Nigeria startups get $343m in 2025's $3.2b African funding
African startup funding surged 40% to $3.2 billion in 2025, breaking a two-year decline. Nigeria secured $343 million. Discover the key trends and top-performing countries.
Category : Search result: Student Venture Capital Fund
TotalEnergies Divests 10% Stake in Renaissance JV to Vaaris
TotalEnergies EP Nigeria signs agreement to sell its 10% interest in Renaissance JV assets to Vaaris. The deal involves 15 oil licences and marks a major portfolio restructuring. Read the full details.
Nigeria Tops Pre-Seed Funding as Continental Investor Pool Shrinks
A new report reveals a worrying drop in pre-seed investors across Africa, with Nigeria among the 'Big 4' attracting most capital. Experts call for $120m yearly to fix the innovation pipeline gap. Read the full analysis.
NELFUND disburses N927m to 11,685 students
NELFUND resolves payment issues, disbursing N927 million in unpaid upkeep allowances to 11,685 students. The fund also reports onboarding 325 institutions for the new session.
NELFUND disburses ₦927m upkeep allowances to 11,685 students
NELFUND begins payment of ₦927 million in unpaid upkeep allowances to 11,685 students for the 2024/2025 session. MD Akintunde Sawyerr announces expansion of loan scheme outreach. Read more.
United Capital Infrastructure Fund Appoints New Investment Committee
United Capital Plc appoints four independent experts to its Infrastructure Fund's Investment Committee to drive sustainable growth and impact across Nigeria and Africa. The fund has achieved a 24.62% YTD return.
NANS Demands Release of 52 Arrested AAU Students
NANS condemns the detention of 52 Ambrose Alli University students arrested after a protest against kidnapping. It demands their immediate release and action on campus insecurity.
22 Banks Secure as 2026 Recapitalization Deadline Nears
As the March 31, 2026 deadline looms, 22 of 34 Nigerian banks have secured their licenses under new CBN capital rules. Find out which banks are safe and what mergers are reshaping the sector.
FUNAAB Student Rages Over Lecturer's Loss of N500k Earring
A FUNAAB student's viral outburst after a lecturer reportedly threw away his expensive earring sparks debate. He destroyed his ID card and vowed to quit school. Read full story.
African startups raise $3.2bn in 2025 funding
African startups, led by energy and fintech sectors, raised $3.2 billion in 2025, marking a 40% year-over-year increase and a strong rebound from previous declines. Discover the key players and trends.
OAU Student Timilehin Toromade Dies in Sleep
The Obafemi Awolowo University community is in mourning after 18-year-old medical student Timilehin Adetoye Toromade died in his sleep. The university management has expressed shock and offered condolences.
OAU Medical Student Dies in Sleep, University Mourns
The Obafemi Awolowo University community is in mourning after Part Three medical student Timilehin Toromade, 18, died in his sleep. The university pledges support and investigation.
18-Year-Old OAU Medical Student Dies in Hostel
Obafemi Awolowo University announces the tragic death of 18-year-old medical student Timilehin Adetoye Toromade in his sleep. The university community is in mourning.
OAU Medical Student Dies Suddenly in Campus Residence
Obafemi Awolowo University mourns the sudden death of part-three medical student Timilehin Toromade. Details emerge as tragedy strikes weeks after UNIJOS accident. Read full report.
RMB Nigeria Meets CBN Capital Requirement Ahead of Deadline
Rand Merchant Bank Nigeria has successfully met the CBN's new N50 billion minimum capital requirement for merchant banks, achieving the milestone in December 2025. This move strengthens regulatory compliance and market confidence.
NANS Urges Probe of ITF Over Delayed SIWES Allowances
Nigerian students demand federal investigation into ITF's failure to pay SIWES allowances for years, citing hardship and fund mismanagement allegations. Read the full story.
Nasarawa Poly Student Found Dead in Compound
Linus Victor Chukwuemeka, an HND II Computer Science student at Federal Polytechnic Nasarawa, was found deceased in his compound. Details on the tragic incident and ongoing investigation.
Nigerian SS1 Girl Sells Pap, Tops Class of 35 Students
Favour Chiugo Onovo-Edeugo, an SS1 student in Enugu, sells pap to pay school fees and support her family while emerging as the best in her class. Her viral story inspires calls for support.
NOUN Student Dies After Collapsing in Exam Hall
A National Open University student died after collapsing during a test at the Victoria Island centre. Eyewitnesses allege a lecturer delayed help. Read the full investigation.
LSSTF Deploys Team to Monitor Security Assets in Lagos
Dr Ayo Ogunsan, LSSTF boss, deploys a monitoring team to ensure accountability and transparency in the use of security resources. Read how this move aims to boost public trust.
Experts Urge Sweeping Mortgage Reforms in Nigeria
Financial regulators and housing experts warn Nigeria's economic growth is limited without affordable housing finance. Learn about the N250bn MRIF fund and new strategies.
SAHCO Honoured as Best SIWES Employer 2025 by ITF
Skyway Aviation Handling Company (SAHCO) Plc receives the 'Best Employer in SIWES Student Acceptance 2025' award from the Industrial Training Fund for its commitment to training Nigerian students. Read more.
SEEDAN Praises Tinubu's N50bn Seed Industry Fund
SEEDAN lauds President Tinubu for approving a N50 billion catalytic fund to strengthen Nigeria's seed sector, boost agribusiness, and enhance national food security. Learn how this impacts farmers.
Man Studies Law for 8 Years, Denied Certificate
A Nigerian man shares his heartbreaking ordeal of spending eight years studying law at a university only to be told he is not a student and denied his certificate. Read his full story and public reactions.
SEEDAN Commends Tinubu Over N50bn Seed Industry Fund
SEEDAN lauds President Tinubu for the N50bn Seed Industry Catalytic Fund, a major boost for food security. The association also announces key milestones, including ISF membership.
NSIA's 2025 Review: $3B Assets, Key Projects
Nigeria's Sovereign Wealth Fund, NSIA, surpasses $3 billion in assets in 2025, launching major projects in healthcare, renewable energy, and tech innovation. Read the full review of a year of progress.
Nigerian Student on Scholarship Expelled Abroad
A Nigerian student studying abroad on a scholarship was reportedly expelled for excessive absenteeism, highlighting the strict rules international students face. Read the full story and reactions.
TikTok Signs Deal to Avert U.S. Ban Threat
TikTok forms a U.S.-based joint venture with Oracle and others to protect American user data, ending a long standoff and securing its 170 million users. Read the full details.
UAE's $1bn AI for Development Initiative Targets Africa
The UAE has launched a $1 billion 'AI for Development' initiative to finance AI projects in Africa, aiming to enhance digital infrastructure, government services, and productivity across the continent.
TikTok Deal Ends US Ban Threat, Oracle and MGX Invest
TikTok secures a joint venture with Oracle and Abu Dhabi's MGX to continue US operations, avoiding a ban over Chinese ownership. Key facts and implications explained.
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