The Senate has approved and passed the Bill on Mutual Assistance in Criminal Matters between Nigeria and other Foreign States. The executive bill presented to the Senate by President Muhammadu Buhari provides for the repeal of the…
The Federal University of Technology, Akure, announced on Tuesday that it would on Thursday launch a satellite into space in partnership with other local and international organisations and countries. The university said the satellite belonged to Japan,…
Nigeria’s trade volume with the United States (U.S.) reached $5.3billion in 2015, the Nigerian Ports Authority (NPA) said yesterday. Speaking at a trade forum organised by the NPA to welcome the Miami-Dade County, Florida Business Development Mission…
The Acting President, Yemi Osinbajo, has signed into law two bills that will ultimately facilitate access to more affordable credit for Nigerians. The bills were earlier passed by the National Assembly and were part of efforts of…
The financial services industry dominated in volume terms at the end of last week’s transactions on the trading floor of the Exchange with 1.629 billion shares valued at N14.501 billion traded in 11,893 deals, thus contributing 86.80…
The Federal Government on Thursday inaugurated the Board of the Solid Minerals Development Fund, signifying the take-off of the fund for which President Muhammadu Buhari had in December 2016 approved N30bn. Inaugurating the board in Abuja, the…
EchoVC+ recently co-led a $22m investment round into Frontier Car Group (‘FCG’), the firm that operates Cars45 in Nigeria, VendeNosTuAuto in Chile, VendeTuAuto in Mexico, CarFirst in Pakistan and Ototrink in Turkey. Out of the $22m FCG raised, Cars45…
The Oil and Gas Free Zones Authority, OGFZA, yesterday, signed an agreement with Oracle for the deployment of Cloud services to power its operations. According to the company, the Oracle Cloud solution is expected to guarantee that…
Zeno Ventures has invested an undisclosed amount in Tizeti, a startup that aims to provide unlimited WiFi access across Nigeria. These new funds secured by Tizeti will help it expand its services across Africa. Interestingly, Tizeti is…
A total of four startups from Nigeria will be part of the fourth class of Google’s Launchpad Accelerator. The selected startups are Delivery Science, which provides Enterprise Supply Chain Software as a Service (SaaS) solution to companies operating…