News
IFC and Goldman Sachs Partner with African Banks to Empower Women Entrepreneurs
The International Finance Corporation (IFC) and Goldman Sachs have partnered with leading African banks, including Nigeria’s Zenith Bank and Stanbic...
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Accion Microfinance Bank to Provide N60 Billion Loans For MSMEs
Accion Microfinance Bank has announced plans to provide approximately ₦60 billion in loans to micro, small, and medium-scale enterprises (MSMEs)...
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How to Overcome the sting of Failure as a Business Owner
As the year draws to a close, business owners are diving into their account books to assess the year’s performance....
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Nestlé Nigeria Expands Rural Women Empowerment Initiative to Include 50 Female Retailers
Nestlé Nigeria has expanded its Empowering Rural Women in Nigeria Project to Calabar, onboarding 50 new female retailers as part...
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U.S. Embassy Opens Application Window for Nigerian Organizations to Apply for Education Grant
The U.S. Mission in Nigeria is calling for qualified organizations to apply for a grant aimed at empowering low-income, talented...
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NAFDAC Cracks Down on Sachet Alcohol Sales, Seizes Illicit Beverages in Owerri
The National Agency for Food and Drug Administration and Control (NAFDAC) has ramped up its enforcement of the federal government's...
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NMDPRA Debunks Gas Supply Suspension to GENCOs Over Debts
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has dismissed claims that it instructed wholesale gas suppliers to cut...
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Billboxx Secures $1.6M Pre-Seed Funding to Solve SME Cash Flow Challenges Across Africa
Billboxx, a billing-to-payment platform designed to streamline cash flow for African businesses, has raised $1.6 million in a pre-seed funding...
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US Embassy Issues New Directive for Nigerian Visa Applicants
The United States Embassy in Nigeria has announced changes to its immigration visa procedures, effective January 1, 2025. Immigrant visa...
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Nigeria’s PoS Terminals Soar to 3.04 Million Amid Cashless Shift
As of July 2024, the number of Point of Sale (PoS) terminals deployed across Nigeria surged to 3.04 million, marking...
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