Category: Press

Finally! Ringier Africa Group Acquired DealDey

After so many months of financial constraints faced by DealDey one of the major player in the e-commerce industry in Nigeria, the company has finally being bought by Ringier Africa. According to TechCrunch The African subsidiary of Swiss media and e-commerce company Ringier acquired Nigerian online shopping startup DealDey for an undisclosed amount. Ringier Africa

Travelstart Raises $US40 Million To Capture Africa’s Fast Growing Multibillion Dollar Online Travel Market

“Travelstart secures strategic partnership with MTN, Africa’s largest mobile operator” Travelstart, the leading Internet travel booking company in Africa, announced today an investment of US$40M led by Amadeus Capital Partners (London). With the new funding comes a strategic partnership with Nigeria’s largest mobile telecommunications provider MTN which has a subscriber base of more than 40

Economic Downturn in Nigeria – Reason for Massive Retrenchments at Private Organizations

It’s glaring that Nigerian economy is currently not stable with massive retrenchments witnessed at different organizations in the country. I think it is high time our government paid close attention to the economy, it is understood that we need to tackle corruption to enhance a sustainable growth but not at the detriment of an ailing economy. There