The African voice for everything business.
The world is in uncharted territories. Everybody was caught unawares as the novel Coronavirus sneaked into the planet and disrupted the global economic structure, leaving world leaders confused and business giants struggling to survive. Now everyone is on their toes. Businesses are under pressure to shed staff strength while some […]
According to recent reports, Facebook has concluded a series of negotiations for the right to stream music videos, launching the social network into a medium dominated by YouTube. On Thursday, Facebook Chief Executive Officer, Mark Zuckerberg stated that the company is working to expand it’s video featured allowing creators to […]
South Africa-owned Retailer, Shoprite has faulted viral media reports that the company plans to shut down operations in Nigeria. Business Elites Africa (BEA) as well as many National newspapers earlier reported that the megastore may have been hit by the global economic mess occasioned by the novel Coronavirus – consequently […]
The world is in uncharted territories. Everybody was caught unawares as the novel Coronavirus sneaked into the planet and disrupted the global economic structure, leaving world leaders confused and business giants struggling to survive. Now everyone is on their toes. Businesses are under pressure to shed staff strength while some […]
The biggest supermarket chain in Nigeria, Shoprite Holdings Limited, is reportedly exiting the country. The South Africa-owned megastore plans to sell-off its outlets in Nigeria amid the coronavirus pandemic, reports said. Business Elites Africa (BEA) gathered that the economic disruption occasioned by the pandemic is the reason the company decided […]
The Central Bank of Nigeria (CBN) says the country’s foreign reserves crashed by $673.13 million from $36.57bn on June 1 to $35.89bn on July 28, 2020. The latest figure was contained in the CBN first-quarter economic report, titled ‘Gross official external reserves’. It said the gross external reserves fell in […]
The foreign exchange crisis in Nigeria that has stifled profitability for businesses, especially small scale enterprises, has worsened as the naira plunged further on Tuesday, July 28, 2020. As of today, Wednesday, July 29, $1 exchanges for ₦475 in the parallel market, from the ₦440 it did in June. Operators […]
According to recent reports, Facebook has concluded a series of negotiations for the right to stream music videos, launching the social network into a medium dominated by YouTube. On Thursday, Facebook Chief Executive Officer, Mark Zuckerberg stated that the company is working to expand it’s video featured allowing creators to […]
Since the debut edition of the hugely successful TV reality show, Big Brother Naija, it has garnered massive viewership and won the hearts of millions. It also amassed thousands of critics. When the fifth edition of the show hit the screens on Sunday, July 19, 2020, Nigerians were over joyous, […]
Big Brother Naija has become a phenomenal revenue generator in Nigeria, since its explosion in 2017 – 11 years after its debut in 2006. The reality show, in 2019, made N7.2 billion (an amount reached from data provided by BBNaija – 240 million votes and News Agency of Nigeria – […]
Being able to perform vital tasks at work is key to success but sometimes it can very difficult. In the worst case, you could feel like your literally getting nothing done at work. Working harder might seem like an obvious solution but often, there is a greater issue at play. […]
South Africa-owned Retailer, Shoprite has faulted viral media reports that the company plans to shut down operations in Nigeria. Business Elites Africa (BEA) as well as many National newspapers earlier reported that the megastore may have been hit by the global economic mess occasioned by the novel Coronavirus – consequently […]
A closer look at the daily lives of the world’s leading billionaires, such as Amazon’s Jeff Bezos – the richest man in the world, Microsoft Inc.’s Bill Gates, Facebook’s Mark Zuckerberg, CEO of Berkshire Hathaway – Warren Buffet and Tesla’s Elon Musk will reveal certain habits that prove that success […]
The world is in uncharted territories. Everybody was caught unawares as the novel Coronavirus sneaked into the planet and disrupted the global economic structure, leaving world leaders confused and business giants struggling to survive. Now everyone is on their toes. Businesses are under pressure to shed staff strength while some […]
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