Guinness Nigeria Grows Revenue to N72bn in Six Months

Posted by - February 15, 2021

Guinness Nigeria Grows Revenue to N72bn in Six Months one of the leading beverage and alcohol companies in Nigeria and a subsidiary of Diageo Plc, has reported a growth of N72.351 billion for the half year ended December 31, 2020, showing an increase of 5.9 per cent compared with N68.327 billion in the corresponding of

LG announces 2020 Financial Results

Posted by - February 1, 2021

While other businesses may have seen a decline in revenue and profits due to the pandemic which saw many businesses struggle to keep the lights on, South Korean multinational electronics company LG recently announced its 2020 financial results, indicating growth with 2020 revenues and profits. The world-renowned tech giant has seen a financial spike in

FIRS generated N4.9tr in 2020, 98% tax target

Posted by - January 20, 2021

Despite the scorching economic climate of last year, the Federal Inland Revenue Service (FIRS) recently disclosed that it collected N4. 95trillion total tax revenue. The feat represented approximately 98 per cent of the national tax target of N5.076 trillion set for the FIRS by the Federal Government. This was disclosed by its Executive Chairman, Mr.

CFOs Urged to Redefine Roles to Match COVID-19

Posted by - January 15, 2021

As organisations enter recovery phase in the wake of COVID-19, experts have said new challenges and realities would need to be approached with technology at the center. According to Chief Finance Officer (CFO) for Middle East Africa Emerging Markets at Microsoft, the setbacks experienced as a result of the pandemic have been unlike any seen

Prudential Life, Vodafone, others partner to launch mobile insurance plan for Ghanaians

Posted by - December 14, 2020

Prudential Life Insurance Ghana,a leading life insurer has teamed with Enterprise Life Insurance Ghana to be co-underwriters for SafeNet, an innovative new mobile insurance product. Vodafone, Ghana’s second largest mobile network operator, is using a platform developed by MicroEnsure, a part of the Micro Insurance Company to distribute SafeNet to Vodafone subscribers in Ghana. The

World Bank approves $60m grant for Ghana, others

Posted by - December 11, 2020

The World Bank Board of Directors recently approved a $60 million International Development Association (IDA) grant to help Ghana and some other African countries strengthen the resilience of their agricultural sectors to the threat posed by climate change. The grant fulfils the World Bank’s commitment at the 2019 United Nations Climate Summit to increase its

Embracing a remote, video-driven business environment

Posted by - November 11, 2020

The disruption companies across Africa have experienced due to the pandemic has been significant. On the one hand, employee safety had to be prioritised by enabling them to work from home. And on the other, business operations had to continue as effectively as possible despite the challenging circumstances. It is in this environment where video

Businesses across Africa to get $3m Grants from Google,says Juliet Ehimuan

Posted by - September 16, 2020

Google has announced new initiatives to support African businesses with grants, Nigeria inclusive. Google Nigeria Country Director, Juliet Ehimuan, who announced the initiatives during the virtual Google Economic Recovery Roundtable, held, recently, said to provide assistance to vulnerable populations, has set aside $3 million in grants to nonprofits that support education, entrepreneurship and women