Porsche Africa, Manfred Bräunl, CEO, Ferdinard Porsche

Porsche Africa gets new CEO

German automobile manufacturer, Porsche has made changes to the company's leadership in the Middle East and Africa, providing professionals who support the carmaker's operations across 20 countries. The change will take effect before the end of the first quarter of this year.
Avengers: Endgame

Marvel’s Avengers: Endgame beats Titanic’s $2.12bn box office record

In just a few weeks following its release, Marvel's highly-acclaimed  film, Avengers: Endgame, is said to have surpassed the 21-year-old record set by Titanic which...
Royal Dutch Shell Plc

Shell hits $6bn profit for Q1 2019, distributes $3.9bn dividends

Royal Dutch Shell Plc has released its Q1 2019 result. The official earning declaration shows the company made $6 billion profit.
$1 million up for anyone who can hack an iPhone

$1 million up for grabs for anyone who can hack an iPhone

Apple has a reward of $1 million for anyone who can successfully hack an iPhone or a Mac device.
Google made a whooping $4.7b from news content in 2018

Google made a whooping $4.7 billion from news content in 2018

Google reportedly earned as much as  $4.7 billion in 2018 from news contents comprising of the works of news publishers accessed by readers via search and Google News.
Masai Ujiri

Nigerian basketball executive Masai Ujiri brings victory to Toronto Raptors

From being an unpaid NBA scout to leading the Toronto Raptors to their historic NBA championship win in 17 years, Masai Ujiri (who is of Nigerian descent), has helped make history in far away North America. 
MultiChoice suspends sack of 2000 employees, MultiChoice to sack 2000 employees, MultiChoice, Naspers, Johannesburg Stock Exchange

MultiChoice gets listed on JSE and here’s why Naspers is not making money out...

MultiChoice hit a market capitalisation of 42 billion rand ($3.03 billion) after debuting on the Johannesburg Stock Exchange (JSE.
AXA Mansard, Liverpool, English Premier League, EPL, Insurance, Sponsorship, Corporate deals, Consolidation

AXA Mansard announces AXA, Liverpool global partnership

French multinational insurance firm, AXA, the parent company of Nigerian insurance firm, AXA Mansard, has signed a global partnership with English Premier League (EPL) club, Liverpool.
Naspers

Multinational company, Naspers, appoints first black female CEO

One of Africa's biggest and most valuable companies, Naspers, recently appointed a female Chief Executive Officer, the first in the history of the company.
Top women

The global beauty industry is making billionaires out of female entrepreneurs

Makeup and skincare products continue to rank among the most contemporary essentials used by women all over the world, as they continue to explore options that would help to enhance their skins and images. 
Shoprite

Shoprite optimistic amid worst first-half performance

Shoprite Holdings see some positives outcome despite recording its worst first-half performance in more than a decade.
Donald Trump-oil prices

Trump gives branding advice to Boeing as company struggles with public perception

The President of the United States of America, @realDonaldTrump, has advised American plane manufacturer, @Boeing, on how to overcome the current negative public perception regarding its airplanes.
Vodacom loses Yolanda Cuba to MTN, Financial Technology, Financial inclusion, Fintech companies in Nigeria, Telecoms mobile money service, MTN appoints Vodacom Yolanda Cuba

Vodacom loses Chief Strategist, Yolanda Cuba, to MTN, as Fintech war intensifies

The battle to lead financial technology market among telecommunications companies just got more intense after @Vodacom's big-shot, @Yolandacuba, left the company to join @MTNGroup. Cuba's exit came as a shock, as she's one of the top executives being tipped to takeover Vodacom Africa's top job in coming years.
Boeing new flaw discovered on 737 Max plane, Honeywell International Inc, Boeing 737 Max order, Boeing 737 Max 8, Ethiopian Airlines crash, Lion Air crash, Airbus, The New York Times, Boeing Pilots, Countries ban Boeing, Air Peace crash, Business News Nairametrics, Ethiopian Airlines and Lion Air crash

Crashes drag down orders for Boeing-737 MAX in Q1 2019

The orders for delivery of @Boeing 737 Max models is beginning to drop following the recent air mishaps that involved the plane model. The company recorded zero demand of the Max model in Q1 2019.
Canada

Canada admitted over 92,000 immigrants through Express Entry in 2018

Canada's immigration system keeps improving as the country admitted more than 92,000 new permanent residents through its Express Entry system in 2018.
Coca Cola HBC, Coca Cola HBC financial result, Coca Cola HBC first half result, Coca Cola franchiseNigerian Bottling Company Coca Cola NBC, Nairametrics, Eco-friendly bottles, climate change

Nigerian consumers dispel Coca Cola’s fears as growth hits $3.76 billion

Coca Cola HBC has released its earnings for the first half of 2019, reporting a growth of 3.8%. The growth in the company's net sales was driven by consumer demand within Nigeria, which is one of its revenue driver in Africa.
Nigerian National Petroleum Commission, Liquefied Petroleum Gas

NNPC and Aiteo deny NTCL pipeline suffered explosion

The Nigeria National Petroleum Corporation (NNPC) has refuted claims of a pipeline explosion in the Nembe community in Bayelsa state. The corporation said they have...
Apple Macbook Pro

U.S. Airline regulators ban Apple laptops on flights

Air passengers can no longer board flights with selected MacBook Pro Laptops in the United States due to a recent ban by the U.S. Federal Aviation Administration (FAA).
Pilots Sue Boeing, 400 Pilot X sue Boeing for 737 Max crash, MCAS, American Airlines, Air Peace, Boeing's MCAS system, Boeing suspends forecast, Boeing miss earnings projection, Boeing first quarter revenue earnings, Ethiopian Airlines B737-Max8 aircraft crash, Air Peace, Allen Onyema, Federal Government, Boeing global ban, FAA investigation into Boeing

Air Peace’s 737 Max order blocked by politics as Boeing struggles to get certification

Nigeria's airline operator, @flyairpeace is currently caught in the web of global politics while trying to expand its fleet. Just like its contemporaries in the aviation industry, the company ordered for @Boeing 737 Max before the Lion Air and Ethiopian Airlines deadly crashes, but four months in, the Max model is still not certified air worthy, and it's all down to politics.
Sahara Energy and UBA battle over N15 billion power loan

Angola’s oil money lures Sahara Group

The Executive Director of @iamsaharagroup, Wale Ajibade, has disclosed that there are opportunities to be exploited in Angola's oil and gas industry as the country's transformative policies are luring international private firms.
MTN Nigeria, MTN gets CBN licence

MTN, Ugandan Government clash over licence renewal fee

The licence fee offered by the Uganda Communications Commission to MTN Uganda has been called into question, after the country's network regulator charged the telecom company higher than the licence fee recommended by Uganda's cabinet.
Bharti Airtel, Telkom Kenya, Safaricom, Telecoms, Consolidation, Regulatory approval

Airtel, Telkom consolidate to battle Kenya’s largest telecoms company

To compete better against the dominance of telecommunications company, Safaricom, in Kenya, the local unit of Bharti Airtel Limited has entered into a consolidation agreement with Telkom Kenya Ltd, which is owned by Helios Investment Partners LLP.
Libra

Facebook sues company for selling ‘fake likes and followers’ to people

Online social media and networking service, Facebook, is suing a company and three individuals in Zealand for allegedly selling fake likes, views, and followers to users of its photo-sharing platform, Instagram.
capital importation, Business, tax incentive, Nigeria

Alert: Nigeria ranks 114th in 2019 Global Innovation Ranking

Africa's biggest economy, Nigeria, has been ranked 114th as one of the lowest in the 2019 global innovation ranking. This is revealed in the 12th edition of the Global Innovation Index just released.
IMF raises Nigeria’s growth forecast, Globat trade tension, US-China trade war, International Monetary Fund IMF, IMF, Christine Lagarde resigns

IMF hunts for a new Chief, as Christine Lagarde steps down

The International Monetary Fund (IMF) is hunting for a new chief following the resignation of its Managing Director (MD), Christine Lagarde.
US economy, US Government Shutdown

United States loses $11 billion to shutdown

The five-week partial shutdown of the United States government has cost the North-American country $11 billion, a report by the country's Congressional Budget Office disclosed on Monday.
OPEC Cut: Nigeria defies Quota, increases crude oil production

OPEC Cuts: Nigeria defies quota, increases crude production

Nigeria has defaulted in the agreement reached by the Organization Petroleum Exporting Country (OPEC) to cut crude oil production.
MacKenzie Bezos is set to get her bumper divorce settlement

MacKenzie Bezos is set to get her bumper divorce settlement

Mackenzie Bezos is on her to becoming the third richest woman in the world as the the transfer of Amazon stock to her is expected to happen this week.
Boeing partners with Kitty Hawk to develop a flying taxi

Boeing partners with Kitty Hawk to develop a flying taxi

With motorbike, tricycles, and vehicles out of the way, the next transportation you will be hailing or booking through an app would be flying taxi. @Boeing has announced plans to collaborate with @kittyhawkcorp to make this happen.
The Gambia removes Yahya Jammeh's image from bank notes, The Gambia President Adama Barrow, The Gambia election, The Gambia old currency

The Gambia removes former President’s image from its currency

The Gambia (@Presidency_GMB) has wiped off the portrait of its former President, Yahya Jammeh, from its currency three years after he lost the country's intense general election to Adama Barrow.

Popular

International Breweries beer war

Beer Wars: International Breweries takes number 2 market share from Guinness Plc

Comparative data from the financial statements of three of the largest beer makers in the country suggest that Guinness Nigeria Plc has lost its place as the second-largest brewery by revenues to International Breweries.
FBI Obinwanne Okeke

FBI arrests Invictus Group’s Obinwanne Okeke, Forbes Africa 30 Under 30 list nominee

The Chief Executive Officer of Invictus Group, Obinwanne Okeke, who in 2016 made it into Forbes Africa’s 30 Under 30 List, has been arrested by the Federal Bureau of Investigation (FBI) for conspiracy to commit computer fraud. 
EFCC mounts up investigations on FIRS staff accounts over N1.2bn fraud

EFCC resumes investigation of FIRS officials over more than N1.2 billion fraud

The EFCC has resumed investigations on the members of staff of the FIRS over the N1.2bn duty tour allowance (DTA) fraud.