Sterling Bank has revealed its intention to dedicate N1bn to support agro-innovators during the upcoming 5th edition of the annual Agric Summit Africa. The event, renowned for its significant contributions to the agricultural sector, is scheduled to take place in Lagos, Nigeria, in November 2023, under the theme ‘Empowering […]
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Micro and small-medium enterprises (MSMEs) in Nigeria and other emerging markets are being encouraged to explore innovative financing solutions to address funding gaps, accelerate growth, and expand their operations. A recent study conducted by Stears in collaboration with the digital supply chain finance platform, Fiducia, sheds light on the […]
The Digital Nigeria 2023 Conference, hosted by the Federal Ministry of Communications, Innovation and Digital Economy, made waves with its dynamic theme, “Harnessing Digital Technologies for Job Creation, Inclusive Economic Growth, and Stability.” The event drew a constellation of tech thought leaders who focused on the transformative potential […]
The Central Bank of Nigeria (CBN) is set to investigate and impose sanctions on Deposit Money Banks (DMBs) suspected of undermining efforts to stabilize the Naira and bolster the national currency. Recent reports have revealed that some banks are engaging in speculative activities, purchasing foreign currency from the Investors […]
The Nigerian federal government has announced a significant change in its approach to issuing visas to foreign travelers. The principle of reciprocity will now be applied, ensuring that countries with strict visa requirements for Nigerians will receive similar treatment when their citizens apply for visas to Nigeria. Olubunmi Tunji-Ojo, […]
As the industry media body, the Nigeria Information Technology Reporters Association (NITRA), prepares for its stakeholders engagement event, the NITRA FINANCIAL TECHNOLOGY (FINTECH) FORUM 2023, Nigeria’s telecommunications regulator, the Nigerian Communications Commission (NCC) has thrown its weight behind the event. The event, which is slated to hold on October 26, […]
Outsized, an independent talent marketplace for firms, has announced the successful completion of its Series A fundraising round. This round was spearheaded by the reputable South African venture capital firm Knife Capital, with additional contributions from several individual investors, including Adrian Durham, the founder of the renowned wealth management […]
In a significant development, the National Agency for Science and Engineering Infrastructure (NASENI) has signed three Memorandum of Understandings (MoUs) with Chinese companies during a ceremony attended by Vice President Kashim Shettima (GCON) at the third Belt and Road Initiative (BRI) Forum in Beijing, China. These projects represent a […]
Endeavor and FMO, the Dutch entrepreneurial development bank, have announced the continuation of the African Agritech Accelerator initiative. This program aims to provide support for a second cohort of early-stage African agritech firms, building upon the successes and insights gained from the first cohort, which ran from February 2022 to […]
The Federal Government has urged the National Broadcasting Commission (NBC) to shift the prevailing perception of the organization solely being associated with penalties and fines. During a recent visit to the commission, Mohammed Idris, the Minister of Information and National Orientation, emphasized the need for the NBC to prioritize […]