Women-only ride-hailing platform HerRyde ‘hibernates’ after one year
After a year of operating in Nigeria’s capital city, Abuja, HerRyde, a ride-hailing platform exclusively for women, has decided to temporarily pause…
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Crypto platform Kucoin suspends P2P trading
The global crypto exchange Kucoin has announced the suspension of all naira-based peer-to-peer trading. This comes three weeks following a meeting between…
NACCIMA laments naira crash effect on imports, inflation
The Nigerian Association of Chambers of Commerce, Industry, Mining, and Agriculture has expressed its concern over the sharp depreciation of the Naira…
Top 25 fastest growing Nigerian companies in 2024
Twenty-five Nigerian companies have emerged as the fastest-growing companies in Africa in the Financial Times ranking of the country’s fastest-growing businesses. In…
FG approves SPV for 90,000km fibre optic cable
The Federal Government has approved a special purpose vehicle for the delivery of an additional 90,000 km fibre optic cable to ensure…
CBN unveils 11 Nigerian pre-shipment agents
The Central Bank of Nigeria has approved the appointment of 11 pre-shipment monitoring and evaluation agents for oil and gas exports in…
Nigeria’s Omniretail ranked Africa’s fastest growing company in 2024
Nigerian E-commerce company, Omniretail has emerged as the fastest-growing company in Africa in 2024 in the third edition of Africa’s Fastest Growing…
Late Access Bank CEO’s Wigwe University to start operations August
Wigwe University, founded by the late Chief Executive Officer of Access Bank, Herbert Wigwe, is set to officially commence operational activities in…
Transcorp, Heirs Energies CEOs champion Africa’s energy transition
The chief executive officer of Heirs Energies, Osayande Igiehon, and Transcorp Group’s President/Group CEO Dr Owen Omogiafo will join global business leaders…
US shuts embassy in Tanzania over internet outage
Alex Omenye The United States has taken the precautionary measure of temporarily shutting down its embassy in Tanzania for a period of…
FG to empower 5,000 NYSC members with N10m – Minister
The Federal Government has announced plans for the empowerment of 5,000 members of the National Youth Service Corps with a sum of…
IMF: FG may need supplementary budget for minimum wage
The International Monetary Fund has said that the Federal Government may need to raise a supplementary budget to take account of the…