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Stripe, Visa Join $8 Million Series A Round in African Payments Startup Paystack

  Paystack, a Nigeria-based startup providing payments tools to businesses in Africa, has raised $8 million in Series A funding. The round was led by Stripe, and includes Visa, follow-on funding from Tencent and Y Combinator, as well as angel investors Tom Stafford (Managing Partner at DST Global), Gbenga Oyebode (founding partner of Aluko & Oyebode and Board member of …

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Visa Partners Lagos State Employment Trust Fund to Digitize Payments for MSMEs

As part of its efforts to educate and enable Nigerians to reduce their reliance on cash, Visa, the global leader in payments, today announced the launch of the Cashless Lagos Hackathon in partnership with Lagos Innovates, an initiative of the Lagos State Employment Trust Fund (LSETF). The three-day event, which is scheduled to hold from 14 September until 16 September, …

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Nimbus Media Kicks Off Nominate A Charity Contest

Nimbus Media Limited, an out of home media and advertising company is set to organize the 2018 edition of its flagship CSR initiative;  The “Nominate A Charity” contest.  The Nimbus ‘Nominate A Charity’ initiative is geared towards giving visibility to charity organizations that are supporting laudable causes in Nigeria and the contest has grown bigger and bigger over the years. …

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UBA Appoints Four New Board Members

The Board of Directors of the United Bank for Africa is pleased to announce the appointment of four new members to its board, subject to the approval of the Central Bank of Nigeria(CBN). The new board members are Mrs. Erelu Angela Adebayo, Ms. Angela Aneke, Alhaji Abdulqadir Jeli Bello and Mr. Isaac Olukayode Fasola. These appointments follow the retirement of …

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MTN mPulse, A New Proposition for Tweens and Teens In Nigeria

MTN mPulse, the latest innovation from the leading ICT company, MTN Nigeria, made its debut today, Thursday 23rd August at the Landmark Events Centre, Victoria Island, Lagos. The proposition designed for tweens and teens (ages 9-15) will enable them learn and gain useful skills while having fun. For the elaborate launch, MTN transformed the venue into an impressive wonderland tagged …

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British Airways Celebrates Award For World-Class Family Travel As 150,000 Customers Use Airline’s Dedicated Family Zone

British Airways is celebrating being named Best Family Friendly Airline* by toy company “Play Like Mum”. It compared 20 international airlines, looking at how easy they make the travel experience for families. As well as sitting families together for free, British Airways was praised for offering families pre-boarding, giving children their own free checked luggage allowance, plus a free allowance …

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Brand Communicator Set To Host Women In Marketing & Communications Conference/Awards

Brand Communicator, foremost Brands and Marketing publication has concluded plans to host the 2nd edition of Women in Marketing & Communications Conference/Awards (WIMCA) at Muson Centre, Onikan, Lagos on 31st August 2018. WIMCA is the foremost thought leadership platform for insights and contemporary trends in engaging female consumers and at the same time recognizing outstanding women and corporate organization for …

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MTN Nigeria Signs N200 Billion Medium Term Loan Facility

MTN Nigeria signed a seven-year medium term loan facility with a consortium of twelve (12) Nigerian banks for the sum of N200 billion at the law offices of Aluko and Oyebode, Ikoyi, Lagos. Founding partner and Chairman, Management Board of Aluko & Oyebode, Gbenga Oyebode who represented MTN Chairman, Pascal Dozie, stated that MTN has been operating in Nigeria for …

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4th Annual Tony Elumelu Foundation Entrepreneurship Forum Announced for 25th October 2018

  Africa’s leading entrepreneurship-focused philanthropic organisation, the Tony Elumelu Foundation (TEF), has announced October 25, 2018, as the date for its 4thannual TEF Entrepreneurship Forum. The largest gathering of African entrepreneurs and the broader entrepreneurship ecosystem will unite over 5,000 entrepreneurs, global investors, leaders from the African public and private sectors and developmental organisations at the Federal Palace Hotel, Lagos. …

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