With a population of 1.4 billion people, Africa’s demand for smartphones, internet, the good things of life, is growing at a rapid pace. Many of these, including education, health, would need to be financed with credit.
However, access to credit continues to be a challenge which becomes a barrier for the young woman in Accra from realizing her dreams and the lad in Kampala from going to the…
Minister of information and culture, Lai Mohammed says the Lekki Deep Seaport when completed, will generate over $201 billion for the federal and Lagos state governments within a concession period of 45 years.
Mohammed, who said this during an inspection of the port, on…
Leading telecommunications services provider, Airtel Nigeria, on Tuesday April 12th in Lagos unveiled its state-of-the-art Tier 3 data centre for commercial use, declaring its mission to help provide perfect uptime and peerless security for servers it houses as well as…
Obiora Okonkwo, Chairman of United Nigeria Airlines, has called on the federal and state governments to use the Igbo apprenticeship system to address the scourge of youth unemployment in the country.
Okonkwo, who made the call in a keynote address delivered at the 2022 edition of the All Market Conference, organised by the Ndigboamaka Progressive Traders Association in Lagos, said the Igbo…
Elon Musk, Tesla CEO, has raised $7 billion to support his $44 billion deal to buy Twitter.
A Securities and Exchange Commission filing made public on Thursday disclosed that Musk received equity commitment letters of about $7.14 billion from a group of 19…
Nigeria’s equities market closed further in the green zone on Thursday, May 5, rising by 1.42 percent or N383billion as investors maintained their bargain appetite for some value counters earlier seen trading below analysts target prices.
The market reached a new high…
On Monday, May 9, 2022, Konga Food, the online food delivery arm of Nigeria’s composite e-commerce behemoth Konga, will formally launch.
The long-awaited development is set to raise the bar for service delivery in Nigeria’s burgeoning online food delivery industry, with Konga Food eminently positioned to follow in the footsteps of the Konga Group’s other thriving subsidiaries by providing…
Capitalizing on the importance of Workers’ Day on Monday, Lastmile Financials Limited, a Nigerian fintech, has officially launched PayMasta, a new product to cater to the needs of Nigerian employees, seeking to cut their wages ahead of payday.
At the heart of PayMasta is…
Norebase, a Nigerian-based tradetech company launched in 2021, has secured a $1 million pre-seed funding round to accelerate plans to build a plug-and-play company incorporation technology.
According to the company, the funding will broaden its trademark registration…
A Nigeria-based edtech startup, 9jacodekids, has raised a $350K seed funding round to expand its team and operations across Nigeria.
The founder and CEO, Ugochukwu Nkwocha, on Monday, confirmed the development in a post on the startup’s website.
Ripples Nigeria gathered that the startup featured in Ultima’s second season of Lion’s Den, a business reality show that gives new startup owners…