Tony Elumelu Foundation Partners EU To Empower Women From 54 Countries
The Tony Elumelu Foundation, TEF, has announced a partnership with the European Union, EU, to identify, train, mentor and fund 2,500 young African women entrepreneurs...
Category : Entrepreneurship
InfraCredit receives $27m investment from InfraCo Africa to unlock infrastructure finance.
Nigeria’s specialised local currency infrastructure credit guarantee firm InfraCredit has completed an approximately $27m equity investment by InfraCo Africa, part of the Private Infrastructure Development Group (PIDG). InfraCo...
International Breweries to support sustainable entrepreneurship among youths.
Business leaders, top government officials, captains of industries, and budding entrepreneurs converged for the Kickstart Entrepreneurship Summit organised by International Breweries Plc at the Civic...
UK- Nigeria Tech Hub Launches Programmes to Support Tech-Entrepreneurship in Nigeria
The UK-Nigeria Tech Hub has launched two virtual programmes called the Innovative Teachers Fellowship Programme and the Future Females Business School Programme. These programmes are in response to...
Apply: FG, Timiiafrica Announces $5,000 One-time Grant For SME Owners.
The Federal Ministry of Youths and Sports in partnership with Tiimafrica has announced that it is offering a one-time grant of $5,000 to SME owners The initiative...
Cross River, Dantata group, CBN partner on agriculture
Cross River State is partnering the Central Bank of Nigeria (CBN) and Dantata group to create 20,000 agro-based jobs for youths, it has been learnt....
CleanAce Boss Tasks Government on SMEs Support, Enabling Environment
In light of the current situation in Nigeria, the Chief Executive Officer of CleanAce Limited, Mr. Eniibukun Adebayo, has re-emphasised the need for brands to...
Nigerian fintech startup Paystack acquired by Stripe in landmark moment for African tech ecosystem
The African tech ecosystem has witnessed a landmark moment after Nigerian fintech company Paystack was acquired by global payments leader Stripe in a deal reports...
Buhari launches P-YES; what you should know about the scheme.
President Muhammadu Buhari Monday in Abuja launched the Presidential Youth Empowerment Scheme (P-YES). The Scheme, is aimed at creating 774,000 jobs across the Local Government...
IFC, Union Bank Partner to Boost Access to Trade Finance in Nigeria.
IFC, a member of the World Bank Group, has announced a finance guarantee facility to Union Bank to boost access to finance for local business,...
Telecoms industry gets N358b direct foreign investments
Nigeria’s telecommunications sector welcomed $942.8 million (N358.26 billion) capital inflow, popularly known as Foreign Direct Investments (FDIs), in 2019. The Nigerian Communications Commission (NCC), which...
Nigerian fintech Lidya lends $3m to SMEs in Eastern Europe.
The fintech start-up expanded into the region during the beginning of lockdown. It launched in Czech Republic in March, and Poland in April. Since nationwide...
Nigerian fintech ImaliPay launches financial products for gig economy workers
Nigerian startup ImaliPay has launched its platform, which leverages artificial intelligence (AI) and big data to offer tailored financial products that promote the inclusion of...
FirstBank Partners LSETF to offer funding at attractive interest rate to Low-Cost Private Schools in Lagos
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its partnership with Lagos State Employment Trust Fund (LSETF) in a matching...
Nigerian fintech startup Sparkle partners Visa to empower consumers, SMEs
Nigerian fintech startup Sparkle, a digital ecosystem providing financial, lifestyle and business support services, has partnered Visa in a collaboration that will enable it to...
2Baba unveils agribusiness project, Innobia
Afropop musician and UNHCR Goodwill Ambassador, Innocent Idibia, aka 2Baba, has unveiled Innobia Cooperatives Organisation (Innobia Allied Ltd), an agro-allied business concern with headquarters in Nigeria...
Lagos empowers, trains 800 rice farmers
Lagos State Government on Tuesday empowered no fewer than 800 rice farmers in the State with preferred high yielding Farrow 44 seeds, brand new high...
Lagos begins Agric-YES Summer School for public school students
Lagos State Government will on Monday, August 17 begin the 2020 Agricultural Youth Empowerment Scheme (Agric-YES) Summer School Programme for students of public Senior Secondary...
Aba automated shoe factory to begin production September 2020
The Aba automated shoe factory is set to commence operations, September 2020. Technical partner of the Factory, Mr Osaro Ekonweren, who disclosed this after the...
Kebbi tomato factory investment: Boosting economic diversification initiative
For many years, agriculture has been the major economic driver in Kebbi State, employing the majority of its workforce alongside commerce, and leveraging its riverine...
Nigerian blockchain-based land registry HouseAfrica secures key partnership for scale
Nigerian startup HouseAfrica, which has developed Africa’s first blockchain-based land and property registry, has partnered the Nigeria Mortgage Refinance Company (NMRC) to help it scale...
10,560 youths register for ‘Jobs Initiative Lagos’
At least 10,560 youths have registered for the Lagos State Government’s employability programme, tagged: ‘Jobs Initiative Lagos.’ The programme is aimed at preparing the applicants...
Nigerian business woman, Nneka Ede buys Portuguese club.
Nigerian business mogul Nneka Ede has recorded her name in the history books by becoming the first African woman to own a European club after...
Ecobank Promotes Entrepreneurship; Extends Agric Loan to 70,000 Farmers.
Ecobank Nigeria has restated its commitment to the Agricultural sector and is supporting over 70,000 farmers with special loans to increase their capacity and yields...
MeCure integrates 10,000 doctors on telemedicine platform
MeCure Smart, a smartphone app that allows remote online consultations, has tied up with HelloDocApp, the largest online community of doctors in Nigeria, to bring...
Ecobank Extends Zero Charge for Digital Money Transfers.
Ecobank Nigeria Limited has extended its zero-charge fee for digital money transfers below N5,000 till the end of September this year. In addition to the...
Lagos to support MSMEs with N5bn stimulus
The Lagos State Governor, Sanwo-Olu, has declared that the state is developing measures to mitigate the impact of the coronavirus pandemic on the Micro, Small and Medium...
UNILAG makes Forbes’ entrepreneurs’ list.
The University of Lagos (UNILAG), Akoko has been ranked third most productive school in educating entrepreneurs in Africa. According to a report by Forbes entitled:...
Nigerian startup OjaExpress accepted into Techstars Kansas City accelerator
Nigerian startup OjaExpress, a digital platform that allows users to shop online for ethnic, cultural and religious ingredients, has gained acceptance into the Techstars Kansas...
Nigerian fintech startup KiaKia launches P2P lending investment app.
Nigerian fintech startup KiaKia has launched a first lending investment mobile app that allows users to invest in the funding of secured personal and business...