Featured Posts

Google Breaks Kenyan Transportation System

From today, every Nairobi resident and guests of the city can plan their route with Google Maps when using public transport. Working in collaboration with Digital Matatus, we have made bus & matatus (minibuses/ minivans used as public transport) routes ...

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Africa Finance Corporation Receives US$50M from Islamic Development Bank

Africa Finance Corporation (AFC) is pleased to announce its acceptance of a US$50 million 15 year line of financing, with a 13 year six month repayment period, from the Islamic Development Bank (IDB).   The funds will be used to finance projects located ...

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How Fast Is Your ISP? Play This Game In Lagos

Visit FastOrNot, a website that helps you compare ISP performance in your neighborhood with data aggregation and analysis. You can easily test the speed of your ISP in Lagos region and beyond. It is a product of the Co-Creation Hub.   FastOrNot is ...

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South Africa's Click n Compare Arrives Nigeria

CNC Group (CNC), parent company of Click n Compare , the South African-focused comparison website is expanding their African footprint after a very successful year with a strong month on month growth of 40%. Alongside the South African success of ...

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Nigerian Banks Facing The Toughest Challenge In Decades With Buhari's TSA Directive

Banks in Nigeria are in trouble. In short, the executives of banks should be worried. Most banks in Nigeria depend on governments and traders to make money. They largely do not contribute anything except interest payments and fees as few ...

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“Global mobile video traffic will account for more than 60% of global mobile data traffic by 2016. The global mobile video market will increase at a CAGR of 28% with revenues reaching $22.5 billion by 2016″, notes a new report from Visiongain.   29% of smartphones users access mobile video services. Visiongain expects that by 2016 at least 40% of smartphone customers will use mobile video. In addition, upcoming LTE technology will allow for significantly […]


Nigeria’s economy has been projected to be Africa’s biggest economy by 2018, overtaking South Africa in the process. Head of Research Africa, Standard Chartered Bank, Mrs Razia Khan, stated this at the Africa Summit organised by the bank in Lagos, with the theme, “Africa in the Super-Cycle”.   In her words, “assuming normal GDP growth rates in line with post crisis trend, our simulation suggests Nigeria overtakes South Africa GDP size by 2018. Our own […]

Jonathan Goodluck

President Goodluck Jonathan will depart Abuja for Perth, Australia, on Sunday, October 23, 2011, to participate in the Commonwealth Heads of Government Meeting, CHOGM-2011.   Special Adviser to the President on Media and Publicity, Dr Reuben Abati, prior to the commencement of CHOGM-2011, President Jonathan will be a guest of the Australian Government, during which he will hold bilateral talks with Hon. (Ms) Julia Gillard, Prime Minister of Australia, attend a dinner with top Australian […]


Neimeth International Pharmaceuticals Plc with Meristem Securities as the Issuing House, has commenced the execution of the rights issue of 821,576,716 ordinary shares of 50 kobo each at N1.50 kobo per share. The acceptance list opened on Tuesday, October 4, 2011 and will close on Thursday November 10, 2011.   According to the statement from the company “The injection of fresh capital into the business will portend greater harvest for all shareholders. On successful completion […]


Three Mutual Funds being managed by UBA Asset Management Limited posted appreciable returns to unit holders at the end of the year ended March 31, 2011, according to the fund managers.     The United Bank of Africa Plc (UBA) mutual funds comprised of UBA Balanced Fund, UBA Money Market Fund, UBA Bond Fund and UBA Equity Fund.   Specifically, unit holders present at the 4th Annual General Meeting (AGM) of the UBA Mutual Funds […]


It’s time for October Developers Parapo Folks  and this time, CcHUB invites you to a fun evening for Nigerian mobile application developers and tech entrepreneurs to explore VALUE ADDED MESSAGING with VANSO. Value Added Network Solutions (VANSO) is a market-leading provider of next-generation wireless messaging infrastructure and software solutions. Its unique platform and accompanying tools ease the process of creating wireless applications for businesses, telecommunications carriers, and software developers. The VANSO Wireless Messaging Network currently […]


EvaluNet is an education software developer; it creates simple educational software products that solve real problems that South African teachers and children face daily. EvaluNet is a super cool education software developer. They create simple, exceptional and useful educational software for teachers and students.  This is how they described themselves:   Our core business is educational software. We create simple solutions to meet the common needs of teachers and children in South Africa. Quality, reliability […]

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