In a landmark announcement at GITEX Nigeria 2025, Governor Babajide Sanwo-Olu revealed that Lagos State attracted over ₦9.3 trillion (approximately $6 billion) in technology startup funding between 2019 and 2024. This influx of capital not only cements Lagos’s status as Nigeria’s economic powerhouse but also redefines its position as Africa’s […]
Startup Space
The 2025 Omniverse Summit is set to take place from February 25th to 28th at the Landmark Event Center in Lagos, bringing together entrepreneurs, business owners, policymakers, and creatives to navigate and thrive in the rapidly evolving digital landscape. According to the summit’s convener, Charles Emembolu, the event is more […]
The Stanley Jegede Foundation (SJF) has announced a groundbreaking partnership with the Adopt A School Initiative (ADASI) to spearhead educational development programs in Osun State. This collaboration aims to renovate schools and provide essential educational materials, underscoring a shared commitment to accessible and high-quality education for disadvantaged communities. This initiative […]
TECNO, a leading innovative technology brand, has partnered with the United Nations Children’s Fund (UNICEF) in Nigeria to support the implementation of the Nigeria Learning Passport, a digital learning platform. Too many children remain out of school today, and many more are not learning. In Nigeria, the challenges in […]
Ibom Air is set to add an additional Airbus A220-300 to its fleet. The airline’s acquisition of this new aircraft is a strategic move to boost its capacity and meet growing demand for its product. A statement signed by Aniekan Essienette, GM Marketing, and Communication, Ibom Air says in October […]
The Federal Government (FG) has announced the exemption of farmers, small businesses, and manufacturers from withholding tax as part of ongoing fiscal policy and tax reforms. This was revealed by Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, in a post on his X handle. […]
President Bola Tinubu has sanctioned the establishment of an additional Information and Communications Technology (ICT) Hub in Ekiti State to enhance the activities of micro, small, and medium enterprises (MSMEs). Vice President Kashim Shettima announced this during a one-day working visit to Ado Ekiti, the state capital. Shettima revealed that […]
Identification solutions startup Seamfix, which provides identity creation, verification, and transaction accreditation solutions for large organisations and government agencies, operates primarily, has raised $4.5 million from its first institutional investor, Alitheia IDF, in order to grow its operations outside of Nigeria. This was made known by Chimezie Emewulu, the company’s […]
The World Bank has underscored the potential of Artificial Intelligence (AI) to address various developmental challenges faced by low- and middle-income countries like Nigeria. In its “Digital Progress and Trends Report 2023,” released on Tuesday, the World Bank highlighted AI’s capacity to enhance financial inclusion and ensure equitable and efficient […]
TechPlan Africa, a prominent consultancy firm, has empowered over 10,000 graduates with valuable digital skills, while equipping 2,000 participants with the expertise to develop professional business plans. Led by Rilwan Akeyewale, a seasoned business strategist and financial analyst, TechPlan Africa has become a cornerstone in facilitating access to funding and […]
