BUSINESS

Tony Elumelu: In Africa, the Best ‘Charity’ is Aid for Business

The traditional approach to solving Africa’s problems through aid has created a cycle of dependency. A better approach is to use donor subsidies to fund private, for-profit ventures. Those ventures create systemic and sustainable change in the community. The traditional

Paga Announces Fee Free Transactions & Exciting New Features

One of Paga’s goals is to make it more convenient to access cash anywhere and at anytime. The organization has now announced four changes to user’s Paga experience, to get closer to the goal of ultimate convenience. ‘Paga to Paga’

Classifying Your Financial Assets

By Jude Fejokwu There are three main asset categories: Cash and cash equivalents Bonds (income investments) Stocks (equity investments) Each of these categories has risk associated with it. Generally, the more risk you assume, the higher the return should be.

Walmart Is Number One; Apple, 6th, on New Fortune 500 List

Walmart is the biggest organization in the world — by revenue, according to the new Fortune 500 list. Walmart made $469.2 billion in the last fiscal year, leading all the organizations in the world, including Exxon Mobil, which made $449.9

Heritage Bank Deploys Finacle, a Core Banking Software

Heritage Bank has announced its deployment of Finacle, a core banking software package developed by Infosys. The software would be useful for retail banking operations, and other verticals in that area of banking. It released a statement over the weekend

Youth Empowerment and ICT Foundation holds Social Media Awareness conference

Youth Empowerment and ICT Foundation held a conference on “Social Media Awareness: the Good, the Bad and the Opportunities.” The event took place at the Civic Center on the 3rd of May, and was ‘’coordinated’’ (as Jim Ovia put it)

The Story behind Workers’ Day

Two dollars total. Mary bent over the coins again, wiping her slim hands on her worn apron before she started. She had to make sure. This was the third time she was counting today, so she already knew how much

Momentum Behind Region’s Leading Tech Event Illustrates Industry Growth and Progress

Mobile Web West Africa 2013, the region’s leading mobile focused conference, has almost hit full capacity over a week before the event is due to be held. The event takes place from May 7th through 10th at the Four Points

Youth Enterprise Exhibition “YEEX Lagos 2013”

3Wise Magazine, School of Media and Communication of Pan African University, Office of Limited Partnerships of Lagos State Ministry of Justice and the US-Nigeria Trade Council presents a a 3-day youth enterprise exhibition YEEX Lagos 2013. Date: May 16 –

Learning from Founders: Naija Style

By Tolu Agunbiade I spend an unhealthy amount of my time reading about technology and startups; it’s no wonder that I am fascinated with the minds behind them – the founders. Startup founders, the successful and not so successful ones

Is Your Company’s Culture Helping or Hurting its Future?

LEAP Africa warmly invites you to its 8th CEO’s Forum, this year, LEAP will be hosting an in-depth discussion on Corporate Culture, exploring its linkages with strategy, leadership and innovation, and how it can influence the sustainability of a company.

The 3 Key Ingredients for Sustaining Africa’s Growth

Here is an article by renowned businessman Tony Elumelu, which appeared as a guest post on the Financial Times’ beyondBRICs website . In it, he outlines three main requirements for creating and sustaining economic growth in Africa. Enjoy this insightful

Globacom Signs $750 Million Deal with Huawei

Nigeria’s second largest Telecommunication network, Globacom, has entered a deal with Huawei for upgrades, installation and improved service quality – for its network, as it looks to grow subscribers and increase average revenue per user. The deal comes as the

The Entrepreneurs Chronicles: The Art of Delegation

Success is all about teamwork and delegation is without a doubt a requirement for success. Delegation of authority is a process whereby the authority and powers are divided and shared amongst the subordinates. Delegation means the assignment of certain responsibilities

First Bank Nigeria Acquires Ghana’s International Commercial Bank

First Bank Nigeria (FBN), one of the top lenders in Nigeria, has acquired Ghana’s International Commercial Bank (ICB). ICB was established in Ghana in 1996, and provides banking and financial services for small and medium scale enterprises. The acquisition was

MWWA 2013: Taking the Monetisation and Content Creation Dialogue to the Next Level

Mobile Web West Africa, the West African edition of the most progressive and interactive mobile focused events in Sub-Saharan Africa, is primed to once again be the leading mobile focused conference in the region this year. Dates: Mobile Marketing West

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