IROKO, a Nigeria-based media company, plans to go public in the next 12 months on the London Stock Exchange (LSE), a move which is less about raising money and more about improving its brand position. Jason Njoku, IROKO’s co-founder and CEO recently said that the company is looking to raise between $20 million and $30 […]
Two years after getting an injunction to stop DStv from increasing prices, Nigeria’s Consumer Protection Council is investigating MultiChoice again to stop price increases driven by 12% inflation and a devalued Naira.
for many Nigerians, it’s okay to buy discs containing films and music, the hard copy of books and newspapers but weird to exchange money for a digital copy that’ll live on their phone or some virtual account.
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Nascent startups getting introduced too early to competition will feel strained, but the right attitude and a consolidation of strategy can have those businesses leveraging on their heavyweight rivals.
Canal+ and Irokotv reckon they can reach a whole new audience to the 250 million who reside in Francophone Africa.