startups
10 Apr
Startups in Nigeria and other parts of Africa raised $466 million in the first quarter of 2024.
1 Apr
The CEO of Pennak Nigeria, Tolulope Adepena, has announced the launch of a business accelerator program aimed at empowering budding entrepreneurs to succeed in today's competitive business landscape. The business accelerator program, set to be a flagship event in the entrepreneurial calendar, will provide participants with a unique opportunity to gain invaluable insights, mentorship, and…
13 Mar
The United Kingdom’s Department for Business and Trade (DBT) has urged startups from Nigeria, South Africa, Kenya and other parts of Africa to participate in its Unicorn Kingdom – Pathfinder Awards (UKPA).
18 Jan
The United Nations Development Programme (UNDP) has launched a $1 billion innovation fund aimed at supporting startups across Africa, including Nigeria.
4 Dec
Bloc, a financial technology company, has launched a new flagship business banking product that provides African businesses with access to simple and advanced financial services. The product includes features such as corporate bank accounts, transfers, virtual cards, USD accounts, and more. The launch of this new product marks a new phase in Bloc's mission to…
23 Nov
Startups in the Nigerian economy have been urged to create an ecosystem that works together rather than compete within themselves. These were the words of the Co-founder, Bujeti, Samy Chiba, yesterday, at the startups' conference and pitch tournament of the Franco-Nigerian Chamber of Commerce and Industry (FNCCI) as part of a programme lined up for…
2 Oct 2023
The Federal Government has announced a new plan to help startups raise a total of $5 billion in funding rounds by 2027 and create over 50,000 jobs in the Artificial Intelligence (AI) industry in the next couple of years.
28 Aug 2023
Chief Operating Officer, Kora, a financial technology company, Ayodeji Osisami, has highlighted the importance of technology startups managing their initial funds effectively, in order to remain competitive. Speaking at the GenZ Techies conference at Lagos State University, Osisami said raising and managing initial capital has always been a challenge, particularly for GenZs who are beginners…
Latest
1 hour ago
Hearing in two separate money laundering suits filed by the Economic and Financial Crimes Commission (EFCC) against British national, James Nolan, could not proceed on Wednesday at a Federal High Court, Abuja.
2 hours ago
Iranian goalkeeper Hossein Hosseini has been banned by the Iranian Football federation for Hugging a female fan after a football game. The goalkeeper was banned and fined of approximately #6.2Million for his actions which is against the country's policy as far as both genders are concerned. The incident unfolded when a female supporter's hijab slipped,…
2 hours ago
President Bola Tinubu has called on the nation’s Judiciary to embark on reforms that will ensure functional justice system and support economic growth.
3 hours ago
Dr. Umar Ganduje, the National Chairman of the All Progressives Congress (APC), has said that the party would provide solutions to the challenges bedevilling the country. Ganduje stated this during the APC grand finale campaign and the presentation of party flags to the 11 local council chairmanship candidates, on Wednesday in Gombe. The News Agency…
3 hours ago
Nigerian chess master and founder, ‘Chess in Slums Africa’, Tunde Onakoya has returned to Nigeria after he broke the Guinness World Record for the longest time playing chess without losing a game. Onakoya broke the record of Norwegian players, Hallvard Haug Flatebø and Sjur Ferkingstad, who played for 56-hour, 9-minute in 2018. He made his…
3 hours ago
The Rivers Commissioner for Finance, Mr. Isaac Kamalu, resigned his appointment on Wednesday. He is the second commissioner to resign from the cabinet on Wednesday after Gov. Siminialaye Fubara, announced a slight cabinet reshuffle on Tuesday. The first to resign was Prof. Zacchaeus Adangor, Attorney-General and Commissioner for Justice. In the cabinet reshuffle, the governor…
3 hours ago
In furtherance of efforts to sanitize the mining sector, the federal government has revoked 924 dormant licences spanning exploration, mining, small-scale mining, and quarrying Licenses, six months after revoking 1,663 licences. The revocation licences include 528 exploration licenses; 20 mining licences; 101 quarry licenses, and 273 Small Scale Mining Licenses (SSML). Minister of Solid Minerals…
3 hours ago
Donning hijabs and floor-length abaya gowns over shorts and tank tops, Chinese students at an e-commerce school perform into a smartphone camera as they learn how to sell the clothes to overseas TikTok users. It is the final day of a two-week course on selling products abroad via the short video app -- which despite…
4 hours ago
The Tertiary Education Trust Fund (TETFund) said over 2.5 million Nigerian students have so far enrolled on its Tertiary Education, Research, Applications and Services (TERAS) platform. Executive Secretary of the Fund, Arc. Sonny Echono stated this on Wednesday in Abuja at the Second Registrar's workshop and 75th business meeting of the Association of Registrars of…
4 hours ago
Manchester City's Premier League title bid suffered a blow after Norway striker Erling Haaland was ruled out of Thursday's crucial clash at Brighton. Haaland missed City's 1-0 win over Chelsea in the FA Cup semi-final at Wembley on Saturday due to a muscle injury sustained in the Champions League quarter-final exit against Real Madrid last…