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Latest Start-up news from Nigeria’s technology hub, Yaba, Lagos state, seed funding, IPO, Private equity

An hour with Dangote vs. $27,000: Nigerians debate the better ‘deal’ on twitter

What started out as a radio discussion found its way onto Twitter when a user posted the topic of choosing between an hour meeting Dangote or receiving 10 million naira (the equivalent of over ($27,000). The Twitter user @dillikonko explained why he thought the meeting...

3,000 Nigerian Undergraduates Benefit From Fidelity Youth Empowerment Programme

Fidelity Bank Plc, has trained over 3,000 undergraduates from various tertiary institution on skills acquisition through its youth empowerment programme. Nnamdi Okonkwo, the bank’s CEO made this disclosure Friday during the closing ceremony of the Fidelity Youth Empowerment Academy (FYEA) held at the Sokoto...

Nigerian Start-up Closer to Share of $1M Chivas Venture Fund

LONDON, Feb. 11, 2020 /Naija247news/ -- Social enterprise, Soupah, is preparing to go head-to-head in a series of spirited pitches with 25 of the hottest start-ups from around the world. Ifeoluwa Olatayo and her business Soupah has won the Nigerian final of the Chivas...

Zenith Bank Empowers Nigerian SMEs, Partners Facebook On SME Digital Workshop

Nigeria's leading financial institution, Zenith Bank Plc, has reaffirmed its commitment to support local Small and Medium Scale Enterprises (SMEs) with the introduction of the 'Zenith Bank SME Digital Workshop' to provide free digital training for business owners. The initiative, which is being organized...

LekOil: Improving lives and adapting to the changing priorities of the Energy Market

The energy market is undergoing extreme change. Oil and gas companies are being increasingly defined by their operating strategies and how they are affecting the environment and communities of where they operate. In today’s world, with its focus of sustainability and corporate responsibility, there...

African economies must support Indigenous entrepreneurs to curb unemployment

Indigenous entrepreneurship is an asset that Africa has but does not optimize, a potential that Africans need to be aware of and consider as important. Dr. Henrietta Onwuegbuzie of the Lagos Business School said this recently at an interview with WebTV on the sidelines...

Q4’19: Facebook Accelerator Startups in Nigeria raised $500,000 investments

Startups participating in the second season of the Facebook Accelerator Programme have recorded significant achievements, including raising over $500,000 in committed investments and grants in just three months (halfway through the programme). Within the same period, they have also made significant product pivots, sealed...

Nigeria’s Entrepreneurs Key to Africa’s Prosperity – U.S. Consul General Pierangelo

Lagos––– U.S. Consul General Claire Pierangelo on Tuesday reiterated the importance of Nigeria’s entrepreneurs to the continued growth of economies in the West African sub-region and the prosperity of the continent. Speaking at a one-day capacity-building seminar for the first cohort of U.S. sponsored...

Tony Elumelu Foundation Announces Final 2,100 African Entrepreneurs for the Inaugural TEF-UNDP Entrepreneurship Programme

Signing the TEF-UNDP Entrepreneurship Programme in Niger—Tony Elumelu, Founder, Tony Elumelu Foundation and Ahunna Eziakonwa, UNDP Regional Director for Africa The Tony Elumelu Foundation (TEF)—the private-sector-led philanthropy focused on empowering African entrepreneurs—has announced a final list of 2,100 entrepreneurs to benefit from the...

US Educated Nigerian entrepreneur launches Starbucks’ copycat Happy Coffee

by Andres Schipani Princess Adeyinka Tekenah has a mission in life — becoming Nigeria’s Howard Schultz. “I love the Starbucks model, and I am determined to build a coffee narrative particular to Nigeria,” she says. Aiming at strengthening the coffee-drinking culture in Nigeria, she has...
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