Meta Begins Laying off 3000 Employees in Africa
Meta has begun another wave of job cuts, affecting 3,000 employees across Africa, Europe, and Asia. The layoffs, which started...
Proven Financial Services to Raise N60 Million for Agribusiness Expansion
Proven Financial Services Ltd has announced plans to raise N600 million through a private placement in the capital market to...
EKEDC Rolls Out Free Prepaid Meters for Band A Customers Under Federal Metering Scheme
Eko Electricity Distribution Company (EKEDC) has commenced the distribution of free prepaid meters to Band A customers within its network...
NAMIP Launches Case Studies Highlighting Media Innovation in Nigeria
The Nigeria Media Innovation Program (NAMIP), funded by the MacArthur Foundation and implemented by the Media Development Investment Fund (MDIF),...
IFC Invests $50 Million in Lagos Free Zone to Boost Nigeria’s Industrial and Economic Growth
The International Finance Corporation (IFC) has announced a significant equity investment of up to $50 million in Lagos Free Zone...
Lagos Partners with Lafarge to Recycle Pure Water Sachets, Strengthening Ban on Single-Use Plastics
The Lagos State Government is advancing its environmental sustainability agenda through a strategic partnership with Lafarge to repurpose pure water...
Six Varsities to Benefit From N10m Student-Entrepreneurs, Small-Scale Businesses Grants
Stability and Sustenance, in collaboration with Engraced Events, is set to empower student entrepreneurs across Nigeria with over N10 million...
100 Women Get Business Boost As Foundation Funds CAC Registrations
In a drive to boost economic growth and support small businesses, the Toyin Amuzu Foundation (TAF) has provided free business...
Banks Reject N4.8bn in Investor Subscriptions Amid Recapitalization Drive
Four Nigerian banks—Zenith Bank, Access Holdings, FCMB Group, and Fidelity Bank—have rejected a total of N4.8 billion in investor subscriptions...
Nigeria, IFC Explore Capital Market for Infrastructure Funding
The Federal Government has begun discussions with the International Finance Corporation (IFC), a member of the World Bank Group, on...
