Business Strategy

Canada calls for teachers, electricians in updated Express Entry system, scraps STEM and tech
Canadian authorities on Thursday updated the Express Entry system occupation lists to include a new category to attract educators such as teachers, class assistants and early childhood educators. Due to a shortage for teachers and an expanding group of students, there is a growing need for educators, which led to the update. The new category […]
Staff Writer
Unity Bank faces N62.6 billion loss in 2023
Unity Bank Plc has recently announced a substantial loss of N62.64 billion for the fiscal year 2023, highlighting the bank’s challenges amidst economic uncertainty and volatility. This financial performance reflects the bank’s struggle with negative shareholders’ funds, high domestic interest rates, and fluctuations in the foreign exchange market. Financial performance overview The bank’s audited financial […]
Modupeoluwa Olalere
Takealot battles new rivals as Amazon, Temu and Shein dominate South Africa’s e-commerce
South Africa’s e-commerce market is changing dramatically as global competitors like Amazon and Temu put increasing pressure on Takealot, the country’s largest retailer. Industry analysts on Monday noted that the entry of foreign marketplaces such as Shein, Temu, and Amazon marked a new phase of digital competition in South Africa. The entry of these global […]
Modupeoluwa Olalere
Airtel Money customers can now access cash services at Naivas Supermarket branches in Kenya
Customers of Airtel Money Kenya will be able to deposit and withdraw money at any Naivas branch nationwide thanks to a partnership between Airtel Money Kenya and Naivas Supermarket. This development was announced by the Managing Director of Airtel Money on Tuesday. The agreement is a component of Airtel Money’s proactive plan to increase the […]
Staff Writer
Business Women Connect 2024 empowers female entrepreneurs to surmount economic challenges
Female entrepreneurs gathered at the Business Women Connect (BWC) 2024 last Saturday to learn digital and financial skills to grow their businesses. Themed “Thrive: Navigating Economic Uncertainty and Building Resilience in Business,” the forum provided a transformative platform for learning, networking, and empowerment, uniting vendors, industry leaders, and participants seeking growth strategies in a challenging […]
Staff Writer
Tunisia introduces Auto-Entrepreneur Card to streamline freelance registration, benefits
On Monday, Tunisia introduced the Auto-Entrepreneur Card, a new initiative designed to streamline the registration process and offer social benefits to freelancers and self-employed individuals. This move is part of the country’s broader efforts to formalise the growing freelance sector, which has long operated outside the formal economic framework. With this initiative, Tunisia aims to […]
Pelumi Apantaku
Nigerian technologists threaten indefinite strike over unpaid salaries, outstanding emoluments
Following a peaceful protest held at the University of Maiduguri, the National Association of Academic Technologists (NAAT) has issued a 14-day ultimatum to the federal government to address its outstanding demands. The union has warned that failure to respond positively by November 13 will lead to a nationwide protest and indefinite strike to press for […]
Ibukunoluwa Josephine Bankole
NIN-SIM linkage policy deadlines and extensions impact subscribers
Leading telecom company MTN Nigeria started a broad SIM card removal on July 29, 2024, due to incomplete or mismatched National Identification Numbers (NINs). The Nigerian Communications Commission (NCC) has mandated a more significant regulatory effort, including this move, to guarantee that every operational SIM card is linked to a current NIN. Initially planned for […]
Staff Writer
How Eco Tyre Solutions converts scrap Tyres into functional products
An innovative new business is making waves in Nigeria’s growing business world by turning environmental waste into valuable goods. This company, Eco Tyre Solutions, is taking on the critical task of getting rid of old tyres. Millions of tyres are thrown away every year, and because they don’t break down, they pose serious environmental risks […]
Olanrewaju Adeniyi
Jumia Nigeria offers discounts on its anniversary, partners with phone manufacturers
Jumia Nigeria, an e-commerce platform, has opened its anniversary sale with amazing offers and discounts on various products from leading brands like Xiaomi, Adidas, and itel. The campaign, scheduled to run from June 24 to July 14, offers discounts on various products, including electronics, mobile phones, household appliances, apparel, and cosmetics. Customers could take advantage […]
Felicia Akindurodoye
Affirm Buy Now, Pay Later to Join Apple Pay
Apple users will soon be able to use Affirm’s “buy now, pay later” loans to pay for things, the companies said Tuesday. The San Francisco-based fintech company Affirm said in a filing that U.S. Apple Pay users on iPhones and iPads will be able to use Affirm later this year. That’s what Apple said in […]
Modupeoluwa Olalere
Uber elevates Kenyan rides, launches Uber Comfort
The taxi industry is expected to significantly transform in the upcoming years due to shifting consumer tastes, technology developments, and new market demands. There are now luxury car names that offer taxi services worldwide, and Kenya is no exception. Uber Comfort is a premium trip service that offers users access to some of the newest […]
Modupeoluwa Olalere
Samsung Introduces Galaxy Ring for Healthier Tips
Samsung has unveiled the Galaxy Ring mobile device, its much-anticipated bright ring. The Galaxy S24 series was featured at Unpacked 2024, which preceded the reveal. The announcement highlights the Galaxy Ring and its potential to change how we see and manage our health. Samsung anticipates AI-powered mobile devices providing unprecedented health metrics. The organisation believes […]
Modupeoluwa Olalere
Nigeria imposes $10 billion fine on Binance
The Federal Government of Nigeria has escalated its crackdown on the crypto exchange platform Binance, demanding a staggering $10 billion in retribution. This move follows Binance’s settlement of $4.3 billion for criminal money laundering charges in the U.S. The government’s pursuit of retribution aims to salvage the nation’s local currency value amidst allegations of substantial […]
Ibukunoluwa Josephine Bankole
Nomfro tech unveils fourth edition of NTEEP for African startups
Nomfro Technologies, a leading provider of digital solutions for African businesses, has launched the fourth edition of its Entrepreneurship Empowerment Project (NTEEP), offering training, mentorship, and exposure to 500 startups The project is a comprehensive support program that aims to empower 500 African startups with the essential tools, skills, and connections they need to grow […]
Hauwa Ali Abdul
South Africa to unveil Conduct of Financial Institutions Bill, COFI
South Africa’s vibrant fintech sector is set to experience a significant transformation with the upcoming introduction of the Conduct of Financial Institutions (COFI) Bill. This pivotal legislation aims to streamline and unify the complex web of financial regulations into a cohesive industry standard, potentially reshaping the operational landscape for financial institutions across the board. Consolidating […]
Ibukunoluwa Josephine Bankole
Ghana SC venture empowers MSMEs with digital financial solutions
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, is launching SOLV Ghana, a business-to-business (B2B) online marketplace that offers micro, small, and medium enterprises (MSMEs), short-term invoicing financing, buy now pay later services, and business loans via a trusted marketplace of verified buyers and sellers. Empowering MSMEs in Ghana “At SOLV, our mission […]
Ibukunoluwa Josephine Bankole
PalmPay fortifies in-app security features amid rise in cyber fraud
PalmPay, a leading Fintech company, has bolstered its in-app safety features to shield users from the surge in fraudulent activities within the digital banking system. The increase in fraudulent incidents has particularly impacted the fintech ecosystem in Nigeria, with Mobile, Web, and Point of Sales (POS) terminals being prime targets for fraudsters in 2023. The […]
Ibukunoluwa Josephine Bankole
Egyptian fintech MoneyHash secures $4.5 million for payments services in Africa
MoneyHash, an Egyptian fintech startup, has recently secured a significant milestone by raising $4.5 million in seed funding. This injection of capital signals a vote of confidence in MoneyHash’s vision to transform the landscape of financial transactions across Africa. At its core, MoneyHash aims to facilitate payments in Africa through innovative fintech solutions, leveraging technology […]
Olumofe Temitayo
Battle of high-end robot vacuums
Choosing the right robot vacuum for your needs can be overwhelming, especially when comparing high-end models like the iRobot Roomba j7+ and the Roborock S7 MaxV Ultra. Both offer impressive features and boast intelligent navigation, powerful cleaning, and convenient self-emptying docks. However, some key differences might influence your decision. When tackling dirt, dust, and debris, […]
Olanrewaju Adeniyi