African Startups Raise $600M in Q1 2026, Equity Drops 27%
African startups raised $600 million in Q1 2026, driven by debt funding. Equity fell 27% to $290 million, while debt surged sixfold to $305 million.
Category : Business
Lagos Unveils 'Blue Book' for Land Valuation Reform
Lagos State launches revised Fair Market Value framework and 'Blue Book' to enhance transparency, accuracy, and ease of doing business in land transactions.
Nigeria Targets Blue Finance at Ocean Conference
Nigeria is pursuing blue finance partnerships at the Our Ocean Conference in Mombasa, aiming to mobilize resources for sustainable blue economy projects across Africa.
Nigeria Seeks Bigger Shea Value Share at Accra Summit
Nigeria aims to increase its share of the global shea value chain at the Shea 2026 summit in Accra, promoting domestic processing and regional cooperation.
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Jet A1 Crisis Deepens: Airlines Warn of Shutdown
Nigerian airlines warn of shutdown as Jet A1 prices soar. Ibom Air reports over 350% cost surge, while Air Peace reduces London flights. Operators urge government intervention.
StartupHR Africa Empowers Women in HR via SheMentors-HR
StartupHR Africa's SheMentors-HR initiative mentored over 30 women in HR, featuring leaders from Mono, Helium Health, and others to build strategic HR capabilities.
GIZ Invests N9 Billion in Northwest Agric-Business
GIZ has invested N9 billion to support agricultural transformation in Nigeria's Northwest region, benefiting over 30,000 farmers in Kano, Kaduna, and Kebbi states.
Nigerian Telecom Users Await Compensation for Poor Service
Nigerian telecom subscribers express frustration as NCC-directed compensation for poor service remains unpaid, raising concerns about trust in regulators and operators.
Leadership Lessons from Scaling People-First Agencies in Africa
CEO Adim Isiakpona shares insights on balancing empathy and structure to lead creative teams across diverse African markets, emphasizing trust and local context.
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Johns Hopkins Conference Ties Africa's Future to Infrastructure
Global leaders at Johns Hopkins conference discuss Africa's role in global infrastructure battles, AI's physical footprint, and sustainable business models.
NEPC Strengthens Women's Participation in Nigeria's Exports
NEPC reaffirms commitment to women-led businesses in Nigeria's non-oil exports, targeting global value chains amid record $6.1 billion trade in 2025.
Empowering Rural Women Boosts Food Security, Self-Reliance
NEWOMCII urges Nigerian government to support grassroots agriculture and women empowerment in arts and crafts to enhance food security and self-reliance.
Ibom Air to Launch Uyo–Accra Flight on May 2
Akwa Ibom State announces maiden international flight from Uyo to Accra on May 2, 2026, operated by Ibom Air, following presidential approval for airport upgrade.
7 Checks Before Buying a Used Car in Nigeria
Buying a used car in Nigeria? Avoid costly mistakes by checking engine, documents, mileage, transmission, suspension, electronics, and accident history.
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Ijeawele Group Launches Hire-Purchase App for Drivers, Investors
Ijeawele Group unveils a hire-purchase driver app to empower drivers and investors through digital asset ownership, with over N800 million in assets sold.
Itel Power Tank Review: Nigerian Man Shares Cost and Duration
A Nigerian man shares his honest review of the Itel Power Tank, revealing how long it lasts and the total cost. He charges multiple devices and plans to add solar panels.
Telecom Operators Warn ₦400bn Airtime Credit Market at Risk
ALTON calls for urgent resolution of regulatory dispute over Nigeria's airtime credit market, warning of risks to consumers, investors, and regulatory credibility.
Vancouver Rejects FIFA Motorcade Request for Infantino
Vancouver police deny FIFA's request for a Level 4 motorcade for Gianni Infantino, citing cost and traffic disruption concerns.
Ndume Hails Tinubu's N68bn Maiduguri Power Plant Aid
Former Senate Leader Ali Ndume praises President Tinubu for approving N68bn operational support for Maiduguri Emergency Power Plant, citing economic and security benefits.
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Ndume Praises Tinubu’s ₦68bn Maiduguri Power Plant Funding
Former Senate Leader Ali Ndume commends President Tinubu for approving ₦68 billion to sustain the Maiduguri Emergency Power Plant, boosting economy and security in Borno.
MTN, Airtel Reassign Old Numbers: Key Facts for Nigerians
ALTON clarifies that phone numbers in Nigeria are government-owned, recycled after inactivity, and new users are not liable for previous owners' activities.
Reps Approve Tinubu's $516m Loan for Highway
Nigeria's House of Representatives approved President Tinubu's request to borrow $516 million for the Sokoto-Badagry Superhighway, aimed at boosting connectivity and economic growth.
Man With Loan-Funded Solar Panels Stopped by Landlord
A Nigerian man who borrowed money to buy solar panels shared his landlord's refusal to let him install them on the roof, citing fire risks and roof type.
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Yaba Residents Protest Poor Power Supply in Lagos
Residents of Yaba, Lagos, protest at Ikeja Electric over six-month blackout, accusing the company of discrimination and corruption amid Nigeria's ongoing electricity crisis.
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5 Rainy-Season Diseases and Prevention Tips
Learn about common rainy-season diseases in Nigeria like malaria, cholera, and typhoid, and discover effective prevention tips to keep you and your family safe.
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FG Orders Fuel Marketers to Sell Jet Fuel on Credit
Nigeria's Federal Government directs fuel marketers to offer airlines a 30-day credit window and direct sales to ease jet fuel crisis and prevent flight disruptions.
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Xiaomi Launches REDMI A7 Pro in Nigeria with HyperOS 3
Xiaomi introduces REDMI A7 Pro in Nigeria with a 6.9-inch display, 6000mAh battery, and HyperOS 3. Available in four colors starting at ₦126,300.
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8 Best ISPs for Remote Workers in Nigeria: Plans & Pricing
Compare top internet providers in Nigeria for remote work: Spectranet, ipNX, Starlink, and more. Find plans, pricing, and coverage to stay connected.
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Baobab Bank Opens Women's Rehab Centre Deborah's Haven
Baobab Microfinance Bank partners with CCRI to launch Deborah's Haven, a rehabilitation and reintegration centre for women with substance dependency, deepening its social impact.
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Dividend Season: How Nigerians Are Cashing Out Smartly
Learn how Nigerians are making money during dividend season through equity investments. Discover how platforms like i-invest make it easy to start with as little as ₦100.
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