News

​Applications are now open for iHatch Cohort 4, a fully remote, government-backed startup incubation program designed to support Nigerian entrepreneurs in transforming innovative ideas into scalable businesses. The program is...

The Nigeria Customs Service (NCS) has intercepted contraband goods valued at over ₦921 billion at Apapa Port, Lagos, between January and April 2025. This significant seizure includes unregistered pharmaceuticals, expired...

In a surprising twist, the embattled Crypto Bridge Exchange (CBEX) platform, at the heart of an alleged ₦1.2 trillion digital investment fraud that reportedly affected over 600,000 Nigerians, has resumed...

The Regional Off-Grid Electricity Access Project (ROGEAP), in partnership with Ecobank Nigeria, has launched a three-day Entrepreneurship Business Training workshop in Lagos aimed at empowering 50 small and medium-sized enterprises...

MTN Nigeria Communications Plc has reported a remarkable financial turnaround in the first quarter of 2025, achieving a record-breaking service revenue of ₦1.06 trillion—a 40.5% increase compared to ₦752.98 billion...

Effective May 1, 2025, several Nigerian banks, including Guaranty Trust Bank (GTBank) and Ecobank Nigeria, will increase their SMS transaction alert fees from ₦4–₦5 to ₦6 per message. This adjustment...

The Corporate Affairs Commission (CAC) has announced a six-week ultimatum for all businesses operating in Nigeria without official registration to comply with regulatory requirements or risk facing legal consequences. This...

​The OST Program, a Pan-African pre-seed accelerator co-developed with Columbia Engineering and Columbia Business School, is currently accepting applications for its 2025 cohort. This five-month hybrid program is designed to...

Nigeria’s fiscal struggles deepened in January 2025 as the Federal Government’s debt servicing costs surpassed its retained revenue by a wide margin, according to the Central Bank of Nigeria’s (CBN)...

​The Nigerian National Petroleum Company Limited (NNPCL) is under intense scrutiny following the failure of its $897 million rehabilitation project for the Warri Refining and Petrochemical Company (WRPC). Despite the...