… hub for fintech innovation. Venture capital is pouring into African startups … vast. Companies like Flutterwave in Nigeria, M-Pesa in Kenya, … in countries like Rwanda, Ghana, and Kenya are proactively … generation of tech-savvy Africans eager to solve local …

THE Department of Science, Technology and Innovation (DSTI) recently briefed Parliament on the results of its five-year Innovation Fund pilot phase, revealing that 96 startups had been supported since 2020 — but with glaring disparities in provincial …

One of Nigeria’s leading data intelligence companies, Statisense, is set to unveil Immortal AI, a groundbreaking platform designed to unlock the power of data for businesses, markets and creators across Africa. Scheduled for official launch on June 10, …

The United States and Nigeria view deepening people-to-people ties as the foundation of their relationship. Of course, Nigeria is home to American companies like Kellogg’s and Colgate-Palmolive, which have helped elevate the U.S.-Nigeria bilateral trade …

Nigeria-U.S. trade in 2024 stood at approximately $13 billion in goods and services. The United States Ambassador to Nigeria, David Greene Mills, made the disclosure yesterday in his address at the Lagos Business School, where he declared that the fear was …

. Ambassador claims over 80 major U.S. firms operate in the country The United States government has disclosed plans to unlock access for Nigerian businesses and entrepreneurs to its capital market valued at over $120 trillion as a key avenue for financing …

1 LAGOS – The United States is in­tensifying its commercial engagement with Nigeria through targeted invest­ments in infrastructure, digital technology, and ag­riculture, U.S. Ambassador to Nigeria, Ambassador Mills, announced at Lagos Business School (LBS …

Nigeria’s reputation as Africa’s economic powerhouse has faced significant strain in recent years. Foreign direct investment (FDI) plummeted by 36 percent in 2023, reaching just $698 million—the lowest in over a decade, according to the UNCTAD World …

The African Export-Import Bank (Afreximbank) and the Nigerian government-owned Bank of Industry (BOI) have announced the signing of a $75 million financing term sheet to support local manufacturers under the Presidential Initiative for Unlocking the …

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It is a crowded field for the many Nigerian fintech start-ups competing for a slice of the market in Africa’s most populous nation, …