Stakeholders in the maritime industry are advocating for the deployment of a N50 billion modular floating dock,…

More than 30 manufacturing companies in Kenya have shut down production plants within a decade, indicating the…

Data observability startup Acceldata has secured an additional $10 million in an extension to its Series C round,…

Gutsy, a cybersecurity startup founded by the team behind Twistlock, has emerged from stealth with a $51 million…

Contract management startup Harbour has raised $15 million in a Series A funding round, bringing its total raised…

Direct-to-consumer customizable eyewear brand, Pair Eyewear, has secured $75 million in a Series C funding round.…

Dr. Tunde Lemo, a former Deputy Governor of the Central Bank of Nigeria, has cautioned against allowing the naira…

According to the latest report from the National Bureau of Statistics, portfolio investment inflow into Nigeria…

The Airline Operators of Nigeria (AON), representing domestic airlines, have urged the Federal Government to grant…

Nairagram, a licensed International Money Transfer Operator, has entered into a partnership with the Central Bank…

The Nigerian National Petroleum Company Limited (NNPCL) has announced that four consortia will finance the…

The Nigerian government has given the green light for the appointment of retired doctors, nurses, and other…

The Acting Comptroller General of Nigeria Customs Service, Adewale Adeniyi, has announced that the Federal…

Nigerians are growing increasingly anxious as they await the report of the Jim Obazee panel appointed to…

Nigerian cement manufacturers are gearing up for a potential pricing war after BUA Cement announced a significant…

Oil prices surged by over $4 per barrel in early Asian trading due to escalating military clashes between Israeli…

President Bola Tinubu has announced that the Ajaokuta Steel Complex, a long-abandoned project, is nearing…

Nairobi-based venture capital firm Enza Capital has successfully raised $58 million across two funds dedicated to…

Gaia Impact, in partnership with Capital Croissance, Schneider Electric, Capelan, and Investisseurs &…

CrossBoundary Access and Mobile Power have formed a $10 million partnership to deploy Mobile Power's MOPO Hubs in…

Baobab Payments GmbH, known as Peach Payments, has successfully concluded a €29 million funding round led by Apis…

Global impact consultancy, Dalberg Advisors, has named Lillian Kidane as the new Regional Director for its Africa…

A team that spun out of Carlyle Group Inc., a global private equity firm, has received backing from Carlyle's…

Cape Town-based Independent Power Producer (IPP), Red Rocket, has received a substantial capital injection of $160…

ARM-Harith Infrastructure Fund ("ARMHIF") has made an investment of US$18.75 million into Elektron Power Infracom…

Sanari Capital, a women-led and majority Black- and women-owned South African private equity firm, has…

Fitch Ratings Inc., a credit ratings and research firm, predicts that the Nigerian naira will continue to…

A diverse range of Nigerian companies have reported significant reductions in their profit margins in the second…

Nigeria's money supply, represented by M2, saw a marginal drop to N64.8 trillion in August 2023 compared to N64.9…

Nigeria's Debt Management Office (DMO) has unveiled plans to raise up to N1.2 trillion by re-issuing federal…