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Naira Gains Strength as US Dollar Weakens

The Nigerian naira showed signs of recovery on Monday, strengthening against the US dollar in the official market. This positive movement comes as the...

Student Co-Working Startup Turns Profitable In Just 4 Months

In 2020, while still a second-year student at the University of Nigeria Nsukka (UNN), Raymond Chuma-Onwuoku, co-founder and CEO of The Garage, began his...

Nigerian Startup Thepeer Refunds Investors After Failing to Scale

Thepeer, a Nigerian fintech startup that shut down in April 2024, has returned $357,960 to its investors, completing the process of winding down the...

OPay Set to Generate N91 Billion from Nigeria’s New Transaction Levy

Starting Monday, financial institutions in Nigeria will implement a new N50 electronic transaction levy on deposits of N10,000 and above. This new regulation, part...

Opportunity Alert! Grant Money Available for Young African Entrepreneurs

The National Youth Service Corps (NYSC) in Nigeria is encouraging young people to apply for grants from the Tony Elumelu Foundation. This is a...

RCCG Launches Initiative to Empower Members with Small Businesses

On September 8, 2024, the Redeemers’ Men’s Fellowship (Anchor 2024) unveiled its plans to support its members in starting small-scale businesses. This initiative aims...

NIMASA Scandal: Assistant Director Embezzles £1.07m, Leaving 170 Nigerian Students Stranded Abroad

A shocking scandal has rocked the Nigerian Maritime Administration and Safety Agency (NIMASA) after it was revealed that an Assistant Director, Irene Macfoy, embezzled...

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