Big Business

Konga Now Delivers Same Day in Lagos
Big Business Tech

Konga Now Delivers Same Day in Lagos

*Rebrands K-Express to KOS ‘Keep on Shipping’ To ramp up its operations against competition, Konga, a leading eCommerce company in Nigeria, has decided to fulfill all orders from Lagos, South West Nigeria, on the same day. To make this possible, Konga has done two things. It has rebranded its delivery […]

Ringier and Silvertree Acquires DealDey
Big Business Tech

Ringier and Silvertree Acquires DealDey

For an undisclosed amount, Ringier and Silvertree are reported to have acquired DealDey, an online shopping and daily deals site. According to people with the knowledge of the matter, they will be using the opportunity to enter the eCommerce market. In 2011, DealDey was launched in Nigeria and perhaps mimicking the […]

Richard Nyong, Lekki Gardens’ Boss, Gets Bail
Big Business

Richard Nyong, Lekki Gardens’ Boss, Gets Bail

Lagos state Magistrate Court sitting in Ebute Metta, Lagos, has granted bail to the embattled managing director of Lekki Gardens, Richard Nyong. Nyong alongside Taiwo Odofin, a contractor to Lekki Gardens, were arraigned by the Lagos state government following the collapse of one of their buildings in Lekki, which led […]

2016 Budget: What You Need to Know
Big Business

2016 Budget: What You Need to Know

*Senate kept crude oil benchmark at $38 per barrel *Exchange rate pegged at 197 Naira to 1 USD, GDP targeted at 2.14% As Nigerians breathe a sigh of relief after the passing of the 2016 appropriation bill otherwise known as the budget; there are key technical details that needs proper explanation for […]