NigGal, Author at Enterprise, Awards, Innovation, Events, Brands, info

Hippolite Amadi, Nigerian Scientist Wins $100,000 Prize for Work in Keeping Newborns Alive.

NigGalSeptember 25, 2023September 25, 2023

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The winning innovations comprise a non-invasive Neonatal Ventilator, an Oxygen Delivery Blender System, and an Oxygen Splitter System, all powered by solar energy. Hippolite Amadi,...

Brands

Guaranty Trust Bank partners with Infosys Finacle.

NigGalSeptember 25, 2023September 25, 2023

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Nigeria-based Guaranty Trust Bank has partnered with Infosys Finacle to use the latter’s services for its multi-country digital banking transformation program. Following this announcement, the Guaranty Trust Bank will...

Press Releases

Wema Bank hosts Hackahokics digital summit for innovators.

NigGalSeptember 25, 2023September 25, 2023

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WEMA Bank, Nigeria’s innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced the launch of the Hackaholics Digital Summit 2023, Africa’s...

Finance

CBN postpones MPC meeting indefinitely

NigGalSeptember 21, 2023September 21, 2023

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The Central of Nigeria (CBN) has postponed its fifth Monetary Policy Committee (MPC) meeting of 2023 earlier scheduled for September 25th and 26th. Isa AbdulMumin,...

Brands

Glo Emerges ‘Outstanding Telecom Brand Of The Year’

NigGalSeptember 21, 2023September 21, 2023

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Foremost telecommunications company, Globacom, last weekend garnered two prestigious awards at the 2023 Brands and Advertising Awards organized by brand and marketing communication industry giant,...

Brands

Air Peace Orders Five New Embraer E175 Aircraft Worth US$288.3m.

NigGalSeptember 18, 2023September 18, 2023

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Air Peace, West Africa’s largest airline, yesterday placed a firm order for five Embraer E175 aircraft. This strategic decision marks a significant step forward and...

Africa

29 African healthcare supply chain startups selected to receive funding from the Gates Foundation.

NigGalSeptember 18, 2023September 18, 2023

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Investing in Innovation Africa (i3), a pan-African initiative for startups building the future of healthcare supply chains has announced its second cohort of 29 companies. Funded...

Prizes & Awards

A Nigerian, John Obot Sets New 124-Hour World Record for Longest Reading.

NigGalSeptember 18, 2023September 18, 2023

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In a triumphant feat of determination and intellect, Nigerian teacher John Obot has captured the world’s attention as he shattered the current record for the...

Sports

Tobi Amusan wins Diamond League trophy again.

NigGalSeptember 18, 2023September 18, 2023

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Amusan with a time of 12.33s emerged the winner of the fiercely contested 100m hurdles event to shut her critics after a disappointing outing in...

Event, Arts and Entertainment

Nigeria assumes role of leader in African fintech ecosystem.

NigGalSeptember 15, 2023September 15, 2023

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Nigeria has overtaken South Africa to become the most-populated fintech space on the continent, having already established itself as the most attractive fintech investment destination. ...

Innovations

How Nigeria’s IAPrecision is using drone, data tech to make agriculture more efficient.

NigGalSeptember 15, 2023September 15, 2023

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IAPrecision is a first-of-its-kind agricultural industry-focused drone technology and data analytics service enterprise in Nigeria. The startup, founded in 2021, provides farmers with aerial intelligence...

Entrepreneurship

Nigeria’s Mecho Autotech raises $2.4m pre-Series A, expands into wholesale automotive spare parts distribution.

NigGalSeptember 15, 2023September 15, 2023

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Nigeria’s Mecho Autotech, which provides quality automotive spare parts and vehicle repairs and maintenance services, has closed a US$2.4 million pre-Series A funding round to...

Brands

Stanbic IBTC Pension Managers Unveils FUZE Talent Show 2.0 For Nigerian Youths.

NigGalSeptember 15, 2023September 15, 2023

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Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has unveiled the highly anticipated second season of its transformative initiative – FUZE Talent Show. ...

Africa

Futurize and AstraZeneca unveil FuturizeU: the first-of-its-kind healthcare incubator across Africa

NigGalSeptember 12, 2023September 12, 2023

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Earlier today, Futurize and AstraZeneca (www.AstraZeneca.com) officially announced the launch of Futurize’s new pioneering HealthTech incubator program, FuturizeU. In collaboration with AstraZeneca, through the A.Catalyst Network, and co-funded by Bristol Myers Squibb,...

Press Releases

Yellow Card and MoonPay Collaborate to Enhance Crypto Accessibility in Nigeria.

NigGalSeptember 12, 2023September 12, 2023

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In a significant move towards expanding cryptocurrency accessibility in Nigeria, Yellow Card (https://YellowCard.io/), a pioneering African fintech company, has joined forces with MoonPay, a global...

Press Releases

Leverage Edu announces investment of ₦800 million at G20 as it expands further operations in Nigeria.

NigGalSeptember 11, 2023September 11, 2023

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Nigeria is one of the fastest growing study abroad markers in the world, and already accounts for nine percent of LeverageEdu’s total global business. Study...

Press Releases

Flutterwave launches CBN-backed Swap, partners Wema, Kadavra to make speedy FX available for Nigerians.

NigGalSeptember 11, 2023September 11, 2023

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Flutterwave, Africa’s leading payments technology company has announced the launch of Swap, powered by Flutterwave, in partnership with Wema Bank and Kadavra BDC. Swap is...

National

FG Secures $163m AfDB Loan For Wheat Production.

NigGalSeptember 11, 2023September 11, 2023

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The federal government, under the leadership of President Bola Tinubu, has secured a substantial $163 million loan from the African Development Bank (AfDB) to bolster...

Entrepreneurship

Oluseyi Akindeinde, secures patent for blockchain-driven authentication system.

NigGalSeptember 8, 2023September 8, 2023

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Hyperspace Technologies Limited has secured a patent for Blockchain technology-driven Multi-Factor Authentication (MFA). Developed within Hyperspace Technologies’ research and development (R&D) division, cipherKEY tap2sign™ MFA...

National

USAID: We Have Facilitated $205m Debt, Equity Investment for Nigerian Agribusinesses.

NigGalSeptember 7, 2023September 7, 2023

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Over the past five years, USAID has promoted private sector-led economic growth in Nigeria by facilitating $205 million in debt and equity investments for Nigerian...

Press Releases

Fubara to create ₦4bn Enterprise Fund with Bank of Industry.

NigGalSeptember 7, 2023September 7, 2023

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Rivers State Governor, Siminalayi Fubara has reeled out the achievements of his administration in his first one hundred days in office. Governor Fubara in a...

National

Nigeria’s steel sector set for revival as President Tinubu attracts $3 billion investment from India.

NigGalSeptember 7, 2023September 7, 2023

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Nigeria’s Minister of Minister of Steel Development, Prince Shauib Audu stated that the $3 billion in Steel Investments that President Tinubu gained from the Nigeria-India...

Sports

Asisat Oshoala And Victor Osimhen Nominated For 2023 Ballon d’Or.

NigGalSeptember 7, 2023September 25, 2023

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Nigerian footballers Victor Osimhen and Asisat Oshoala have earned nominations for the prestigious 2023 Ballon d’Or awards. Osimhen’s nomination makes him the first Nigerian player...

Appointments

Google appoints Nigerian, Alex Okosi, as Managing Director for Africa.

NigGalSeptember 6, 2023September 25, 2023

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Google has announced that Alex Okosi, currently Managing Director for YouTube in EMEA Emerging Markets, will take on the role of Managing Director for Google...

Africa

Africa- Unlocking Lucrative Partnerships: ITW Africa Offers Unprecedented Networking Opportunities to Meet Industry Leaders and Close Deals.

NigGalSeptember 5, 2023September 5, 2023

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ITW Africa promises to be a game-changer in the realm of networking opportunities, providing a platform to connect with an array of industry leaders and...

Entrepreneurship

Applications open for 5th edition of $50k MEST Africa Challenge.

NigGalSeptember 5, 2023September 5, 2023

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MEST Africa has announced the opening of applications for the fifth edition of the MEST Africa Challenge, the winner of which will secure US$50,000 in...

Entrepreneurship

Anchor closes $2.4 million to scale banking-as-a-service for African businesses

NigGalSeptember 5, 2023September 25, 2023

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Since its public debut one year ago, Anchor has processed more than $550 million. YC-backed embedded finance fintech, Anchor, has raised $2.4 million in a...

Africa

AfDB commences agro-industrialisation programme

NigGalSeptember 5, 2023September 5, 2023

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The African Development Bank has said that phase two of the Special Agro-Industrial Processing Zones will revolutionise agricultural practices and shift Nigeria from an agrarian...

Entrepreneurship

Nigeria retains market dominance as fintechs raise over $2.7bn in 2 years.

NigGalAugust 21, 2023September 25, 2023

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MORE than $2.7 billion has flooded into the African financial technology (fintech) ecosystem in the last 24 months as Nigeria maintains Africa’s most fintech-populated country...

Finance

Naira rebounds, trades 850/dollar at parallel market

NigGalAugust 17, 2023August 17, 2023

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The naira rebounded against the United States dollar at the parallel market on Wednesday, closing at 850/dollar. This came about two days after the Central...

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