PAL Pensions Celebrates 20 Years with Over N1 Trillion in Assets Under Management
PAL Pensions, one of Nigeria’s leading Pension Fund Administrators (PFAs), is celebrating a major milestone: 20 years of operations and over N1 trillion in assets under management (AUM).
Winich Farms Secures Six-Figure Extension Round from DisrupTech Ventures to Scale Embedded Finance and Fulfillment Centers
Winich Farms, a Nigerian agritech startup revolutionising the farm-to-market supply chain, has closed a six-figure dollar extension round with participation from DisrupTech Ventures, a Middle East-based venture capital firm making its first-ever investment in Sub-Saharan Africa.
Baillie Gifford Exits Jumia, Selling Entire Stake After Six Years
Jumia Technologies AG has officially lost its largest institutional investor, Baillie Gifford, which has sold 100% of its shares, marking the end of a six-year investment in the African e-commerce platform. This follows previous exits by major backers like Rocket Internet and MTN Group.
Schneider Electric appoints Canninah Dladla as the first female Cluster President for English-speaking Africa, enhancing leadership in sustainable energy solutions
Schneider Electric has named Canninah Dladla as the new Cluster President for English-speaking Africa, with her appointment taking effect on 1 June 2025. This milestone marks the first time a woman will lead the region for the company. Dladla will take over from Devan Pillay, who has focused on advancing digital transformation and sustainable energy […]
LinkedIn Launches BrandLink, Its First Creator Revenue-Sharing Program
LinkedIn Introduces a new method for creators to make money.
CSCS Teams Up with MTN Nigeria to Launch USSD Service for Capital Market Access
The Central Securities Clearing System (CSCS) has partnered with MTN Nigeria to roll out a USSD-based service aimed at improving access to capital market information for investors across the country. According to a report by Punch Newspaper, the new service allows MTN subscribers to instantly retrieve key investment details—such as portfolio updates and asset values—directly […]
DUOLINGO SET TO REPLACE SOME WORKERS WITH AI, CEO REVEALS
Language-learning platform Duolingo has announced a significant shift in its workforce strategy, revealing plans to replace many of its contract workers with artificial intelligence (AI). In a company-wide memo shared earlier this week, CEO and co-founder Luis von Ahn reaffirmed Duolingo’s commitment to becoming an “AI-first” organisation. He emphasised the need to rethink workflows entirely, […]
itel Power70: Nigeria’s First 10,000mAh Smartphone Redefines Battery Life
A Game-Changer for Nigerian Smartphone Users itel has shaken up the Nigerian smartphone market with the launch of the itel Power70, the industry’s first 10,000mAh battery smartphone. Nigerians are rushing to grab this device, thanks to its massive battery capacity, sleek design, and unbeatable affordability. 10,000mAh Mega Battery: Say Goodbye to Frequent Charging A major […]
A Strategic Guide to Differentiation in Africa’s Chaotic Markets
In today’s fragmented business environment, visibility is no longer enough; clarity has become the new competitive edge. That’s the central argument in How To Stand Out In a Noisy Industry, the latest work by Nigerian entrepreneur Fatai Folorunsho. More than a commentary on market saturation, the book delivers a grounded, experience-driven blueprint for building enduring […]
Gold Prices on a Rampage: Surges for 7th Consecutive Week Amid Global Uncertainty
Gold Rally: Market Update Gold is on track for its seventh straight weekly gain, reaching $2,927.50 per ounce, just shy of the record $2,942.68 set earlier this week. The precious metal has surged in response to economic uncertainties, trade war concerns, inflation fears, and increasing central bank purchases. Why is Gold Rallying? Safe-Haven Demand Soars: […]
