Nigerian fintech startup Raenest has secured $11 million in a Series A funding round led by QED Investors, positioning the company for expansion across Africa and...
Shopify Inc. has taken down an online store promoted by rapper and designer Kanye West, known as Ye, after it was found selling shirts featuring a...
Nigeria’s leading telecom operator, MTN, has begun a phased implementation of a 50% tariff hike following approval by the Nigerian Communications Commission (NCC) in January. The...
The Federal High Court in Lagos has ruled in favor of the Federal Competition and Consumer Protection Commission (FCCPC) in a legal dispute involving MTN Nigeria...
African startups raised $289 million in January 2025 despite rising global uncertainty. This represents a 240% increase from the $85 million secured during the same period...
Chairman of the United Bank for Africa (UBA) Group, Tony Elumelu, has called for increased access to capital and mentorship to support Africa’s growing entrepreneurial ecosystem....
Flutterwave has delayed its much-anticipated initial public offering (IPO) as the company’s Chief Executive Officer Olugbenga Agboola said the payments giant will only proceed with a...
The Federal Government has announced plans to deploy 90,000km of backbone fibre infrastructure as part of an ambitious effort to increase broadband penetration to 70% by...
The Nigeria Labour Congress (NLC) has suspended its planned one-day nationwide protest against the proposed 50 per cent hike in telecom tariffs following a late-night meeting...
The Coalition of Human Rights Monitoring Groups (CHRMG) has criticised the Nigeria Labour Congress (NLC) over its planned nationwide protest against the recent 50% telecom tariff...
