AGRA invests $2.5 million to boost Agri-Business
THE Alliance for a Green Revolution in Africa (AGRA) has invested its second tranche of $2.5 Million to boost the share capital of the Agri-Business...
Category : Entrepreneurship
Nigerian startup MePlaylist secures investment from Beyonce’s father
Nigerian on-demand music platform MePlaylist has raised an undisclosed amount of funding from investors that include Mathew Knowles, father of artists Beyoncé and Solange Knowles. ...
Microtraction invests in Nigerian Edtech Startup Gradely
Microtraction has invested in Gradely, a Nigerian ed-tech startup that applies artificial intelligence (AI) to improve learning outcomes in schools. Founded in 2017, VC firm Microtraction invests in...
Nigeria, others to earn $7.41bn from cocoa
Nigeria and three other countries are expected to grab $7.41 billion or 70 per cent of the $10.59 billion cocoa output in this year. It...
$2bn Dangote Fertilizer Plant: ‘Change maker for Agriculture, Economy’
The President/CE, Dangote Group, Aliko Dangote has said the $2bn Fertilizer plant in Lekki, Lagos State, soon to come on stream, is a change maker...
Jumia: Promoting Nigeria’s economy through MSMEs
The role of micro, small and medium scale enterprises (MSMEs) in areas of promoting inclusive growth, increasing the country’s gross domestic product (GDP), creation of...
SMEDAN Kicks Off Nationwide Registration Programme For MSMEs
A nationwide mass registration programme that is designed to provide tailored and critical hand-holding services to the informal operators (medium,small and micro enterprises) in Nigeria...
Dangote buys over 3,500 trucks from ANAMMCO
Dangote Group has in the last five years invested over N63bn in the South East with the purchase of over 3,500 units of locally assembled...
New Nigerian airline Green Africa Airways orders 50 Airbus A220-300 aircraft
A new Nigerian airline, Green Africa Airways that is yet to fly any route, has made an order for 50 Airbus A220-300 aircraft. The order...
Five Nigerian startups get $20,000 each in funding
At the commencement of the second cohort of its LABS by ARM Accelerator programme, five Nigerian startups got $20,000 each in funding from a leading insurance...
Japanese Government to Establish Sesame Seed Processing Facility in Taraba State
Sesame production is one of the crops whose growth is being promoted by the Ishaku administration. The fund is being provided by the Japanese government...
Turkey to invest $15m in Nigeria’s agric sector –Minister
The Minister of State for Agriculture and Rural Development, Mustapha Shehuri, has said the Turkish government has promised to invest $15 million in Nigeria’s agricultural sector...
Zenith Bank empowers Nigerian SMEs, partners Facebook on SME Digital Workshop
Nigeria’s leading financial institution, Zenith Bank Plc, has reaffirmed its commitment to support local Small and Medium Scale Enterprises (SMEs) with the introduction of the...
Agriculture: NGROPPMAN Meets Netherlands Consulate-General, As Nigeria’s Groundnut Hits Global Market
In a bid to advance the nation’s agricultural sector, the National Groundnut Producers Processors and Marketers Association of Nigerian (NGROPPMAN) has described it’s working visit to the...
Ecobank Partners NIRSAL, USAID, others to increase loans to Nigerian farmers
Ecobank Nigeria Ltd is partnering with the Nigeria Incentive-based Risk-Sharing System for Agricultural Lending (NIRSAL), United States Agency for International Development (USAID), Development Bank of Nigeria (DBN) and other developmental partners to double the...
Nigeria’s entrepreneurs key to Africa’s prosperity- U.S. Consul General Pierangelo.
The United State Consul General, Claire Pierangelo has reiterated the importance of Nigeria’s entrepreneurs to the continued growth of economies in the West African sub-region...
SME: Ecobank moves into top five ranking
The 2019 Nigeria banking industry customer experience survey report recently published by KPMG Nigeria showed that Ecobank Nigeria recorded significant improvement in the SME segment...
Hyundai’s move to set up car plant in Nigeria excites Buhari.
Abuja – President Muhammadu Buhari says Nigeria will collaborate with and support Hyundai Engineering Company Limited to set up a car plant and also rehabilitate...
Nigeria will add rice to export commodities in 2 years — Nanono
The Minister of Agriculture and Rural Development, Sabo Nanono, says with the phenomenal increase in rice production and processing in the country, Nigeria will be...
Konga founder Sim Shagaya raises $3.1m for new venture
Sim Shagaya, Nigerian founder of e-commerce platform Konga, is back with a new startup — uLesson — that has raised a $3.1 million seed round...
Obasanjo’s mango plantation set to employ 1000 workers in Benue
Former Nigerian President Olusegun Obasanjo, is set to become a big employer of labour in Benue state, with his mango plantation and fruit juice factory...
Nigeria moves 15 places in World Bank’s ease of doing business ranking.
Nigeria has moved up 15 places from 146 to 131 out of 190 nations in the latest ranking of World Bank’s ease of doing business....
Nigerian startup accepted into Accelerator Program in Turkey.
Nigerian digital content distribution startup, Publiseer, has been selected for the ITU Magnet Accelerator Program taking place in Turkey from October 31 to November 5,...
Nigerian start-ups lead Africa, raise $237m
Nigerian technology start-ups have led the continent by raising the highest amount of funds (over $1m) to scale up their operations in 2019. Nigeria was...
Two Nigerian start-ups emerge semi-finalists at GITEX SuperNovaChallenge
Two Nigerian start-ups yesterday emerged semi-finalist at the Future Star contest held at the ongoing GITEX Technology Week in Dubai, UAE. The two finalists came...
Dangote Petroleum Refinery trains 200 youths.
About 200 youths from Ibeju-Lekki community in Lagos State have graduated from various skills acquisition programme organised by Dangote Petroleum Refinery as a way of...
Gift Udoh: US Honours Nigerian Lady For Contribution Towards Farming
The United States has honoured another Nigerian, Gift Udoh, who reflects the great potentials the country holds. Udoh is also a 2019 Mandela Washington fellow...
Tosin Adekeye Revolutionalizing Nigeria’s cyberspace With Estol Africa
Tosin Adekeye (cutekimani) is REVOLUTIONALIZING THE CYBERSPACE WITH ESTOL AFRICA Entrepreneur and Digital media strategist, Tosin Adekeye, popularly known as “Cute Kimani” is repositioning her...
Two Nigerian Firms Penciled For Shell’s Innovative Prize
Two Nigerian entrepreneurs have been shortlisted among 21 finalists for the Shell LiveWIRE Top Ten Innovators Awards; a global competition which highlights and rewards businesses...
Nigerian startup, EZFarming secures $150,000 investment from 500 Startups
Nigerian agritech startup, EZFarming, has received $150,000 from San Francisco-based accelerator, 500 Startups having participated in its four-month-long programme. Coming out of 500 Startups as...