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Nigerian Banks Raise $662M in New Capital as Stocks Jump 12.24%. Nigerian banks have recently experienced a significant boost in their stock prices, following a successful capital raise of over ₦1 trillion (approximately $662 million). This surge began on January…
P1 Ventures, a venture capital firm that supports early-stage businesses in Africa, has just announced that it has secured its first institutional fund with a total of $50 million. This exciting news comes as the firm has gained support from…
Digital marketing trends show you what is coming. They show which tools and strategies you can use to remain ahead of the competition and also how companies are coming up with new ways to connect with customers. As marketers, there…
Uzo Oshogwe Transcorp Hotel CEO: Transcorp Hotels Plc has announced the appointment of Mrs. Uzo Oshogwe as its new Managing Director/Chief Executive Officer (MD/CEO), effective January 1, 2025. Currently the MD/CEO of Afriland Properties Ltd, she will bring with her…
Salesforce Closes Deals For Agentforce: Salesforce has achieved a significant milestone by closing over 1,000 paid deals for “Agentforce”. Its innovative platform is designed for creating virtual representatives powered by artificial intelligence, as announced by CEO Marc Benioff to Reuters…
Senate New Insurance Bill: The Nigerian government has ushered in a new change to the insurance system. The Senate, on Tuesday, passed the Nigerian Insurance Industry Reform Bill, 2024. In the capital requirement enshrined in the bill, a person shall…
Juicyway Secures $3 Million Funding: Juicyway, a Nigerian startup specializing in cross-border payments, has announced a successful $3 million pre-seed funding round. The funds will enable the company to strengthen its marketing and business development teams, enhance its technology, and…
Access Bank Stake In Bidvest Bank: Access Holdings says its banking subsidiary, Access Bank Plc, has entered into a binding agreement with South African-based Bidvest Group Limited for the acquisition of a 100 percent equity stake in Bidvest Bank Limited.…
Huawei Nigeria Local Cloud: Huawei, a global technology leader has launched its local cloud service in Nigeria. Themed: “Leap Now With A Better Cloud”, the launch signifies Huawei’s dedication to driving digital transformation in Nigeria by providing localised, secure, and…
Binance CEO Richard Teng has encouraged the cryptocurrency community to prioritize education and deeper engagement with the technology behind digital assets. Cryptocurrency Beyond Hodling and Flipping Tokens Posting on social media platform X Friday, Teng stated: Crypto isn’t just about…
