US Auto Tariffs May Hike Vehicle Import Costs for Nigerian Buyers
Freight forwarders in Nigeria have raised concerns that vehicle importers may soon face higher costs due to plans by former...
15 Startups Selected for Inaugural AI Accelerator by Optimus Digital Future
Optimus Digital Future, in collaboration with The Nest Innovation Technology Park Ltd, has unveiled the 15 startups selected for the...
Jumia Cuts Losses Despite Revenue Drop, Eyes Expansion and Profitability in 2025
Jumia’s revenue fell by 10% in 2024 to $167.5 million as the e-commerce company continued its cost-cutting efforts. However, its...
Lagos Partners Private Sector to Tackle Youth Unemployment Through Internship Program
The Lagos State government has reaffirmed its commitment to addressing youth unemployment by collaborating with corporate and civil society leaders....
CBN Targets Single-Digit Inflation as Monetary Policies Take Shape
The Central Bank of Nigeria (CBN) is determined to bring inflation down to single digits in the medium to long...
AfDB Grants $1 Million for Emergency Food Aid in Nigeria
The African Development Bank (AfDB) has approved a $1 million grant from its Special Relief Fund to provide emergency food...
Rising Bank Charges Threaten Nigeria’s Financial Inclusion Gains
Financial experts are raising concerns that the increasing number of charges on financial transactions in Nigeria could reverse the...
Nigeria Eyes $9 Billion Cocoa Market with BII’s $40.5 Million Investment
Stakeholders have expressed confidence that Nigeria can triple its cocoa production to 900,000 metric tonnes, significantly increasing earnings from $3...
Microsoft Invests $1 Million to Train One Million Nigerians in AI
Microsoft has announced a $1 million investment aimed at equipping one million Nigerians with artificial intelligence (AI) skills, marking a...
Facebook to Automatically Delete Live Videos After 30 Days
Meta, the parent company of Facebook, has announced a major policy shift regarding live video storage on the platform. Beginning...
