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Safe vs Convertible Notes: Navigating financing options in Nigeria
Introduction Financing is an important component of every company’s formation and growth. For early-stage companies, founders often face the important decision of selecting the investment model that best supports the company’s development. While there are several financing options available such...
Entering Nigeria’s Venture Capital Market: Regulatory clarity, capital thresholds, and structuring pathways for investors
Introduction Nigeria’s venture capital (VC) sector has evolved from an informal, relationship-based market into a structured ecosystem shaped by various laws and regulatory requirements including regulations provided by the Securities and Exchange Commission (SEC). As local and international VCs p...
Project New Nigeria expands education support in Bayelsa
Project New Nigeria has extended its student support programme to Niger Delta University, awarding scholarships and digital devices to students as part of a wider effort to improve access to education and civic participation in the Niger Delta. The initiative, founded by Samuel Kaley Nzidee, held th...
FG raises workers’ allowances to cushion economic hardship
…approves 100% exit package The federal government approved an increase in peculiar allowances and other welfare benefits for civil servants on Friday, in a new push to cushion prevailing hardship by increasing take-home pay. The new scheme also provides 100% of a retiree’s full emolument...
Family offices emerge as Nigeria’s quiet response to tax transparency push
As Nigeria expands tax surveillance and real-time reporting systems, wealthy individuals are increasingly turning to structured family offices to manage assets, maintain compliance, and retain control over their financial affairs. This shift reflects a growing adjustment in how private wealth is str...
Twenty-nine women leaders complete training to boost Nigeria’s health sector
Twenty-nine women leaders across Nigeria’s health sector have completed the 2025 Nigeria Leadership Journey(NLJ), a 12 month leadership development programme delivered through a partnership between WomenLift Health and Women in Leadership Advancement Network. The programme culminated in a two day ...
Ogun Commissions Summit Factory in Ota
The Ogun State Government has commissioned the ultra-modern manufacturing facility of Summit Household Solutions, in Ota, further strengthening the state’s position as a major industrial hub while advancing efforts to improve public health and hygiene standards across the country. Summit House...
Àrgentil Capital gets $75m backing for SME fund across Nigeria, Ghana
Àrgentil Capital Management Limited has secured international backing to advance plans for a $75 million private equity fund targeting small and medium-sized businesses in Nigeria and Ghana, in a move aimed at unlocking domestic pension capital for a segment long starved of funding. The Lagos-based...
Africa Re doubles profit as gross premium rises to $1.34bn FY
The African Reinsurance Corporation (Africa Re) has announced its financial performance for the year ended 31 December 2025, with gross premiums rising to $1.34 billion, representing a 10.18 percent year-on-year (YoY) increase. This is as net profit also rose by 50.6 percent year on year to close at...
Tinubu expresses solidarity with Gulf states amid Iran war attacks
President Bola Tinubu has conveyed Nigeria’s solidarity with Gulf countries affected by attacks in the US-Israel war with Iran, describing the crisis as a threat to global peace that demands collective resolve. Tinubu made the remarks on Thursday at the State House in Abuja while receiving let...
Shettima calls for aggressive PPP expansion to drive $1trn-economy target
…NCP says efforts on to bridge 5.6 million metering gap, end estimated billing ….Says 1,437,000 metres already procured Kashim Shettima, the vice president on Thursday called for an aggressive expansion of public-private partnerships (PPPs) to drive Nigeria’s economic ambitions, as the...
Tinubu congratulates Oreofe, 2026 African spelling bee champion
President Bola Tinubu on Thursday, congratulated 14-year-old Adeolu Oluwadamilola Oreofe for winning the 2026 African Spelling Bee competition in the Junior Category of the event held recently in Harare, Zimbabwe. Bayo Onanuga, Special Adviser to the President on Information and Strategy, said in a ...
Gathering on 100 5-aside tourney off to flying start at National Stadium
The 5-aside tournament at The Gathering on 100 got off to an exciting start with knockout fixtures delivering goals, intensity and early statements at the National Stadium, Surulere. With the competition opening in a knockout format, teams approached their first games with urgency, knowing any slip ...
Inclusion Is a Design Choice: Rethinking Women’s Leadership and Governance in Nigeria
For years the debate on women’s leadership in Nigeria has been framed as a pipeline problem. The claim has been that there are not enough qualified women to take on leadership roles across business, government and politics. That argument no longer stands. Nigerian women today are among the most ed...
Unilever Nigeria sustains growth momentum in Q1 2026 unaudited results
Unilever Nigeria Plc has announced its unaudited financial results for the first quarter ended 31 March 2026, delivering a 26 percent increase in revenue to N59.2 billion, compared to N46.9 billion in the same period last year. Operating profit rose by 39 percent to N11.5 billion, up from N8.3 billi...
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