BuuPass Raises $1.3M to Expand Africa’s Mobility Sector Digitization.
In Kenya, the bulk of operators, particularly those in the road transportation industry, still insists that…
Meta Will Test A Monthly Subscription Service For $11.99
In an effort to support the growth and community building of content producers, Meta Platforms (META.O) said that…
Cleantech Qotto Launches Growth Strategy with $8M Investment.
The IBL group, a $1 billion conglomerate with operations in a number of industries, including energy, financial…
China Demand Optimism And Supply Forecast Worries, Cause Oil To Climb.
Optimism about China's demand rebound, worries that underinvestment could constrain future oil supplies, and major…
FG Estimates That Inaccurate Measuring Causes 40% Of Oil Losses.
According to the Federal Government, measurement errors—not theft—are to blame for about 40% of the quantities of…
Investors in stocks suffer a loss of N281 billion in a single week.
At the close of last week's trading on the floor of the Nigerian Exchange Limited, stock investors lost N281…
Conflicts Between The FG And States Regarding Salary Reviews
Oluwarotimi Akeredolu, the governor of Ondo State and head of the Southern Nigeria Governors' Forum, recently…
LCCI Tells FG That Rising Inflation Will Make Poverty Worse.
The prolonged increase in the overall price level in recent years has weakened some people's purchasing power, the…
IFC, DEG, Yellowwoods, and Others Backed Naked’s Series B.
A South African insurtech firm called Naked Insurance has acquired $17 million in Series B funding led by the…
The APC And Bank CEOs Work Quickly To Fix The Naira Crisis.
In a last-ditch effort to resolve the lingering cash crisis that has thrown the entire country into turmoil,…
Group’s Investments are Brought Together Under the New Axian Units.
Axian Group has revealed a new investment division intended to support Africa's early-stage tech businesses. Axian…
Returning and New Investors Support Smile’s Series B $20m Round.
In an expanding fintech market like that of Africa, the significance of KYC and identity verification cannot be…
Buhari Instructs Nigeria’s Central Bank to Give Emirates Additional Cash.
The central bank in Nigeria has been instructed by Nigerian President Muhammadu Buhari to boost the amount of…
Nigerian Inflation Continues in January, Spurred by Food Prices.
According to its statistics office, Nigeria's inflation resumed in January and reached 21.82% in annual terms.…
Members of the US Congress want to Stop the $1 billion Nigerian Weapons Purchase.
Following revelations of an illegal abortion program and the targeted slaughter of infants by the Nigerian …
President Buhari Grants a 60-day Extension to Turn in Outdated Currency.
President Muhammadu Buhari of Nigeria granted the go-ahead for the central bank to add another 60 days to the…
French Agency And BoI Agree To A Funding Of €2.5 Million.
A funding deal for €2.5 million has been agreed between the Bank of Industry and the French Development Agency to…
Wema Bank Supports SMEs In Enugu
According to Wema Bank Plc, it intends to provide small and medium-sized businesses in Enugu with the necessary…
NIPC Intends To Draw More International Investment.
According to the Nigerian Investment Promotion Council, initiatives are being made to make Nigeria a popular place…
The 2023 NCC Innovative Competition Is Won By A Tech Startup.
Following its selection as the winner of the third annual Nigerian Communications Commission Information and…
According To Kyari, The Demand For Energy In Nigeria And Other Countries Would…
According to Mr. Mele Kolo Kyari, Group Chief Executive Officer of Nigerian National Petroleum Company (NNPC)…
Emefiele Explains Redesign As Naira Crisis Intensifies
The Central Bank of Nigeria failed to clarify the legal tender status of the old notes, which made the problem…
Shareholders Approve The N2.06 Billion Royal Exchange Rights Issue
Royal Exchange Plc's shareholders have given the board of directors permission to seek new equity capital from…
Pinnacle Oil And Gas Writes The DSS, Alleging a Plot To Violate The Peace And…
Pinnacle Oil and Gas Limited has filed a petition with the Director-General of the Department of State Services…
After The Supreme Court’s Decision, The FG And CBN Will Take Action.
The Presidency has stated that because the Supreme Court would hear the case ,neither the Federal Government nor…
Congestion As Two Containers Crash From The Mile 12 Bridge
Ikorodu Road is blocked as a result of two containers slipping off the back of a trailer on the Mile 12 bridge…
CBN Maintains a February 10 Deadline For The New Naira.
The deadline of February 10, 2023, wasn't necessary, according to Godwin Emefiele, Governor of the Central Bank of…
Rewane: Naira Crisis May Lead to $18 Million GDP Loss Monthly
According to estimates made by Mr. Bismarck Rewane, Chief Executive Officer of Financial Derivatives Company…
2022 Non-Oil Export Revenue Of $4.8 billion, According To NEPC
The Nigerian Export Promotion Council has pledged to make sure that Nigeria surpasses the $4.82 billion it made…
Minister Rejects Request To Create New Agencies
The Federal Government has rejected a proposal from the National Institute of Peace and Strategic Studies to…