Business News

PayU moves to connect businesses to N200bn online payment market

June 5, 2017/PayU PayU (www.PayU.com.ng) has rolled out strategies to intensify efforts to connect businesses to Nigeria’s online payment market. Annual online payments in Nigeria is estimated to surpass N200 billion this year from N167 billion in 2016. Country Manager of PayU Nigeria, Ms Juliet Nwanguma,  says, “In order to […]

NIPCO Gets SEC’s Approval to Buy-out Mobil Shareholders

Culled—Proshare Monday, June 05, 2017  1.34PM / Thisday Following the successful acquisition of 60 per cent equity stake of Mobil Oil Nigeria Plc by Nipco Investment Limited (NIL) from ExxonMobil Oil Corporation, the company has applied to regulators to acquire additional shares from minority shareholders. The financial transaction, which is […]

iflix Extends Global Footprint to 23 Territories with iflix Africa

June 2, 2017/iflix iflix (www.iflix.com), the world’s leading Subscription Video on Demand (SVoD) service for emerging markets, today announced the establishment of iflix Africa to bring its world class service to sub-Saharan Africa (SSA). iflix Africa will be headquartered in Cape Town, South Africa and trade commercially as ‘iflix’. With launches […]