African startups backed by Google secure $266m funding
Startups supported by Google for Startups Black Founders Fund in Africa have collectively secured $266 million in venture capital funding over the…
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Abuja court strikes out FG’s N30b illegal ads suit against Meta
The Federal High Court sitting in Abuja has dismissed the N30 billion alleged illegal advertisement lawsuit instituted against Meta Platforms Incorporated (owners…
Elon Musk mocks Microsoft over global disruptions
Billionaire businessman and CEO of microblogging platform, X has mocked the global disruption caused by a glitch in Microsoft. The billionaire reacted…
Lagos plans CNG-powered buses by end of 2024
The Lagos State Government has unveiled plans to introduce compressed natural gas-powered buses for public transportation operations by the fourth quarter of…
Universal Insurance anticipates over N20bn income in 2024
Universal Insurance Plc has predicted a premium income of N20 billion for the 2024 financial year. This was disclosed by the Managing…
FG launch cleantech initiative to empower startups, SMEs
The Federal Government has unveiled the National Cleantech Innovation Entrepreneurship Ecosystem, an initiative that aims to promote small and medium-sized businesses and…
Microsoft system glitch causes global disruptions
Businesses worldwide have faced significant disruptions following a series of technical glitches in Microsoft’s systems, affecting crucial services relied upon by industries…
FG seeks regulations for e-commerce platforms in Nigeria
Federal government intends to create regulations for e-commerce platforms and provide cyber insurance to enhance security in the digital economy. This was…
UK finance institution commits $50m to Nigerian businesses
British International Investment, the United Kingdom’s development finance institution and impact investor, has recently announced a $50m commitment to Access Bank for…
CBN predicts slight decline in external reserve
The Central Bank of Nigeria has predicted that in 2024, the country’s foreign reserves may decline slightly, due to debt repayment and…
Nigeria produced 236m barrels of crude in H1 – NUPRC
Nigeria produced a total of 236,229,281 barrels of crude oil in the first half of 2024, according to The Punch. The nation…
FG to integrate 30m unbanked Nigerians into financial system – Shettima
The Nigerian Vice President, Kashim Shettima, has said that the federal government is committed to integrating the approximately 30 million unbanked Nigerians…