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The Best Kept Secret About Working Capital
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The Best Kept Secret About Working Capital

The importance of a healthy working capital cannot be over-emphasized. In this piece by Bank of America Merrill Lynch, BoFAML, there is a compelling theory that a well-integrated card programs offers working capital optimization benefits. Few doubt the cost savings to be made by moving away from paper to digital, but […]

Netflix Partners Spectranet To Install Server In Lagos
Big Business

Netflix Partners Spectranet To Install Server In Lagos

Netflix, the world’s leading Internet TV service and Spectranet, Nigeria’s leading 4G broadband service provider, today announced the deployment of one of the first dedicated Netflix server in Africa. This high capacity server will hold the entire Netflix content library, in Lagos, providing Spectranet’s customers with the best possible video […]

Naspers Sells Allegro For USD3.253 Billion
Tech

Naspers Sells Allegro For USD3.253 Billion

Naspers, the parent company of DSTV and majority owners of Konga, OLX and Wechat has announced that it has sold-off Poland-based Allegro Group for USD3.253 billion. In statement made available to PageOne Startup Desk, Naspers dsiclosed that it sold its 100% equity stake in Allegro to which includes both Allegro.pl and Ceneo.pl, to […]

Patrick Masambu Becomes DG Of The International Telecommunications Satellite Organization
Global

Patrick Masambu Becomes DG Of The International Telecommunications Satellite Organization

Patrick Masambu, a Uganda citizen and former chairman of the Council of the Commonwealth Telecommunications Organisation (CTO) has been elected director-general of the US-based International Telecommunications Satellite Organization (ITSO). Mr Masambu was the only Commonwealth candidate for the position. A former communications regulator for Uganda, he brings to the role […]

Spectranet Partners Netflix For Affordable On-Demand TV
Tech

Spectranet Partners Netflix For Affordable On-Demand TV

Spectranet has just announced that it is partnering with Netflix, the global on-demand Internet TV provider to provide fast and affordable Internet video entertainment to Spectranet’s customers across Nigeria. At a press conference in Lagos, David Venn, Chief Executive Officer at Spectranet Limited disclosed the plans to newsmen in Lagos. Netflix […]