Recent Posts

FG offers free business registration for 250,000 MSMEs

The Federal Government, under its recently launched Survival Fund Scheme, has offered free business registration for 250,000 Micro, Small and Medium Enterprises (MSMEs) nationwide. The Minister of State for Industry, Trade and Investment, Amb Mariam Katagum, disclosed this in an...

Stripe acquires Nigerian fintech startup, Paystack for about $200 million

Stripe, a leading American financial services tech company has acquired Nigerian fintech startup Paystack to expand into the fast-growing online market in Africa, the companies disclosed. The acquisition, reportedly worth $200 million, further deepens the growing interests of fintech giants...

Registration is on for the FGN COVID-19 N75bn MSME survival fund

Interested applicants have started registration for the N75bn National MSME Survival Fund and the Guaranteed Off-take Stimulus schemes under the Nigeria Economic Sustainability Plan. The registration for the MSME Survival Funds commenced on Monday 21st September 2020. The two MSMEs...

TradeDepot Raises $10m Pre-Series B Funding

TradeDepot, a Nigerian B2B startup with e-commerce platform for consumer goods in Africa, has raised US$10 million in a pre-Series B equity funding to expand into other African cities and launch a suite of financial products and credit facilities for...

Managing The Covid-19 Impact: Tips to Note

Since recording the index case of Covid-19 in Nigeria in February 2020 and the spill-over impact from countries already impacted, businesses in Nigeria and the economy at large has faced massive economic shock that has made planning for the next...

Fresh lifeline for SMEs to restructure and repay loans

With the lingering negative impact of Covid-19 on businesses, SMEs will now enjoy further respite through the African Guarantee Fund (AGF), a non-bank financial institution that is jointly owned by the Danish and Spanish governments as well as the African...

Nigeria based Helium Health Raises $7m in New Funding Round

Helium Health, an healthcare records management startup, raises $7million to boost its operations and reach. The company, started in 2014, is poised to digitize Nigeria’s health sector by helping hospitals transition from the paper-based records system to a smart digital...

Happy Workers Day!

Dear Comrades, we use this opportunity to salute the contribution and dedication of all workers to the success and growth of their respective organisations. Particularly at this time, we salute the courage and determination of our healthcare colleagues and other...