It’s a “beerful” 2018 as Nigerian Breweries haul N324 billion monster earnings

Nigerian Breweries Plc has announced a profit after tax of N19.4 billion for the 2018 Financial Year. According to the audited financial results released to The Nigerian Stock Exchange, the Company also made a Revenue of N324.4 billion during the period. The statement further stated that the Board of Directors will be recommending to the […]

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Source:: Brandish

Renmoney Launches Loan Product for MSMEs

Renmoney, a leading fintech lending company in Nigeria, recently announced the launch of a new solution for self-employed individuals, business men and business women. The new product allows this market segment to access credit of up to ₦4million either via Renmoney‘s website, (, contact centre, agent network or branches.

Since inception, Renmoney focused on the employed market and has learnt a lot from this segment and used this to refine their score cards and algorithms to ensure the company continues to make responsible lending decisions.

Oluwatobi Boshoro, Renmoney’s CEO, said “we’ve always been aware of the need to solve credit challenges for another equally important segment – the self-employed, the business man, the business woman. She added that “we have tested and iterated this product extensively for almost 6 months, reviewed over 30,000 applications and issued over 6,000 loans in the process. We’re convinced this product will go a long way in making financial inclusion meaningful for these micro business owners and impactfully contribute to Nigeria’s goal of a post-oil, diversified economy”

Renmoney continues to be a key player in the fintech space, focused on solving complex credit challenges and driving impactful financial inclusion for individuals in …read more

Source:: MediaCraft

4 Reason Why You Should Watch The 2019 NBA All-Star Game

The 2019 NBA All-Star Game will be the 68th edition of an exhibition basketball game played on February 17, 2019. The game will be played at the Spectrum Center in Charlotte, North Carolina, home of NBA team Charlotte Hornets. The 2019 NBA All-Star game will be hot because most of the players are currently playing at the highest level. To get you fired up and ready for the game, we have decided to give you 4 reasons why you must watch this year NBA All-Star game.

Celebrity All-Star Game: The NBA All-Star Celebrity Game will bring together celebrities from different fields to take part of the All-Star weekend. This year’s All-Star game has musicians such such Quavo, movie stars such as Terrence J, American Football stars and other celebrities. The celebrity all-star game will hold on Friday, February 15 at the Bojangles’ Coliseum Charlotte, North Carolina.

The Captains: For the first time in a very long time Steph Curry will not be a Captain. This year, Lebron James will be the captain of Team Lebron, while Nigerian descent Giannis Antetokounmpo. will lead Team Giannis.

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Source:: Idafrica

Mastercard Love Index shows more Africa and Middle East shoppers plan ahead for Valentine’s Day

The annual Mastercard Love Index indicates that spenders in Africa and the Middle East are willing to dig deeper into their pockets to make their partners happy and that they are going online to do it: there has been a 107% increase in the number of e-commerce transactions between 2016 and 2018.

The Index, which is created by analyzing credit, debit and prepaid card transactions over a three-year period (11th-14th February 2016-18) has revealed that whilst sentimental spending has increased globally by 3% since 2016, in MEA, this has increased by 10% with the overall number of transactions up by 20%.

For shoppers in Africa and the Middle East, planning ahead is more their style as majority of the purchases take place three days earlier (February 11th), this is however not the same globally as data showed a significant return to last-minute shopping with the majority of Valentine’s Day purchases taking place on the day itself (February 14th) in 2018.

Though global data shows that shoppers may no longer be plumping for traditional, standard gifts, this is not entirely true for Africa and the Middle East Valentine’s Day spenders. There was a small increase of 7% spent on roses and floral gifts …read more

Source:: MediaCraft

How Facebook Is Preparing for Elections in Africa

With a number of upcoming elections across Africa, Facebook has decided to share with the continent how they plan to tackle misinformation and fake news in Africa. You will be living under the rocks if you don’t know that in few days Nigerians will be exercising their civic duties by electing candidates into various political offices. I hope you are ready because I am.

Ok, now back to the Facebook story. We all know the negative impact of Fake News, and how these fake stories can cause havoc and start a revolution. Well, it seems that Facebook is taking giant steps in curbing the inflow of misinformation and outright fake news.

According to Akua Gyekye, Facebook Public Policy Manager, Africa Elections, “Facebook has dedicated unprecedented resources to these efforts globally — and our work across Africa is focused on eight key areas”. The core areas are:

Fighting False News

Facebook wants to stop the spread of false news on its platforms. That’s why they have teamed up with local third-party fact-checkers across South Africa, Nigeria, Kenya, Cameroon and Senegal — including Africa Check (Africa’s first independent fact-checking organization), AFP (Agence France-Presse …read more

Source:: Idafrica

“Magic Hour”, 9 Mobile’s promo aims to bring happiness to many people

Hey, the season of love and joy is in the air again. Loads of love, gifts, goodies to share. And, in its innovative way of doing things, 9mobile is creating memorable moments, kind of keepsake for its customers. Beginning from Monday, February 11, 2019, the telco is celebrating and rewarding its loyal customers across Nigeria […]

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Source:: Brandish

How To Be A Part Of The First-Ever Health Designathon in Nigeria

To stem the rise of HIV among young people, the 4 Youth by Youth (4YBY) team led by Nigerian Institute of Medical Research (NIMR), Saint Louis University (SLU), New York University (NYU), University of North Carolina, Chapel-Hill (UNC) and ID Africa with funding from the Eunice Shriver National Institutes of Child Health and Human Development, is organizing the first-ever HIV self-testing Designathon contest in Nigeria. 4 Youth by Youth advocates for the rights of young people to have a say with their own health and it is through this partnership and opportunities for dialogue that we can tackle issues such as low HIV testing which affects young people’s lives.

The Designathon is a 48-hour event in which young people from all over Nigeria will come together to collaborate, brainstorm, design, and communicate solutions to a social and health issue. This Designathon is dedicated to developing new services or products that can promote self-testing for HIV and other sexually transmitted diseases (STDs). The event will offer participants the opportunity to learn, design and collaborate with industry leaders, experts, healthcare professionals, young people, regardless of technical experience. To be a part of this movement, here are the steps you can take to participate:

MATE+,a measurement and evaluation training program launched

Fast rising Independent measurement and evaluation agency, P+ Measurement Services, has launched a measurement and evaluation training program, MATE+ to train young and mid-level marketing and communications professionals in Nigeria. Measure|Analyze|Train|Evaluate + (MATE+), is designed to help close the knowledge and experience gap in media measurement and evaluation, by granting trainees access to classroom styled training, that builds their capacity in […]

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Source:: Brandish

How Much Do You Know About “The Black History Month”

Black History Month, is an annual event in Canada, Ireland, the Netherlands, the United Kingdom, and the United States. It started as a way of remembering prominent people and events in the history of the African. It is celebrated annually in the United States and Canada in February, as well as in the United Kingdom, the Netherlands and Republic of Ireland in October. In commemoration of the Black History Month 2019, we encourage you to test your knowledge of black history.

The post How Much Do You Know About “The Black History Month” appeared first on ID Africa.

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Source:: Idafrica