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Monday, June 1, 2020

Why startups fail in Nigeria – DG NITDA

The Director General of the National Information Technology Development Agency (NITDA), Isa Ali Pantami has said that many start-ups in Nigeria failed because owners failed to re-invest their money on the product they were working on. Speaking at the 3rd edition of the Star-tup Clinic...

Remita Seed Fund Invests N3m In 3 Nigerian Startups

Remita Seed Fund, a venture capital arm of SystemSpecs, leading financial technology firm and owner of Remita, has given financial support of N3 million to three technology startups. Each of the companies received N1 million to accelerate their venture. The beneficiaries, Temie Giwa-Tubosun of LifeBank...

6 Things Nigerian Startups Are Worried About

by Adeniyi Ogunfowoke Startups are the backbone of any economy. They are established by young Nigerians who make efforts to secure capital and start something on their own. This is not a simple task. Ask any young person who owns a business, you will be...

Cash Flow Problems Your Small Business Is Likely To Experience

by Adeniyi Ogunfowoke Cash or money is important to the proper, effective and smooth running of any business or enterprise. It is, therefore, safe to say that without money, your business will collapse. As a result, Jumia Travel, the leading online booking agency discuss some cash...

Development Bank of Nigeria will focus on SMEs to support nations economy – Adeosun

The Minister of Finance, Kemi Adeosun, has stated that the Development Bank of Nigeria is being positioned to galvanise the Small and Medium Scale Enterprises sector for the overall development of the nation’s economy. According to Adeosun, the present administration is aware of the role...

Ecobank launches US$500,000 Fintech Challenge for African start-ups and innovators

Lomé, 31 January 2017 - Ecobank, the leading independent pan-African banking group, has launched Ecobank Fintech Challenge, a competition for African technology start-ups to build and deploy innovative fintech and banking solutions across the continent.  Ecobank is currently accepting applications at http://ecobankfintech.com/ from start-ups...