Nigeria Scores Major Win with $80M Solar Boost.
In a move set to brighten Nigeria’s renewable energy landscape, Konexa Energy has secured early-stage backing from the Seed Capital Assistance Facility (SCAF) for an...
Category : Press Releases
ExxonMobil Injects $1.5 Billion to Power Nigeria’s Deepwater Comeback.
In a show of renewed confidence in Nigeria’s offshore oil sector, ExxonMobil today announced a $1.5 billion capital programme to revitalise its Usan deepwater field,...
Nigeria’s Homegrown Oil Firms Ignite a New Era of Energy Independence.
Nigeria’s oil landscape is undergoing a transformative moment as domestic companies step confidently into roles long held by international giants. Over the past year, local...
Mo Abudu Earns Time Magazine’s TIME100 Honor, Elevating African Voices on the Global Stage.
Media entrepreneur Mo Abudu, founder and CEO of EbonyLife Group, has earned a spot on TIME magazine’s prestigious TIME100 list, which celebrates the year’s most...
Nigeria’s CNG Initiative Draws $491 Million Investment, Creates Over 84,000 Jobs Amidst Infrastructure Push.
Significant private investment and substantial job creation have marked the first year of Nigeria’s accelerated push towards Compressed Natural Gas (CNG) vehicles, according to the...
Eko Atlantic City Redefines Luxury Living with Le Rêve’s Exclusive Waterfront Residences
Eko Atlantic City is redefining Lagos’ luxury real estate scene with its latest high-end development, Le Rêve — a stunning 16-storey residential tower poised to...
Ngozi Okonjo-Iweala And Mo Abudu Listed Among Forbes’ 100 Most Powerful Women.
Currently, Abudu and Okonjo-Iweala are producing the documentary series, Black, Brilliant and Bold for Netflix. The Director-General, World Trade Organization, Ngozi Okonji-Iweala, and media mogul,...
Wema Bank bags SME Friendly Bank of the Year award.
Nigeria’s leading innovative bank and pioneer of Africa’s first fully digital bank (ALAT) has been awarded SME Friendly Bank of the Year and Most Outstanding...
How Access Bank Is Revitalising Agric Sector with Agriculture Desk.
Agriculture is not just an industry; it’s the lifeblood of nations. It fuels economies, nourishes communities and sustains livelihoods. Access Bank, a leading financial institution...
AFREXIMBANK Sponsors African Freestyle Football Contest Organised by Feet ‘N’ Tricks
Feet ‘N’ Tricks (www.FeetNTricks.com) the biggest promoter of Freestyle Football in Africa, has announced AFREXIMBANK as its main sponsor for its highly anticipated Freestyle Connect...
Fintech Week Harps on Talent Investment, Training to Boost Economy.
Participants at the ongoing Nigeria Fintech Week, organised by Fintech Association of Nigeria (FinTechNGR), in partnership with Jackson, Etti & Edu; MainOne; and infobip, have...
Lagos State Governor Inaugurates Automobile Assembly Plant.
The Lagos State Government has sealed a Joint Venture Agreement (JVA) sealed with CIG Motors, a Chinese automobile company for the birthing of a new...
TEF has committed $100m to empower African entrepreneurs – Elumelu
Tony Elumelu, the Founder, Tony Elumelu Foundation (TEF), says the foundation has committed $100m to impact 18,000 young African entrepreneurs. Elumelu spoke in Abuja on...
SpaceX Starlink and Jumia Join Forces to Expand Satellite Broadband Services in Africa.
SpaceX Starlink and Jumia Technologies AG, an e-commerce platform, join forces to revolutionize satellite broadband services in Africa. This strategic partnership is set to bring...
Iwosan Lagoon Hospitals Unveils State-Of-The-Art Medical Facility In Lagos.
Iwosan Lagoon Hospitals, one of the largest private tertiary healthcare organisations in West Africa has launched a new state-of-the-art medical facility in Victoria Island Lagos....
$100m African Film City construction will begin October – Sanwo-Olu.
Governor Babajide Sanwo-Olu of Lagos State said on Thursday that the groundbreaking of the proposed 100 million-dollar African Film City project in Epe would be...
Lagos emerged as World’s top payments hub with 7% of all firms founded since 2022 – Report
The commercial city of Lagos, Nigeria, came in joint second with New York in terms of cities with the most cross-border payments startups founded since...
Hippolite Amadi, Nigerian Scientist Wins $100,000 Prize for Work in Keeping Newborns Alive.
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,...
Wema Bank hosts Hackahokics digital summit for innovators.
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...
Yellow Card and MoonPay Collaborate to Enhance Crypto Accessibility in Nigeria.
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...
Leverage Edu announces investment of ₦800 million at G20 as it expands further operations in Nigeria.
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...
Flutterwave launches CBN-backed Swap, partners Wema, Kadavra to make speedy FX available for Nigerians.
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...
Fubara to create ₦4bn Enterprise Fund with Bank of Industry.
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...
MTN, Mastercard, Exponential Consulting empower 20,000 women entrepreneurs.
The MTN Foundation on Tuesday said it had entered into a partnership with Mastercard Foundation and Exponential Consulting Ltd. to train 20,000 women entrepreneurs. The...
Empowering a hygienic nation: Dettol’s makes significant strides through hygiene education.
Nigeria’s leading hygiene brand, Dettol, has taken proactive steps in combating poor hygiene practices in Nigeria with its impactful Clean Naija initiative. In collaboration with The Wellbeing...
Zenith Bank commits to develop SMARTAfCFTA Portal, signs MoU with AfCFTA.
Zenith Bank Plc has signed a Memorandum of Understanding (MoU) with the African Continental Free Trade Area (AfCFTA) Secretariat for the development of the SMARTAfCFTA...
MDXi, AMS-IX pave pathways to drive content growth in West Africa
Amsterdam Internet Exchange (AMS-IX) and MDXi, an Equinix company, have highlighted their collaborative efforts in driving content growth in West Africa through the newly established...
Flapmax Partners with Intel to Accelerate Artificial Intelligence (AI) Innovation in Africa.
Flapmax (https://Flapmax.com), a leading artificial intelligence (AI) company, announced today its strategic partnership with Intel, the global technology leader, to foster AI innovation and drive...
Obi Cubana hosts private unveiling of Remy Martin Louis XIII Cognac at a bespoke event in Banana Island Lagos.
Nigeria’s top business mogul, entertainment emperor, and luxury hospitality czar, Obinna Iyiegbu, famously referred to as Obi Cubana, invited a few of his billionaire friends as he...
Pomp, pageantry as Funsho Gbogboade is inaugurated as 39th President of Rotary Club of Ikoyi.
Rotarian Funsho Gbogboade on Saturday, July 22, 2023 was installed as the 39th President of the Rotary Club of Ikoyi. The event which was graced by...