30 results
- 26 Oct 2014
IFC, ARM Capital Partner to Strengthen Nigeria’s Agribusiness Sector
IFC, a member of the World Bank Group, and ARM Capital Partners, the manager of ARM Private Equity Fund, announced a joint $9.5 million equity investment in Boulos Foods and Beverages Limited to…
- 8 Jul 2026
Flutterwave Secures Circle Ventures Investment to Deepen USDC Payment
Flutterwave has secured a strategic investment from Circle Ventures, the venture capital arm of Circle Internet Group, to accelerate the expansion of its USDC payments and settlement infrastructure…
- 2 May 2014
Cisco Pumps $150m into M2M Start-Ups
Cisco Investments the corporate venture capital arm of Cisco has announced it is allocating an additional $150 million over the next two to three years to fund early stage companies. The new…
- 6 Aug 2020
Access Bank Buys Zambian Cavmont Capital Holdings
The Zambian subsidiary of Access Bank has agreed to buy Cavmont Capital Holdings, the Zambian arm of Namibian financial services group Capricorn, for a nominal fee of 1 kwacha ($0.0014), Capricorn…
- 8 Feb 2010
Brokers Fret over Proposed Insurance Law on Capital
The stronghold of insurance brokers over the underwriting arm appears threatened, going by the content of the proposed law on insurance practice, which seeks to question the independence status which…
- 4 Oct 2015
Bye Bye Google, Hello Alphabet
Alphabet has replaced Google as the publicly traded company that will house Google's search and Web advertising businesses, maps, YouTube and its "moonshot" ventures such as driverless cars. Google's…
- 26 Oct 2021
Autochek Secures $13.1mn Seed Funding to Scale its Technology, Accelerate Expansion
Autochek, the automotive technology company facilitating auto financing across Africa, has today secured $13.1mn in seed funding. Co-led by follow-on investors, TLcom Capital and 4DX Ventures, the…
- 23 Sept 2021
ZOLA Electric Raises $90M from Leading Clean Energy Players
ZOLA Electric, the leading renewable energy technology company solving Energy Access and Energy Equality in emerging markets, announces the successful completion of a $90 million capital raise,…
- 4 Nov 2020
Suspected Cultists Invade MTN Office, Kill Customer
Some armed persons suspected to be cult members have invaded the office of MTN, telecom giant, along DSP Alamieyeseigha Way in Yenagoa, the Bayelsa State capital, killing a customer alleged to be a…
- 24 Mar 2023
HouseAfrica Unveils Fraud Proof Land and Real Estate Transactions Tool, Raise $400,000
HouseAfrica, a proptech Startup providing Real Estate digitalization and transparency tools today announced the unveiling of Sytemap.com - a product which enhances confidence and eliminates fraud in…
- 31 Jul 2018
Social Lender Close to Winning $5M Venture Challenge
Social Lender, a lending solution based platform on social reputation on mobile, online and social community platforms has taken a step closer to winning Connecticut’s $5 million global venture…
- 5 May 2014
Nokia Invests $100 million in Car Connectivity
Nokia, Finnish mobile communications equipment maker said it had started a $100 million fund to invest in companies working on connecting cars. The fund will be run by the company's venture capital…
- 28 Apr 2022
OnePort 365 Secures $5 million Seed Funding to Digitize Freight Management in Africa
OnePort 365, a digital freight forwarding company that makes it easier to move cargo to, from and within Africa, has raised $5 million in seed funding to drive the end-to-end digitisation of freight…
- 26 Oct 2016
Gartner Urges Insurance Firms to Investigate 'Insurtechs'
Insurance sector CIOs need to expand their market insight concerning the innovation and disruption potential of insurance technology startups (insurtechs) to complement their digital insurance…
- 20 Dec 2017
Farmcrowdy Closes on Seed Funding of $1m
Farmcrowdy, Nigeria’s first and leading digital agriculture platform which allows Nigerians to venture in and sponsor agriculture, has announced that it had closed on seed funding of $1 million from…
- 19 Apr 2022
ETAP Secures $1.5M Pre-seed Funding to Drive Car Insurance Penetration in Africa
ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding to grow its team and drive the adoption of much-needed car insurance across…
- 26 Sept 2025
PayPal Plans $100m Investment in Africa, Others
PayPal, a global online payments platform, has committed to investing $100 million in the Middle East and Africa over the next few years, focusing on start-ups while also making minority investments…
- 14 Dec 2014
Experts Seek End to ‘Killers’ of IT Innovations In Nigeria
Technology experts have identified three hurdles before startups, especially in the Nigerian Information Technology (IT) space including lack of access to finance; the right platform or…
- 1 Feb 2010
Red Star Express Injects New Vehicles To Boost Operations
Red Star Express, the leading courier and logistics solution provider in Nigeria, has reaffirmed its commitment to satisfying its clients and customers by adding several new operational vehicles to…
- 22 Mar 2026
Rockefeller, Global Energy Alliance Cross $100 million Mark in Africa Electrification Push
The Rockefeller Foundation and the Global Energy Alliance for People and Planet have crossed the $100 million threshold in funding for Mission 300, the World Bank and African Development Bank’s…
- 17 Aug 2016
Local Market Operators Lobby for Proposed MTN Listing
Some local stockbroking firms have started lobbying to be part of the proposed listing of the shares of MTN Nigeria on the floors of the Nigerian Stock Exchange (NSE). Thisday reported that though…
- 29 Jan 2016
Airtel Commissions Retail Outlet in National Assembly Complex
As part of its commercial strategy to deepen its retail presence as well as deliver telecoms services to the doorsteps of its consumers, leading telecommunications services provider, Airtel Nigeria,…
- 2 Aug 2020
NCMI Gets Accreditation, to Enhance Capital Market Development
Nigerian Capital Market Institute (NCMI) has been accredited to enhance the market development role of the Securities and Exchange Commission (SEC). Mr. Ismaila Ville, managing director of the…
- 15 Mar 2020
SEC Capital Market Institute Expands Operations
Nigerian Capital Market Institute (NCMI) is to operate from three centres in Nigeria in a bid to providing excellent capital market education to stakeholders which will help deepen the Nigerian…
- 30 Apr 2026
Shareholders of MTN Nigeria Okay N152Bn Fintech Restructuring
Shareholders of MTN Nigeria have approved a major restructuring of the company’s digital financial services arm, clearing the way for a N152.06 billion transaction that will see the telecom giant…
- 4 May 2021
HP Extends First of its Kind Partner Program to Global Retailers
HP Inc. announced the extension of HP Amplify™, a first-of-its kind global channel program to its vast ecosystem of more than1350 online pure players, omnichannel, and brick and mortar retail…
- 3 Dec 2018
Itanna Hosts Demo Day
Lagos-based accelerator and investment vehicle Itanna, backed by leading Nigerian corporate the Honeywell Group, today held its inaugural Demo Day, marking the end of its four-month innovation…
- 29 Sept 2013
FCMB Commits to Power Sector Development
FCMB Group has reaffirmed its commitment towards providing the necessary support to ensure the successful implementation of the ongoing reforms in Nigeria’s power sector. This, it stated, is in line…
- 10 Dec 2023
Fidelity Bank, Others Top List of Most Capitalized Banks in Q3 2023
Fidelity Bank, leading financial institution, has been listed as one of most capitalized banks in Nigeria based on Q3 2023 financial results. According to an article published in Thisday newspapers,…
- 9 Nov 2020
Call for Entry: Deji Alli ARM Young Talent Award 2021
The Deji Alli ARM Young Talent Award (DAAYTA) is an ARM initiative in partnership with TechnoVision’s TVC Labs that aims at providing young Nigerians with an opportunity to develop innovative…