Tag: Valentine's Day
Valentine's Day is recognized as a significant cultural, religious, and commercial celebration of romance and romantic love in many regions around the world. However, the holiday isn’t just about love but it also means big business to restaurants, shops and events. CNBC Africa’s Zwena Bachoo filed this report.
The world’s love economy is growing five times faster than the global economy. That’s according to the annual Mastercard Love Index. The index shows a 64 per cent spike in online transactions in the Valentine’s Day period against 57 per cent globally over the past three years. So how profitable is the business of love in Nigeria? Funmi Omoyele, Managing Director of PEC Events joins CNBC Africa for more.
Valentine’s Day is known to be a gift-giving occasion for people who love each other, and a money making day to businesses. CNBC Africa’s Zwena Bachoo was on the ground to find out, how well businesses prepare for the day.
Best Man Games CEO Nimi Akinkugbe says addressing money issues when there is no immediate pressure to make decisions should make things easier for couples. In celebration of Valentine's Day, Akinkugbe joins CNBC Africa to discuss love and money.