Aladdin Scheme Ltd, the leading Ecosystem Digital bank in Nigeria has announced its successful closing of a debt-financing deal up to $3.5 million. This debt-financing will power its digital lending products in order to provide a wide range of loan options including; Nano, micro , salary , auto , SME loans et cetera.
It has successfully launched its nano loans and microloans product last week and…
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…
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…
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…
OnePort 365, a Lagos, Nigeria-based digital freight forwarding company, raised $5M in Seed funding.
The round was led by Mobility 54 (the Venture Capital arm of Toyota Tsusho and CFAO Group), with participation from SBI Investment, Flexport, Samurai Incubate, and ODX.
The…
Rise.ng raises $150,000 pre-seed funding to revolutionalise service delivery
April 18, 2022
Nigerian startup, Rise.ng has secured a $150,000 pre-seed round as it is set to launch it business operations in the country.
The tech startup said it wants to revolutionalise service delivery as it focuses on the low-income earners; majorly artisans and vendors that do not…
Tesla CEO Elon Musk has acquired a 9.2 per cent stake in Twitter, making him its largest shareholder.
Mr Musk owns 73,486,938 shares of Twitter, which represents a 9.2 per cent stake in the company, according to the US Securities and Exchange Commission (SEC)13G filing released on Monday.
The stake is worth $2.89 billion, based on Twitter’s closing price Friday.
The announcement raised…