The Project Coordinator, MSME Survival Fund and Guaranteed Offtake Scheme, Tola Adekunle, has stated that over 1,258,183 beneficiaries have benefitted from the Federal Government’s Micro Small and Medium Enterprises (MSME) survival fund.
Indeed, the MSME fund launched by the Buhari-led administration in 2020 was to cushion the effects of the COVID-19 pandemic especially on vulnerable MSMEs and…
The National Sugar Development Council (NSDC) has revealed that Lagos, Ogun and Oyo states account for 80 per cent of sugar consumed in the country.
It stated that households consume less than 20 per cent of sugar, while industrial consumption takes the largest…
The National Pension Commission (PenCom) has said that Pension Fund Administrators (PFAs) generated total earnings of N125.39 billion in the financial year ended 31 December 2021.
The total earnings of the PFAs indicate a 14.33 per cent increase, when compared with total…
Oui Capital launches a second fund of $30 million called the 'Oui Capital Mentors Fund II'
August 7, 2022
In July 2021, Nigerian fintech startup, TeamApt, announced its Series B round with participation from Global Ventures, Oui Capital, Kepple Africa Ventures, Gbenga Oyebode, and a few other angel investors and VCs.
Today, one of the investors in that round – Oui Capital – is announcing the launch of its $30 million fund called the Oui Capital Mentors Fund II.
The fund has a mix of local and…
Meta (Facebook) has introduced content creators in Lagos to the various technologies that are paving the road to the metaverse.
Celebrating their impact and creativity, the social media platform stressed the need for them to prepare for the revolution coming up in the…
Appknox, an enterprise mobile application security solution firm and its African partner, CED Technologies have created awareness on the need for consumers to be security conscious in app usage.
Speaking at a webinar with the theme, “How an insecure mobile app can tarnish…
Understanding that women in technology would need to position themselves properly to maximize global shift, Wentors is preparing women in technology for the multicultural and multiracial future of work.
A global community of women in technology led by EduAbasi Chukwunweike and Unoma Adeyemi, Wentors said it is committed to increasing the rate of women’s participation and retention in technology…
Digital banking is the new route that financial service providers and regulators are travelling to offer seamless services to the banked, and encourages the unbanked and underbanked to join the financial services net.
Two channels have for long dominated the digital banking…
Unity Bank Plc has posted gross earnings of N27.6 billion for its half-year results, representing a growth of 17 per cent year-on-year.
In its unaudited half-year financials submitted to the Nigeria Exchange Group Limited, the bank also made significant improvements across…
Workers of Addax Petroleum Development Nigeria have embarked on strike in protest against anti-labour practices by the firm, causing possible reduction in Nigeria’s crude oil production by 22,000 barrels per day.
Addax, owned by China’s Sinopec Group, has four Oil Mining Licences, OML 123, 124, 126 and 137, and operates the assets in Production Sharing Contract with the Nigerian National…