MTN fined N190m in Uganda – Read why

It appears Nigeria isn’t the only country where telecommunications giant, MTN has been found wanting. On November 6, a commercial court in Uganda, presided over by Henry Peter Adonyo, slammed a fine of sh2.3bn (N190 Million) on the multinational telecommunications company- payable to EzeeMoney as damages for sabotaging EzeeMoney mobile money business. EzeeMoney had initially filed... Read More

The News Blog

Business, Corporate, fine, international, legal, MTN

November 16, 2015

Dangote, 3 others resign from Dangote Flour Mills

Aliko Dangote, the richest man in Africa, has resigned from Dangote Flour Mills. Dangote’s resignation came after Tiger Brands, majority owner of Dangote Four Mills cut funding support to the Nigerian division. This decision prompted the resignation of four of their directors on Monday, November 16. Tiger Brands stated that it was exploring other alternatives... Read More

The News Blog

Business, Dangote, reuters, Tiger Brands

November 12, 2015

NDLEA to Ekiti youth: ‘Stop smoking, selling weed!’

The National Drug Law Enforcement Agency has warned Ekiti State youths to desist from selling cannabis popularly known as weed. The State Commander of the NDLEA, Suleiman Jadi, gave the warning in an interview with the News Agency of Nigeria on Thursday in Ado-Ekiti. The NDLEA boss said that the agency had apprehended more than 30 youths... Read More

The News Blog

Business, Ekiti, Marijuana, NDLEA, weed, youth

October 28, 2015

CONCOM 2015: Etisalat Nigeria educates SMEs on the importance of online presence

Nigeria’s innovative telecommunications company, Etisalat, has implored Small and Medium Enterprises (SMEs) and start-ups in the country to enthusiastically adopt the electronic commerce model of business to help improve their business value and processes. Speaking on‘Role of Mobile Penetration in Online Commerce’ at the recent Webmall Connect Commerce Conference 2015, Head of Enterprise Marketing, Etisalat... Read More

Partners

Business, etisalat, online, SME, telecommunications

July 4, 2015

‘If subsidy is removed, a dollar might be N500’, says Dangote

One of Africa’s biggest businessman, Aliko Dangote said Nigerians should invest at home and create jobs stating that 5 to 10 people can make Nigeria a great economy. According to Vanguard, Dangote, who said this in an interview also said Nigeria will not have meaningful development until power problems in the country is sorted. Here are 10... Read More

The News Blog

aliko dangote, Business, nigeria, subsidy

May 11, 2015

Adiya Atuluku: The cofoundHER interview

by cofoundHER Founded by three ladies, Adiya Atuluku, Frances Okolo and Thelma Thani, Muse Origins is a creative organisation with the mission to showcase African creativity through art, photography, culture, design, music, food and fashion. We believe that Africa has so much to offer…but most people don’t know it yet. Our mission is to show the... Read More

Adiya Atuluku, african women entrepreneurs, Business, cofoundher, muse origins, Tolu Agunbiade

April 18, 2015

10 disturbing scenes from xenophobic attacks in South Africa (PHOTOS)

by Kolapo Olapoju We bring to you 10 shocking pictures from the streets of Johannesburg, South Africa, where Friday, April 17, was yet another day of widespread looting and anti-immigrant attacks. In the last two weeks of xenophobic rioting, several people have been reported dead. The attacks began as a result of widely-held beliefs that the South... Read More

The News Blog

Attack, Business, Daily Mail, immigrants, jacob zuma, johannesburg, Murder, south africa, Xenophobia

April 7, 2015

Tony Elumelu: What is good for democracy is also good for business

by Tony Elumelu Primarily, I believe that a proper role of government is to support economic expansion, but in the end, the driving of the economy must be led by the private sector. I am optimistic about Africa and its future. I believe strongly – that a new Africa has begun to emerge – although one... Read More

africa, Business, democracy, opinion, private sector, tony elumelu ynaija

March 21, 2015

Alexander Amosu, Tara Fela-Durotoye, Igho Sanomi… look who else made the #YNaijaPowerList for Business

by Wilfred Okiche As the annual #YNaijaPowerList enters its 4th year, we bring you the most influential young Nigerians under 40 who are tackling the vast, exciting world of big business and making giant strides. From a flamboyant luxury retailer breaking boundaries in Her Majesty’s Britain, to a technology veteran mining gold via e-commerce.... Read More

#YNaijaPowerList, alexander amosu, Amy Jadesimi, Bunmi Otegbade, Business, Igho Sanomi, tara fela durotoye

February 24, 2015

Become your own boss! Sign up to be part of ‘Beauty Business On-the-Go’ by House of Tara

by Jewel Stephen Beauty Business On-the-Go (BBOG) is an initiative by Africa’s leading makeup brand, House of Tara International, in partnership with First City Monument Bank (FCMB). The campaign is aimed at recruiting and empowering 5,000 women to become beauty representatives and as such create job opportunities to further reduce the rate of unemployment in... Read More

Beauty, Business, House of Tara, tara fela durotoye

December 6, 2014

“You cannot go far on your own…“: Leading Ladies Africa speaks to Wana Udobang

by Francesca Uriri The distinctive, warm voice of Wana Udobang is one many radio listeners are familiar with. But beyond being an On-Air Personality, she is completely focused on living her purpose and fulfilling her dreams. As the Leading Lady Africa for the week, Wana talks radio, arts, culture and how to be your most... Read More

Business, Francesca Uriri, journalism, Leading Ladies Africa, speaks, support, Wana Udobang

November 29, 2014

Join others for the Microsoft Mobility Summit Exhibition in Lagos [DETAILS]

by Akan Ido The Microsoft Mobility Summit, an event to introduce tech savvy individuals to the Microsoft mobile-first and cloud-first world will be taking place in Lagos next week. The summit which will start by 1pm on Wednesday, December 3, at The Harbor Point, 4 Wilmot Road, Off Ahmadu Bello Way, Victoria Island, Lagos, promises to... Read More

Business, microsoft, Microsoft Mobility Summit, Office 2013, Office 365, Oil and Gas, pc, technology, Windows 8

October 15, 2014

@cenbank report shows Nigeria’s economy picking up in Q2

by Tunji Andrews Provisional data indicated that growth in key monetary aggregate was sluggish in the second quarter of 2014. Over the level at the end of the preceding quarter, broad money supply, (M2), grew by 1.5%, compared with 0.2% at the end of the preceding quarter. The development reflected, largely, the 1.1% and 4.5%... Read More

The News Blog

agriculture, Business, CBN, economy, Federal Government, Rates, Second quarter, world economic outlook

October 14, 2014

@StanbicIbtc set to launch annual business leadership series

by Jewel Stephen The creation of deeper connections and development of a new cadre of leadership among people and businesses in Nigeria is pivotal to economic and social development. A new forum developed by Stanbic IBTC, called the Business Leadership Series will do just this. It will focus on a wide range of economic and... Read More

Business, conference, konga.com, Leadership, nigeria, sim shagaya, Sola David-Borha, Stanbic, Vusi Thembekwayo

September 25, 2014

“We don’t survive on movies alone” || What do Nollywood actresses have to do to get paid?

by Damilola Jagun Apparently, Yoruba speaking actresses are terribly underpaid for starring in movies. Nollywood actress, Iyabo Ojo has revealed that it is impossible for actresses in the Yoruba sector of the industry to survive solely on the money they make from acting. The mother of two, says most Yoruba female actors have side businesses,... Read More

actresses, Business, Iyabo Ojo, money, nollywood, Yoruba

September 24, 2014

Are you a young entrepreneur in/around Surulere? Apply to be one of 10 candidates for #SurulereStartups || Top 3 businesses to access $150,000 in cash and support

by Damilola Jagun Entries have now opened for the second stream of #SurulereStartups – where 10 young people running businesses 1 – 3 years old will be selected for an 8-week televised boot camp. 3 winning businesses will win access to over $150,000 in cash, media inventory and business incubation. “#SurulereStartups is the first stream... Read More

Business, entrepreneur, funding, lagos, RED, Surulere Startups, The Future Project

September 17, 2014

Terry G has officially started his ‘Pure Water’ business (LOOK)

by S’ola Filani A few weeks back, Swagger King, Terry G, announced via instagram, his plans to begin the business. Despite the criticisms he received on social media, the celebrity has indeed delved into the business (as seen above). Well done Terry G.

Business, pure water, Terry G

September 8, 2014

#RonaldNzimoraTalksBusiness : How to “Steal” great business ideas and Get rich with them (Y! Business)

by Ronald Nzimora The year was 2003 and we were in Year Three in University. We were sitting in the newspaper section of the library. I was reading the dailies and my friend Ugo was trying to write an essay and submit it for a writing competition. Something to do with the role of “Financial... Read More

Business, great business ideas, opinion, ronald nzimora, steal, y! business, ynaija

September 4, 2014

Listen up, people! You will soon be paying more bank charges [DETAILS]

by Tunji Andrews The charge on extended use of other banks’ Automated Teller Machines (ATMs) reintroduced by the Central Bank of Nigeria, which took effect from Monday, has been considered as being unnecessary by Nigerians. Below are few myths around the ATM charge implementation; 1. Bankers say paying interloping fees on behalf of customers greatly... Read More

The News Blog

ATM Charge, Automated Teller Machines, Business, central bank of Nigeria, economy

August 22, 2014

Adedunmade Onibokun: How to register your company without a lawyer (Y! Legal)

by Adedunmade Onibokun Many people have always toyed with the idea of registering their own companies and organisations, with SMEs sprouting up like wildfires in Nigeria and the drive for self- employment gaining momentum. Whether your start-up is about IT, legal or business services or you are considering starting your own NGO; one of first... Read More

Adedunmade Onibokun, Business, company, opinion, y! legal, ynaija

August 18, 2014

Nollywood Actor, Jim Iyke has a new side-hustle! [DETAILS]

by Kolapo Olapoju Every week, we seem to always have something to report on Nollywood’s bad boy! Actor, Jim Iyke says he is going into the water-producing business. He disclosed this on his Instagram page, where he revealed that himself and a partner, are the brains behind the project, ‘Burgeon Water’. He added the... Read More

Burgeon water, Business, instagram, Jim Iyke, nollywood, water

August 16, 2014

“It will be HARD sometimes” | Leading Ladies Africa speaks to Sesu Tilley-Gyado , CEO Africa Heritage Books Ltd

by Fransesca Uriri For Sesu Tilley-Gyado, Artiste, Singer and Entrepreneur, art and culture are important. She speaks about creating value out of both, preserving and documenting our history and encouraging women to have big dreams and support one another. She is the Leading Lady for the week; be inspired! For those who don’t really know... Read More

Business, fransesca uriri, Leading Ladies Africa, women, ynaija

July 22, 2014

Who woulda thunk it? Manufacturing is now biggest driver of Nigeria’s growth [DETAILS]

by Tunji Andrews An ironic twist in Nigeria’s economic story has presented itself with Renaissance Capital’s report that flags manufacturing as the major driver of economic growth in Nigeria. This is ironic because the country has been ridden with crippling power challenges that have historically been a key impediment to the development of manufacturing in... Read More

Business, Cement industry, economy, Federal Government, GDP, manufacturing in nigeriA, nigerian manufacturing, Oil and Gas, telecommunication, Textile, Who woulda thunk it? Manufacturing is now biggest driver of Nigeria’s growth [DETAILS]

July 12, 2014

“A female entrepreneur should have big dreams“: Leading Ladies Africa speaks to Tolagbe Martins

by Fransesca Uriri There are no clear-cut rules on how to be a successful entrepreneur. Tolagbe Martins speaks about starting up, creating a niche, and why family is important in business. You run a boutique events management company, how did that start? The Social Place is about Fun, Food & Flowers. We frequently entertained as... Read More

boutique, Business, entrepreneur, Francesca Uriri, Leading Ladies Africa, nigeria, Tolagbe Soleye-Martins, ynaija

June 28, 2014

Chika Nwobi: Meet the god of Nigeria’s mobile and Internet space (YNaija Long Read)

by Goke Oyeniyi Nigeria’s mobile tech pioneer who founded MTECH, West Africa’s largest mobile content company, is producing the country’s next generation of elite entrepreneurs and internet companies – and he’s already got $5m for the job In 1999, as the United States of America tried to find its way through the infamous dot come... Read More

Business, Chidi Aneto-Okeke, Chika Nwobi, Chris Ubosi, Ghana, Goke Oyeniyi, Harvard Alumni, Jobberman, Kenya, Lateef Belo-Osagie, MTech, nigeria, Obafemi Awolowo University, seed capital, technology, ynaija long read

May 31, 2014

Why Rocket Internet has been (very) good for Nigeria (YNaija Long Read)

by Seun Adegoke Oyeniyi Burning heavy cash on marketing and engagement to tear down market reluctance to e-commerce in emerging markets is the signature strategy which Rocket’s success is attributed to. It seems like ages now, but it has only been two years since Rocket Internet GmbH touched down in Nigeria’s e-commerce space with the launch... Read More

April 28, 2014

Adaobi Tricia Nwaubani: The peculiarities of doing business in Nigeria

by Adaobi Tricia Nwaubani A number of multinationals in Nigeria have suffered costly reprimands from the judiciaries in their countries of origin, for engaging in practices that can be crucial to survival in the Nigerian business climate. While travelling from Lagos to Abuja in 2011, a Nigerian “big man” who sat beside me on the... Read More

Adaobi Tricia Nwaubani, Business, companies, doing, international, nigeria, opinion, ynaija

March 31, 2014

Tara Fela-Durotoye, Tayo Oviosu, Funke Bucknor & more! We present the 10 most powerful Under-40s in Business – #YNaijaPowerList

by Wilfred Okiche The world of entrepreneurship is not for the fainthearted, but the 10 Nigerians on this list have taken it on and are winning. The ultimate power players, these ones go hard and take no prisoners. Be it in real estate, oil and gas, beauty or the media, they seal the deal... Read More

#YNaijaPowerList, Business, Funke bucknor, tara fela durotoye, tayo oviosu

March 10, 2014

Adaobi Okwy: Let me tell you how to gossip right (Y! Superblogger)

by Adaobi Okwy Some years back, I remember my mum saying that she would stop patronizing her hairdresser because the woman only gossiped about others. My mum said she didn’t want to hear whose husband was cheating, whose son was a loser and who’s daughter was sleeping around. I was at the salon and three... Read More

Adaobi Okwy, Business, funny, GOOD, gossipping, hairdresser, opinion, Y! Superblogger, ynaija

February 22, 2014

PrepClass wins $20,000 at the TechCabal Battlefield competition in Lagos

by Akan Ido We are pleased to announce that out of 92 applications, a fiercely competitive shortlist of 20 and a final group of seven who went through the Battlefield Academy, the winner of the maiden edition of TechCabal Battlefield 2014 is PrepClass. Yesterday, Techcabal hosted a showcase of Nigerian technology startups at the first... Read More

MTN fined N190m in Uganda – Read why

Dangote, 3 others resign from Dangote Flour Mills

NDLEA to Ekiti youth: ‘Stop smoking, selling weed!’

CONCOM 2015: Etisalat Nigeria educates SMEs on the importance of online presence

‘If subsidy is removed, a dollar might be N500’, says Dangote

Adiya Atuluku: The cofoundHER interview

10 disturbing scenes from xenophobic attacks in South Africa (PHOTOS)

Tony Elumelu: What is good for democracy is also good for business

Alexander Amosu, Tara Fela-Durotoye, Igho Sanomi… look who else made the #YNaijaPowerList for Business

Become your own boss! Sign up to be part of ‘Beauty Business On-the-Go’ by House of Tara

“You cannot go far on your own…“: Leading Ladies Africa speaks to Wana Udobang

Join others for the Microsoft Mobility Summit Exhibition in Lagos [DETAILS]

@cenbank report shows Nigeria’s economy picking up in Q2

@StanbicIbtc set to launch annual business leadership series

“We don’t survive on movies alone” || What do Nollywood actresses have to do to get paid?

Are you a young entrepreneur in/around Surulere? Apply to be one of 10 candidates for #SurulereStartups || Top 3 businesses to access $150,000 in cash and support

Terry G has officially started his ‘Pure Water’ business (LOOK)

#RonaldNzimoraTalksBusiness : How to “Steal” great business ideas and Get rich with them (Y! Business)

Listen up, people! You will soon be paying more bank charges [DETAILS]

Adedunmade Onibokun: How to register your company without a lawyer (Y! Legal)

Nollywood Actor, Jim Iyke has a new side-hustle! [DETAILS]

“It will be HARD sometimes” | Leading Ladies Africa speaks to Sesu Tilley-Gyado , CEO Africa Heritage Books Ltd

Who woulda thunk it? Manufacturing is now biggest driver of Nigeria’s growth [DETAILS]

“A female entrepreneur should have big dreams“: Leading Ladies Africa speaks to Tolagbe Martins

Chika Nwobi: Meet the god of Nigeria’s mobile and Internet space (YNaija Long Read)

Why Rocket Internet has been (very) good for Nigeria (YNaija Long Read)

Adaobi Tricia Nwaubani: The peculiarities of doing business in Nigeria

Tara Fela-Durotoye, Tayo Oviosu, Funke Bucknor & more! We present the 10 most powerful Under-40s in Business – #YNaijaPowerList

Adaobi Okwy: Let me tell you how to gossip right (Y! Superblogger)

PrepClass wins $20,000 at the TechCabal Battlefield competition in Lagos

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