The Nigerian Communications Commission (NCC) says the upcoming spectrum auction for 5G services will hold December 13, 2021. Oluwatoyin Asaju, director of spectrum administration at Nigerian Communications Commission (NCC), announced this on Thursday at a stakeholders’ consultative…
In nine months to September 30, 2021 total value of equities traded on the Nigerian Exchange Limited (NGX) was N1.33trillion, though it represents a slight decrease compared to N1.34trillion same period in 2020, according to the latest…
Statista, a globally renowned market and consumer data firm, has rated KongaPay as Nigeria’s leading provider of digital payment services for e-commerce transactions. KongaPay is a a Central Bank of Nigeria (CBN)-licensed fintech platform. It is one…
To improve Nigerian Meteorological Agency (NiMet’s) marine meteorological programmes and activities, the Agency has planned and began executing projects in the marine sector that will cost over N2 billion over the next two years. Over the years,…
Lagos-based startup smallChops is planning on expanding to other cities in Nigeria and across Africa having seen an average 20 per cent month-on-month growth since the onset of the COVID-19 pandemic. Formed in August 2016 and first…
Blockchain payment platform, Bitmama has raised $350,000 pre-seed funding to expand its product offerings into other African countries. The round was led by San Francisco-based VC, Flori Ventures, with participation from Nigeria-based VCs, Emergence Capital, Fedha Capital,…
The Federal Executive Council on Wednesday approved N3.11bn for contracts in the Ministries of Education and Communication and Digital Economy. The Minister of Information and Culture, Lai Mohammed, disclosed this while briefing State House correspondents at the…
Kaduna Economic and Investment Summit (KADINVEST) has attracted $2.6 billion investments to Kaduna state with the sixth edition scheduled for September 23 to 24, 2021, the Executive Secretary, Kaduna Investment Promotion Agency (KADIPA), Hajiya Umma Aboki, has…
In a move that could become a major boost to the Nigerian economy, a syringe manufacturing company in the country is set to export its products to Germany. The company, Jubilee Syringe Manufacturing Ltd, is based in…
Edo Government is targeting expansion of the frontiers activities of Micro, Small and Medium Enterprises (MSMEs) for exportation purposes, at the 2021 edition of the Edo Trade Fair. Mrs Aina Omo-Ojeonu, the President of Benin Chamber of…
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