMG believes that in a global environment defined by constant disruption, business leaders need to be confident

By Adedapo Adesanya The Ibadan Electricity Distribution Company (IBEDC) Plc has run to the rooftop to lament that it loses over N50 million every month to vandalism through stolen cables, damaged transformers and other network infrastructure. The company’s Chief Operating Officer (COO), Mr John Ayodele, who disclosed this in Ibadan, noted that the activities of vandals were crippling power distribution to its esteemed customers. The IBEDC has, in recent times, reported cases of stolen cables, damaged transformers, and other network infrastructure. Mr Ayodele decried the spate of vandalism within its network, saying the activities had adversely affected power distribution to

One of the most efficient and successful ways of building wealth over a long period of time is through investing in stocks. All the most successful people have dedicated themselves to investing. One of the prime examples of stock investors is Warren Buffet. Investing in stock allows you to invest your money in a company and reap the benefits of the company’s growth through the years. The biggest misconception that exists or existed is that there’s a barrier to entry due to large funds being involved in the stock market. But it’s not at all true. With the technology and

By Modupe Gbadeyanka Users of Huawei have been told not to panic over the announcement by Google that it would restrict the use of its Android operating system on smartphones produced by the Chinese company. Last week, President Donald Trump of the United States of America (USA) signed an executive order declaring a national emergency regarding telecommunications equipment that could pose a risk to national security. The order restricts American companies from using any telecommunications equipment that the secretary of Commerce declares to be a national security risk. When this order was signed, many observers were of the view that

By Adeniyi Ogunfowoke Technology keeps advancing year after year, improving the way we live and do business. One of the best things that technology is changing is the financial element of the online world, most notably e-commerce. What used to be unavailable is now more reachable and available than ever. An eCommerce platform like Jumia, Nigeria’s no 1 shopping destination has contributed in no small measures in making this very feasible and possible. Fintech and payment innovation have greatly affected the world – they brought mobile payments, online payments, shopping online and digital money. Here is how they will continue to