| Date | Title | Description |
| 18.09.2024 | Flooding: Edo, Delta, Anambra in high alert as Cameroon begins water release from Lagdo dam | The Federal government has put states along the River Niger and Benue axis on high alert as authorities in Cameroon begin releasing water from the Lagdo dam.
The Nigeria Hydrological Services Agency (NIHSA) announced the gradual release of ... |
| 17.09.2024 | Nigeria's Climate Crisis and Global Aspirations: A Dual Challenge | Nigeria stands at a crossroads. On one side, the nation grapples with devastating floods that have wreaked havoc across its northern regions. On the other, it eyes a potential seat at the United Nations Security Council (UNSC), a move that ... |
| 17.09.2024 | FG to partner private sector to create disaster relief fund, targets FAAC allocation | The federal government is looking to partner with the private sector to create a disaster relief fund in the wake of massive floodings that have rocked major parts of the country, especially the Northern states.
President Tinubu disclosed t... |
| 12.09.2024 | U.S. to back two permanent U.N. Security Council Seats for Africa, Nigeria in focus | The United States has expressed support for creating two permanent seats for African nations on the United Nations Security Council (UNSC), as part of ongoing efforts to reform the powerful global body. U.S.
This is according to a Reuters, ... |
| 05.09.2024 | FG to use NIN for verification as it begins sale of 50kg rice at N40,000 | The Federal Government has said potential buyers would have to present their National Identification Number (NIN) as commenced the sale of 30, 000 metric tonnes of milled rice to Nigerians at a subsidised rate of N40,000 per 50 kilograme ba... |
| 28.08.2024 | Storm Clouds Gather: The Impact of Floods on Nigeria's Agriculture | Nigeria is no stranger to storms. The skies darken, and the rains come pouring down. But this year, the downpours have turned into devastating floods, wreaking havoc across the northern states. The Nigerian Meteorological Agency (NiMet) has... |
| 27.08.2024 | Recent floods will affect anticipated farm harvests this year- Agric Minister | The Minister of Agriculture and Food Security, Sen. Abubakar Kyari has stated that the ongoing devastating floods will affect the anticipated harvest of farmers this year.
Sen. Kyari said this while reacting to the recent floods that have r... |
| 22.08.2024 | Naira sends mixed signals as Dollar shows some strength | The naira displayed mixed signals against the dollar in Nigerian FX markets on Thursday.
The greenback rose from seven-month lows amid some bargain hunting, though dollar gains were capped by expectations of interest rate cuts.
The naira ga... |
| 19.08.2024 | FG to begin disbursement of Presidential loans and grant to manufacturers, MSMEs in September | The Federal Government, under the Presidential Grant and Loan Scheme, will begin to disburse funds to over 700 verified manufacturers and MSMEs nationwide in September.
The Minister of Industry, Trade, and Investment, Dr. Doris Anite, annou... |
| 18.08.2024 | Cost of Governance: Tinubu bars unauthorized officials from attending United Nations General Assembly in New York | President Bola Tinubu has barred unauthorized officials from attending the forthcoming United Nations General Assembly (UNGA) meetings in New York, United States.
This directive aims to reduce the cost of governance, as widely advocated by ... |
| 14.08.2024 | Customs to lose N188 billion in revenue over tariff removal on food imports | The Nigeria Customs Service (NCS) has stated that the revenue loss over the six month approved duties free importation of food items could reach N188 billion.
This was announced by the Comptroller-General of NCS, Adewale Adeniyi, during his... |
| 05.08.2024 | Navigating Nigeria's Food Crisis: A Government's Balancing Act | The sun sets on Nigeria's agricultural landscape, casting long shadows over a nation grappling with soaring food prices and social unrest. The government, led by Minister of Agriculture and Food Security Abubakar Kyari, is at a crossroads. ... |
| 05.08.2024 | Suspension of import duties on food items will end by November – Abubakar Kyari | The Minister of Agriculture and Food Security, Abubakar Kyari, stated that the suspension of import duties on certain food items into the country will remain in effect only until the next harvest, expected around October or November this ye... |
| 05.08.2024 | Civil servants will receive first batch sale of 50kg rice for N40,000, says FG | The Federal Government has disclosed that the first batch sale of the 50 kilograms (kg) bag of rice for N40,000 will be directed to those in the public service before being made available to other regions of the country.
The Minister of Agr... |
| 02.08.2024 | Nigeria's Data Dilemma: The Key to Unlocking AI Innovation | In the digital age, data is the new oil. It fuels innovation, drives decisions, and shapes futures. Yet, in Nigeria, this precious resource remains trapped in silos. Hajiya Rakiya Shuaibu, an IT Management Consultant and former Director of ... |
| 31.07.2024 | Senate passes bill to double Ways and Means borrowing limit to 10% of FG revenues | The Senate and the House of Representatives on Wednesday passed a bill to increase the percentage of Ways and Means loans the Central Bank of Nigeria (CBN) can give to the Federal Government.
The upper chamber of the Nigerian legislature ra... |
| 30.07.2024 | Nigeria helped seize $1.6 billion worth of illicit drugs, chemicals across 31 countries in two months- Interpol | The International Criminal Police Organization (Interpol) has announced the seizure of 615 tonnes of illicit drugs and precursor chemicals worth $1.6 billion in 31 countries.
Interpol disclosed the development in a statement on its website ... |
| 27.07.2024 | Nigeria's Economic Landscape: A Balancing Act Between Debt and Growth | Nigeria stands at a crossroads. The country grapples with a complex web of economic challenges, yet it also shows signs of resilience. Recent statements from key figures in the government and the private sector reveal a narrative of cautiou... |
| 26.07.2024 | FG’s revenue to debt service ratio dropped from 97% to 68% in 2024 – Wale Edun | The Minister of Finance, Wale Edun, has said Nigeria’s revenue to debt service ratio has declined from 97% in 2023 to 68% in 2024, indicating a reduction in the debt burden of the government.
Edun made this statement during a press briefing... |
| 25.07.2024 | The Olympic Stage: Women’s Soccer in Paris 2024**
** | ** The 2024 Olympics are set to ignite in Paris, and the women’s soccer competition is a hotbed of intrigue. This tournament is more than just a series of matches; it’s a canvas painted with stories of redemption, ambition, and change. The ... |
| 25.07.2024 | Nigeria’s Human Rights Writers Association labels multi-billion-naira Vice President’s residence project a ‘Misjudgment ‘ | The Human Rights Writers Association of Nigeria (HURIWA) has stated that the construction of the multi-billion naira official residence of the Vice President of the Federal Republic of Nigeria is an error in judgment by the executive and le... |
| 20.07.2024 | 2024 Olympics: What to know — and who to watch — during the women’s soccer competition in Paris | Storylines to follow
After a disappointing finish in the Women’s World Cup last summer, the United States will embark on its first major tournament under new coach Emma Hayes. Hayes, the former coach at Chelsea, only has four tuneup matches... |
| 18.07.2024 | Moving from Data to Strategy: An Orange Corners Case Study | As Manager of Ecosystem Research and Strategy for Startup Genome, I led a three-part online workshop followed by an in-person workshop with Netherlands-based Orange Corners (OC). The organization, managed by the Netherlands Enterprise Agenc... |
| 15.07.2024 | Nigerian passport holders can now obtain UAE visa effective July 15 – Information Minister | The Federal Government has secured an agreement with the United Arab Emirates (UAE), permitting Nigerian passport holders to obtain visas for travel to the UAE starting today, July 15, 2024.
Minister of Information and National Orientation,... |
| 29.06.2024 | Tech boom leads global markets through first half of 2024 | LONDON/NEW YORK :The unstoppable march of the mega caps, sloth-like central bank pivots, political palpitations aplenty and M&A is back - the first half of 2024 has been another whirlwind in world markets.
Forecasts for a global interes... |
| 28.06.2024 | EFCC Chairman recommends blockchain, AI for tracking and recovering $88.6 billion stolen from Africa | The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Olanipekun Olukoyede, has called for the use of blockchain technology and artificial intelligence to track and recover $88.6 billion stolen from African coun... |
| 28.06.2024 | About 60% of applicants have received N50,000 under trade grant scheme — Doris Uzoka-Anite | The Minister of Trade and Investment, Doris Uzoka-Anite, has said that about 60% of the 1 million applicants have received the N50,000 of the trade grant scheme.
Uzoka-Anite made this disclosure in a statement on her X (formerly Twitter) ac... |
| 26.06.2024 | FG approves $1.442 million for arms procurement for NDLEA’s counter-narcotics operations in Nigeria | The Federal Government has approved the allocation of $1.442 million for the procurement of arms and ammunition for the National Drug Law Enforcement Agency (NDLEA)’s counter-narcotics operations.
This approval was announced on Tuesday foll... |
| 25.06.2024 | FX Crisis: Nigeria has already seen the worst of naira volatility, says Cardoso | The Governor of the Central Bank, Yemi Cardoso, stated that the country has already experienced the worst of naira volatility regarding foreign exchange.
Cardoso said this in an interview on Tuesday in London while speaking to Bloomberg TV.... |
| 24.06.2024 | Ookla study finds 5G performance in South Africa lagging | South Africa’s 5G networks are not particularly quick, according to a study by Ookla, the owner of internet speed check website speedtest.net.
Ookla compared webpage loading speeds for Google, YouTube and Facebook using 4G and 5G networks i... |
| 17.06.2024 | Long Delayed: Education for Every Child in Africa | Education Cannot Wait Executive Director Yasmine Sherif Statement on the Day of the African Child
NEW YORK, June 17, 2024 /PRNewswire/ -- As we speak, millions of crisis-affected girls and boys across the African continent are being denied ... |
| 15.05.2024 | Most of the world is living under eroding democratic accountability | The world’s 12 most populous countries saw declines in a global index measuring democratic accountability. This democratic backsliding could turn into a slippery slope leading to more deterioration, researchers warn.
LOS ANGELES, UNITED STA... |
| 08.05.2024 | МВФ: мировая экономика разделилась на три блока | - |
| 30.04.2024 | Crypto exchange VALR targets global expansion | VALR CEO Farzam Ehsani
South Africa’s largest cryptocurrency exchange, VALR, has secured a licence in Poland and is eyeing other jurisdictions across the globe in the hopes of taking on some of world’s crypto giants, its CEO said in an inte... |
| 29.04.2024 | Teesside University students creating AI controlled self-driving car | Teesside University students creating AI controlled self-driving car
Mon, Apr 29, 2024 12:18 CET Report this content
Students from Teesside University are helping to develop an artificial intelligence (AI) controlled self-driving car, with ... |
| 09.04.2024 | Educational Injustice: How Climate Stressors are Affecting Children’s Education | 5 Mins Read A review of climate studies has revealed how global heating and extreme weather events have affected children’s education and performance in schools.
There is ample evidence about the effects of climate change on children’s ment... |
| 02.04.2024 | Boniface back in Leverkusen squad for German Cup semi-final - Alonso | BERLIN : Bayer Leverkusen striker Victor Boniface will be back in the squad for Wednesday's German Cup semi-final against Fortuna Dusseldorf following a three-month injury absence, coach Xabi Alonso said on Tuesday.
The 23-year-old underwen... |
| 21.03.2024 | 76% of Africa’s energy needs could come from renewables by 2040 | More than half of Africa’s people – about 600 million – lack access to even the bare minimum of electricity. The tough question to answer is how access can be extended without adding to global warming by relying on fossil fuels.
We – a team... |
| 18.03.2024 | Liberia: Why Last Week Internet Blackout Is a Suspicious Occurrence | There is every reason to be to be concerned about last week's internet outage, which mainly affected some of Africa's major trading blocs: Ghana, Nigeria, South Africa, Liberia, and Côte d'Ivoire.
The internet blackout is suspicious -- it's... |
| 04.03.2024 | Stock Tokenization Platform, Reflection, Seeks Investment and Strategic Partnerships for Ambitious Growth Plans | Reflection seeks funding, investment, and partnerships to propel the innovative stock tokenization platform into new phases of development and global expansion.
Road Town, British Virgin Islands, March 04, 2024 (GLOBE NEWSWIRE) -- Rising st... |
| 24.03.2022 | Nigeria's Kwik Gets $2m to Add Financial Services to Its Last-Mile Delivery Offerings | Kwik, a Nigeria and French-based startup that provides logistics services to B2B merchants, from social vendors to e-commerce platforms, has raised $2 million in Series A funding.
The financing round was led by XBTO Ventures, a crypto finan... |
| 22.03.2022 | Nigeria currently holds $283 million worth of foreign airlines’ funds – Sirika | --> -->
Nigeria is currently holding $283 million worth of foreign airlines’ funds in the country. The funds are proceeds from sales of foreign airlines’ tickets among others that are trapped in Nigeria.
This was disclosed by the Mini... |
| 07.12.2021 | Renewable Energy: Korea to invest $12.3 million for solar mini-grid construction in Nigeria | --> -->
The South Korean Government has announced that it will invest the sum of $12.4 million for the construction of solar mini-grids in Nigeria.
This was disclosed in a statement by Mr Kim Young-Chae, Ambassador of Korea to Nigeria... |
| 23.11.2021 | Nigeria’s OnePipe raises $3.5M to double down on its embedded finance offering | Last year, fintech API infrastructure players came into the African tech scene, ushering in Plaid-like services to businesses and developers.
And the attention on these companies, particularly from venture capitalists, spiralled into this y... |
| 19.10.2021 | Japan’s trade with Nigeria valued at $1 billion annually, committed to Gulf of Guinea stability | --> -->
The Japanese Ambassador to Nigeria, Mr Matsunaga Kazuyoshi has stated that the total trade volume between Nigeria and Japan is $1 billion annually. He added that Japan is also committed to the safety and stability of the Gulf ... |
| 18.10.2021 | Nigeria’s Sendbox raises $1.8M to provide e-commerce fulfilment for small merchants | There is a lot of activity going on with social commerce in Nigeria. From Facebook-owned Instagram and WhatsApp holding the keys to the marketplace-facing side of things to fintech companies like Paystack and Flutterwave bringing value with... |
| 22.09.2021 | Nigeria raises $4 billion Eurobond on healthy investor demand | ABUJA, Sept 21 (Reuters) - Nigeria raised $4 billion via a Eurobond issue on Tuesday after investors demanded more than four times the amount on offer, the Debt Management Office (DMO) said.
The DMO said the West African country attracted d... |
| 22.09.2021 | In Show of Strength, Nigeria Raises U.S.$4 Billion Through Eurobonds | Nigeria has raised $4 billion through Eurobonds, which was a reflection of investors' confidence in the economy.
The amount was raised after an intensive two days of virtual meetings with investors across the globe.
In a statement issued la... |
| 22.09.2021 | Nigeria raises $4 billion in Eurobond, dubbed one of the biggest financial trade in Africa | --> -->
In what is seen as “one of the biggest financial trade to come out of Africa in 2021,” Nigeria raised $4 billion via Eurobond.
This is according to a press release from the Debt Management Office (DMO). “The Order book peaked ... |
| 08.09.2021 | Nigeria’s Prospa gets $3.8M pre-seed to offer small businesses banking and software services | In Nigeria, there are more than 40 million micro-businesses underserved in some form or another regarding banking services. Although some of these businesses have registered bank accounts, gaps exist in how banks use the data available to s... |
| 09.08.2021 | Uber Nigeria Partner Raises $23 Million to Lend to Drivers
Uber Nigeria Partner Raises $23 Million to Lend to Drivers | (Bloomberg) -- Moove, a mobility fintech startup, has raised $23 million to provide financing to Uber Technologies Inc. drivers to buy cars across the sub-Saharan Africa region.
The funding round, which takes the total capital of Moove to $... |
| 04.08.2021 | Nigeria gets $3.35 billion SDR allocation from IMF in a boost to external reserves | --> -->
The board of governors of the International Monetary Fund (IMF) has approved the allocation of $3.35 billion to Nigeria as part of a historic general allocation of Special Drawing Rights (SDRs) of the International Multilatera... |
| 05.07.2021 | Nigeria's FairMoney raises $42M Series B | Fintech startup FairMoney has raised $42 million in Series B funding led by Tiger Global, TechCrunch reported, with DST Partners, Flourish Ventures, Newfund and Speedinvest also participating. Nigeria-based FairMoney offers consumer loans a... |
| 24.06.2021 | MTN plans to invest $1.5 billion to boost broadband access in Nigeria | Share this article:
South Africa-based telecommunications company, MTN, has revealed plans to invest ₦640 billion ($1.5 billion) over the next three years to increase broadband penetration in Nigeria.
The announcement was made by MTN Group ... |
| 06.05.2020 | Nigeria’s Helium Health raises $10M Series A for Africa expansion | Nigerian startup Helium Health sits in a good position during a difficult period, according to its co-founder.
The Lagos based healthtech venture is in the black, has batted away acquisition offers, and just raised a $10 million Series A ro... |
| 30.01.2020 | Telecoms firm MTN to invest $1.6 billion in Nigeria: statement | By Reuters Staff
1 Min Read
FILE PHOTO: A general view shows MTN head office in Lagos, Nigeria October 29, 2018. Picture taken October 29, 2018. REUTERS/Afolabi Sotunde
JOHANNESBURG (Reuters) - Telecommunications firm MTN Group, said it wou... |
| 22.10.2019 | Nigeria Secures $488 million for NIMC Digital Scheme | The government of Nigeria has secured the sum of $433 million for a National Identity Management Commission (NIMC) project. The sum was raised by the World Bank, European Union, and others for this project. NIMC plans to launch a new digita... |
| 23.09.2019 | Nigeria gets $433 million for a 5-year national identity card project | Share this article:
The World Bank, along with Agence Française de Développement (AFD) and the European Union (EU), has reportedly provided $433 million for Nigeria’s national identity card project.
The five-year project will be organised u... |
| 20.06.2019 | Nigeria’s MDaaS Secures $1 million Seed Round, Plans Expansion Across West Africa | Nigerian healthtech startup, MDaaS Global has secured a new $1 million seed round of funding as it prepares to replicate its innovation across different markets in Africa. Nigerian based venture capital firm, Consonance Investment Managers ... |
| 16.05.2019 | Microsoft set to invest $100m on Nigeria, Kenya tech development hub | Microsoft Corporation has announced that it will invest 100 million dollars to open an Africa technology development centre with sites in Nigeria and Kenya over the next five years.
Global tech giants, including Alphabet Inc and Facebook, h... |
| 07.09.2018 | Nigeria’s Paga Raises $10million Series B2 Fund, Set to Go Global | Nigerian fintech start-up, Paga is moving into the global market as they secured $10 million funding led by the Global Innovation Fund. Also part of the investors were, Goodwell, Adlevo Capital, Omidyar Network and Unreasonable Capital. The... |
| 31.08.2018 | UK Invests $2.6 million in Nigeria Fintech – Theresa May Visits Nigeria | During her three-day diplomatic visit, British Prime Minister, Theresa May announced a $2.6 million UK-Nigeria fintech partnership. The Fintech partnership, which is valued at 2 million pounds($2.6 dollars) is to support Nigerian innovators... |
| 30.08.2018 | Nigeria's Paystack scores $8M in latest funding round from Stripe, Visa, Tencent | Stripe, Visa and Tencent have contributed to a series A funding round for Paystack, a Nigerian-based company that specializes in providing merchants with online payment options.
Paystack raised $8 million in this round, according to multipl... |
| 25.01.2016 | Electricity generation in Nigeria gets $2.6 million boost | Share this article:
According to Phillipe Scholtes, the Managing Director of UNIDO Programme Development and Technical Cooperation Division, electricity in Nigeria will get $2.6 million to boost generation from Global Environment Facilities... |
| 09.09.2015 | Nigeria’s BOI makes $6 million investment commitment to support SMEs | Nigeria’s Bank of Industry (BOI) has announced that it will invest $6 million in small and medium enterprises (SMEs).
DailyTrust reports that the investment will be carried out through a $60 million venture capital fund being raised by Grow... |
| 24.06.2015 | Nigeria’s Audax Is Raising $20,000 For Its Summer Code School On Indiegogo | Audax Solutions, a Nigerian e-learning and training solutions company, is looking to raise $20,000 on Indiegogo for its summer code school program for primary and secondary school students.
The program, Audax Summer Code School, is a traini... |
| 21.09.2010 | Nigeria’s Interim President Declares Candidacy on Facebook | Goodluck Jonathan took over the presidency of Nigeria at the beginning of the year when the last president, Umuru Yar’Adua fell ill, then died. He had served as Vice President on the People’s Democratic Party ticket. Now, Jonathan has, afte... |
| 20.05.2008 | Ispat to invest $450 m in Nigeria | Promod Mittal-controlled Global Steel Holding, which owns over 50 per cent in Indian steel maker Ispat is planning to invest over $450 million (Rs 1919.48 crore) in Nigeria to double the steel production capacity in the African country.
The... |
| - | Nigeria's FairMoney raises $42m | FairMoney, a Nigerian app-based bank that uses alternative smartphone data to underwrite microcredit, has raised $42 million in a Series B funding round led by Tiger Global Management.
Launched in 2017, FairMoney began life by applying mach... |
