In the space of just about a month and a few days, four major cryptocurrency firms have been attacked and over $300 million lost as hackers succeeded in gaining access to thousands of crypto wallets.
With the crypto industry already unsettled with the complaints of un-stabilized prices, the recent commotion has displaced over 10,000 traders who trade under four different firms.
For Harmony…
Med-Direct Africa Positioned Itself To Redefine Health Delivery Landscape In Nigeria
August 7, 2022
Med-Direct Africa has positioned itself to redefine the health delivery landscape in Nigeria via the launch of its e-Pharmacy services as it commits to reducing the prices of quality drugs in Nigeria, while delivering with speed to the last mile nationwide.
With the launch…
Dangote Cement ‘Bag of Goodies Season 3’ produces three millionaires in Ibadan
August 7, 2022
The on-going Dangote Cement ‘Bag of Goodies Season 3’ national Consumer Promo has produced the first set of millionaires in Ibadan, Oyo State.
No fewer than three lucky Dangote Cement consumers were presented with one-million-naira cheques each even as many others won…
Valley Top Launched A Social Networking Platform 'Valutok' to enrich its users financially
August 7, 2022
The founder and chief executive officer of Valley top Communications Limited Mr. Andrew Odoe has launched a social networking platform, Valutok to enrich its users financially for their daily activities on the platform.
Odoe spoke on his drive towards the initiative, linking it to the pandemic era and the financial struggles that people were faced with despite their social media usage while…
Cydene Energy is set to launch a mobile app “Cydene Express’, targeted at helping Nigerians make efficient use of household utilities.
A software developer, Skalid Ugo Obi, founder and Chief Executive Officer of Cydene Energy Services Ltd, developed the app, which will…
Technology firm, MTN said since the directive from the Nigerian Communications Commission (NCC) for all operators to restrict outgoing calls for subscribers whose SIMs are not associated with NINs, approximately 10 million of those affected have submitted their NIN, of which…
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…