African Edutech Startup Raises $15 Million In Series-B Round
uLesson, African edutech startup, has secured a $15 million Series-B investment from global investors to expand team. Sim Shagaya, chief…
Category: Local
A Total Of N6.16bn Was Paid As A Liquidation Dividend- NDIC
According to Punch Newspaper, The Nigerian Deposit Insurance Corporation said on Thursday that a total of N6.16bn was paid as…
FG Propose Companies Income Tax For Foreign Digital Companies
The federal government has proposed the collection of companies income tax (CIT) from profits made by foreign digital companies with…
Mock Auction Of 5G spectrum To Hold On Friday-NCC
The Nigerian Communications Commission has said Nigeria’s 5G plan will allow efficient allocation of spectrum for 5G deployment, and ensure…
Range Rover Velar Named Luxury Sport Utility Vehicle Of The Year
Coscharis Motors Plc says one of the brands it represents, the Range Rover Velar, has been named the Luxury Sport…
Nigerians To Pay 7.5 Percent As VAT For Facebook Ad
Facebook says Nigerians will pay 7.5 percent value-added tax (VAT) on all ad placements from January 1, 2022. The social…
Equinix Acquire MainOne In $320m Deal
Equinix, Incorporated has announced that it is acquiring MainOne in a $320m deal that is set to be sealed in…
Startimes Launch Reality Show For Jobseekers
StarTimes says it has launched a new reality television show for jobseekers. According to the company, the reality show, called…
Senate To Mandate Bill For Bank To Demand TIN
The Finance Bill 2021, which is currently being considered by the senate, has made it mandatory for banks to demand…
Bolt Introduce Booking Fee, Riders May Pay More
In a service update sent to customers on Wednesday, the company said the booking fee was necessary due to an…
Tek Expert Employee Base Grew From 400 To Over 1,800
Tek Experts has announced that it has grown its employee base from 400 to over 1,800 employees in Nigeria in…
Cybersecurity Firm “ DataSixth Security Consulting” Gets Recognition
DataSixth Security Consulting says it has won the ‘Cybersecurity Company of the Year 2021 Award’ at the 5th Tech Innovation…
Meta And Africa No Filter Partners To Promote Use Of Virtual Reality In Storytelling
Meta and Africa No Filter, a narrative change organisation, have announced a partnership to launch a new fund in Nigeria…
Nigeria’s Debt To 5 Countries Rose To $4.26bn
Nigeria’s debt to China, France, Japan, India and Germany rose to $4.26bn as of June 30, 2021 from $3.85bn at…
Nigeria And Bolivarian Republic Of Venezuela In Talks To Establish Direct Air Link
Oludare Awoniyi, Nigeria’s ambassador to the Bolivarian Republic of Venezuela, says both countries are in talks to establish a direct…
You Tube Music Partners Briteswan And IManage Africa Entertainment Limited
YouTube Music has said it has partnered with two Nigerian organisations, Briteswan and iManage Africa Entertainment Limited. The partnership involves…
Beneficiaries Of Tony Elumelu Foundation Get Insurance Plan From HIL And HLA
Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA) have extended simple insurance plans to the beneficiaries of the Tony…
SEC Director-General Advocates On The Use Of Technology
At the 2021 workshop of Capital Market Correspondents Association of Nigeria(CAMCAN) in Lagos, the Director-General of Securities and Exchange Commission (SEC), Mr…
Nigeria Stock Exchange Record N589 Billion Loss
The Nigerian stock market declined by N598bn at the end of last week as some large-cap stocks recorded price losses.…
Powerful Nigerians Frustrating AMCON’s Recovery Of N4.4trn Debts — Senate Panel
The Senate Committee on Banking, Insurance and other Financial Institutions has lamented that highly-placed Nigerians were frustrating the effort of…
Nigeria Makes List Of Countries Implementing International Public Sector Accounting Standards
A Director in the office of the Accountant General of the Federation, Alhaji Salau Zubairu, has said Nigeria and Tanzania…
Dolidol Acquires Mouka Foam For $60 Million
Dolidol an international firm has acquired Mouka Foam in a $60 million (N24.9 billion) deal to create pan-African bedding and…
Buhari Transmits Finance Bill To NASS For 2022 Budget
The President, Major General Muhammadu Buhari (retd.), has transmitted the Finance Bill 2021 to the National Assembly for consideration and…
NGO: World Leaders Must Go Beyond Grand Gestures
World leaders must go beyond “grand gestures” to feed the 45 million people around the world who are on the…
Nigerian Mining Sector Get $2Bln Investment Pledge From UAE Investors
Investors from the United Arab Emirates have pledged $2bn worth of investments into the Nigerian mining sector as the…
NCC Qualifies MTN, Airtel, New Firm For 5G Auction
Globacom and Emerging Markets Telecommunication Service Limited are set to miss out on the deployment of Fifth Generation network for…
CBN Frowns At Commercial Banks Over E-Naira
The Central Bank of Nigeria (CBN) has frowned at the commercial banks for not doing much to educate Nigerians about…