THE Central Bank of Nigeria (CBN) has released cash to the Independent National Electoral Commission (INEC) ahead of national and state elections on February 25 and March 11.
The amount was not disclosed.
A source at the apex bank confirmed to The Nation that the cash was released to INEC on yesterday following the assurances of CBN Governor Godwin Emefiele to INEC Chairman, Prof Mahmood Yakubu…
United Airlines yesterday launched the airlines’ Ventures Sustainable Flight Fund of $150million.
It is the first investment vehicle to support start-ups focused on decarbonising air travel by accelerating the research, production and technologies associated with…
The Minister of Transportation, Mu’azu Sambo has charged the Nigerian Shippers’ Council to ensure the establishment of a Port Community System.
Speaking during his recent visit to the NSC headquarters in Lagos, Sambo urged the council to ensure that the Port Community…
Westa.solar, a clean energy company offering packaged solar purchase agreements, provided a 148kW solar array for FrootMultitradeNigeria Limited and a 600kW solar array for SacvinNigeria Limited.
In their statement, energy experts expressed continued concern about Nigeria’s fuel shortage and its impact on business and industry, noting that the rapid growth of the world’s…
Two persons have been confirmed dead while many others sustained severe injuries in a Tuesday accident that occurred at Alfred Rewane Road, by Marriage Registry intersection, and around Isheri, Igando area of Lagos.
The LASTMA Zonal Head around Isheri, Afolalu Gbenga, who…
London’s Harefield Hospital is currently treating some inpatients with a new type of “advanced” CPR which involves hooking up patients to an artificial lung machine.
Now the hospital is looking to make the technology accessible to many more people. In a new service…
Operatives of the Ekiti State Amotekun Corps have arrested a man, identified as Celestine, with counterfeited new N1,000 notes amounting to about N250,000.
Celestine, who claimed he was an Anambra State born Lagos-based businessman, said he was heading from Lagos State to Isanlu in Kogi State to buy kolanut and bitter kola when he was arrested with the fake new naira notes.
The suspect, who…
With $15 million in edtech accelerator funds, CcHub will support 72 startups in Nigeria and Kenya
February 21, 2023
CcHUB, a well-known African innovation hub, has announced plans to launch The Edtech Fellowship Program, which will provide $15 million in funding to edtech firms in Nigeria and Kenya.
The program’s goal is to develop a new ecosystem of edtech businesses that will…
Towntalk Solutions Joins First Lagos-Based Techstars Program and Expands Offerings with Area! by Towntalk
February 21, 2023
Towntalk Solutions, a prominent data intelligence firm, is one of just 12 startups chosen for the inaugural cohort of the ARM Labs Lagos Techstars Accelerator Programme. Towntalk Solutions is part of a cohort of 10 Nigerian and 2 Kenyan firms, with 50% female CEOs, that is…
Chipper Cash, an African startup cross-border payments company, reportedly laid off 140 employees, or more than a third of its workforce.
Although 15% of those impacted are Nigerians, the layoffs affected workers from IT, engineering leadership, engineers, technical programme managers, and analysts.
This move follows a prior 13% personnel reduction in December 2022, when 50 employees from the…