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Mobility Startups Dominate as Funding to African Tech Firms Declines 62% Year-Over-Year in Q1 2024
In the first quarter of 2024, African mobility startups attracted the largest share of investments…
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CBN Prohibits Foreign Currency Collaterals for Naira Loans
The Central Bank of Nigeria (CBN) has implemented a new directive that prohibits the use…
Posted inBusiness Editorials Picked for you
The African Tech Funding Landscape: A Q1 2024 Review
The first quarter of 2024 witnessed a significant slowdown in venture capital funding for African…
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Companies Announce Final Dividends for 2023 Fiscal Year
Several prominent Nigerian companies have disclosed their final dividends for the fiscal year ending December…
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Federal Government Invests N2.9 Trillion in Power Subsidy, Says Minister Adelabu
In a recent briefing in Abuja, Dr. Adebayo Adelabu, Nigeria's Minister of Power, disclosed that…
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NERC Imposes N200 Million Fine on AEDC for Overcharging Customers
The Nigerian Electricity Regulatory Commission (NERC) has imposed a hefty fine of N200 million on…
Posted inEditorials Trending Now
Nigeria’s Musical Dominance and South Africa’s Profitability
Nigeria's music industry has taken the world by storm, with Afrobeats artists dominating global charts.…
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Lagos Most Affected by NERC’s Recent Electricity Tariff Hike, Stakeholders Express Concern
The newly implemented hike in electricity tariffs by the Nigerian Electricity Regulatory Commission (NERC) has…
Posted inBusiness Lifestyle Picked for you
How to Set Clear Financial Goals for Success
When you look ahead, what are the key financial milestones you hope to reach? Is…
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Trade and Development Bank Bolsters Agricultural Growth in Africa with $100 Million Facility
The Trade and Development Bank (TDB), in collaboration with British International Investment (BII), has launched…