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Showing posts with the label Business

Kudiwave Petitions IGP, Seeks Forensic Tracing of N750m Transactions

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     Kudiwave Petitions IGP, Seeks Forensic Tracing of N750m Transactions Kudiwave Technologies Limited has petitioned the Inspector-General of Police, Olatunji Disu, over the alleged transfer and continued withholding of N750 million from its PalmPay account, asking for an independent investigation into the handling of the funds by the Special Fraud Unit, Ikoyi, Lagos. The company, in a petition dated September 14, 2026, also challenged allegations linking the funds to an alleged “round-tripping” transaction. Kudiwave, through its solicitor, Tony Eseigbe & Co., alleged that the SFU linked the money in its account to funds purportedly originating from United Bank for Africa Plc and subsequently moving through other companies. The company, however, disputed the allegation, maintaining that it received the funds from Nexall Technologies Limited as part of a legitimate commercial transaction and provided corresponding digital-asset value. How the N750m Transaction Starte...

Amputee Entrepreneur, Mballou Fofana, Builds $15m Business Empire in US

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         Amputee Entrepreneur, Mballou Fofana, Builds $15m Business Empire in US Mballou Fofana, founder of Le Mandingue African Restaurant in Philadelphia, United States, has built a business empire reportedly valued at about $15 million, more than two decades after losing one of her legs in an accident. Fofana, who suffered the life-changing accident in 1998, has since established herself as an entrepreneur with interests in hospitality and real estate. Her restaurant, Le Mandingue African Restaurant, is regarded as one of the longest-serving African restaurants in the Philadelphia region and has become known for its authentic West African cuisine and hospitality. Speaking on her entrepreneurial journey, Fofana said the accident did not stop her from pursuing her dreams, but instead strengthened her resolve to rebuild her life. > “My story is proof that no setback is greater than the power of determination. Through faith, resilience and hard work, I chose t...

PalmPay issues arrest warnings to media outlets over KudiWave reports

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  PalmPay issues arrest warnings to media outlets over KudiWave reports A new phase has emerged in the dispute involving PalmPay Limited and KudiWave Technologies Limited, with media organisations that reported developments in the matter said to have received messages from PalmPay warning of possible arrest and demanding the removal of published stories. The warnings followed media coverage of two major developments in the dispute. The first concerned the movement of N750,369,439.04 from KudiWave’s account by PalmPay. The second involved PalmPay’s reported position that KudiWave’s address and the ownership of the account were unknown, a claim KudiWave later challenged with documents and evidence of previous dealings between both companies. One of the major pieces of evidence presented by KudiWave was a PalmPay correspondence dated July 28, which expressly identified KudiWave Technologies Limited and Account No. 8889232516. In the same letter, PalmPay asked the Nigeria Police Force ...

US-Based African Entrepreneur Mballoh Fofana Reflects on Business, Resilience, Community Impact

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         US-Based African Entrepreneur Mballoh Fofana Reflects on Business, Resilience, Community Impact For many entrepreneurs, success is measured by profit margins and business growth. But for Mballoh Fofana, founder of Le Mandingue African Restaurant in Philadelphia, the true measure of success lies in overcoming adversity, preserving culture and creating opportunities for others. Fofana's story is one of resilience after tragedy. In 1998, she lost one of her legs in an accident an experience that could have ended her entrepreneurial aspirations. Instead, she turned the setback into motivation, rebuilding her life through determination, faith and hard work. More than 22 years later, she has established Le Mandingue African Restaurant as one of the Philadelphia region's longest-serving African restaurants, earning a reputation for authentic West African cuisine and warm hospitality. Beyond the restaurant business, Fofana has also expanded into real estate, bu...

Cheapest Places Around Sangotedo for Renters

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  Cheapest Places Around Sangotedo for Renters Sangotedo has become a go-to for affordable housing in the Lekki axis. Still, there are even cheaper pockets around it. 1. Awoyaya Awoyaya is one of the most affordable options beyond Sangotedo. ●       Lower rent ●       Growing development ●       More space for your budget 2. Lakowe Lakowe offers a quieter environment. ●       Budget-friendly options ●       Less congestion ●       Developing infrastructure 3. Bogije Bogije sits further down the corridor. ●       Cheaper rent ●       New residential developments ●       Increasing demand 4. Badore (Back Routes) Certain parts of Badore also connect back toward Sangotedo. ●       Affordable housing ...

8 Best Sites to Find Shortlet Apartments in Nigeria [2025]

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8 Best Sites to Find Shortlet Apartments in Nigeria [2025] The Nigerian shortlet market has exploded from Lekki to Maitama, thousands of apartments are available for short-term stays. But fake listings, wrong locations, and overpromising landlords make shortlet hunting a gamble without the right platform. Here are the 8 best sites for shortlet apartments in Nigeria . Platform Shortlet Listings Verified Maps Best For ExpertListing.ng   Yes   Yes   Yes Verified, location-confirmed shortlets Airbnb   Yes Guest reviews   Yes International standard stays PropertyPro.ng   Yes Partial   Wide shortlet inventory NaijaHouses   Yes Partial   Lagos & Abuja focus NPC   Yes ...

9Royalmart Global: Where Quality Meets Convenience

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      9Royalmart Global: Where Quality Meets Convenience What if online shopping in Nigeria felt premium, predictable, and powerful every single time? That is the standard 9Royalmart Global was built to deliver. Founded to redefine the online shopping experience in Nigeria, 9Royalmart is not just another e- platform. It is a deliberate response to the frustrations shoppers face daily uncertain product quality, delayed deliveries, poor customer service, and inflated pricing. 9Royalmart was created to eliminate those barriers and replace them with trust, speed, and confidence. At its core, 9Royalmart combines technology, integrity, and customer-first thinking to build a platform where quality meets convenience. Every product listed is verified. Every order is treated with urgency. Every customer interaction is handled professionally. The result is a seamless, reliable, and premium shopping experience designed for modern Nigerian consumers. Shop like Royalty, Spend like Smar...

9Royalmart Global: Rewriting Nigeria’s Online Shopping Story

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9 Royalmart Global: Rewriting Nigeria’s Online Shopping Story What happens when an e-commerce brand decides that uncertainty is no longer acceptable? In a market where shoppers often gamble on product quality, delivery timelines, and customer service,  9Royalmart  Global   emerges with a structured alternative. Built as a direct response to the everyday frustrations of Nigerian consumers, the platform positions itself not as another online store, but as a corrective force within the digital retail space. The Nigerian e-commerce environment has grown rapidly, but growth has not always translated into trust. Delayed deliveries, inconsistent product standards, inflated pricing, and weak support systems have shaped buyer skepticism.  9Royalmart Global  was established to dismantle those patterns and replace them with reliability, transparency, and operational discipline. At the center of its model is a simple but firm principle:  quality must never be optional ...

Sineli Telecoms Rolls Out Detty December eSIM Initiative to Ease Travel Connectivity Challenges

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           Sineli Telecoms Rolls Out Detty December eSIM Initiative to Ease Travel Connectivity Challenges Sineli Telecoms  has launched a seasonal connectivity initiative aimed at easing mobile data challenges faced by travellers during the December peak travel period, widely referred to as  Detty December . The initiative comes as international travel volumes surge during the festive season, a time when many travellers encounter connectivity difficulties immediately upon arrival. Common challenges include  high roaming charges , unreliable  public Wi-Fi , and delays associated with purchasing  physical SIM cards . According to the Founder and Chief Executive Officer of Sineli Telecoms,  Ayo Afonja , the initiative was designed to respond to a recurring pain point within the global travel ecosystem. “December is one of the busiest travel periods globally, and it consistently exposes how difficult it can be for travellers to st...

‘I Chose Principle Over Compromise’ — Jubril Arogundade Explains Decision to Leave CIG Motors

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‘I Chose Principle Over Compromise’ — Jubril Arogundade Explains Decision to Leave CIG Motors Jubril Arogundade , a former senior executive of CIG Motors , has issued a formal statement clarifying the circumstances of his departure, following recent media reports and public statements that misrepresented his exit as a termination . Mr. Arogundade confirmed that he voluntarily resigned from his position on December 2, 2025, fully in line with his contractual obligations and internal procedures. He said his resignation was submitted in writing, acknowledged by management, and accompanied by an agreed notice period and exit plan. He emphasised that portraying his departure as a termination is incorrect and does not reflect the true sequence of events. “I resigned from my position at CIG Motors after careful reflection and in line with due process,” Arogundade said. “It is concerning that my voluntary exit has been mischaracterised. I believe strongly in transparency and professionalism, a...