Nigeria wealth fund seeks applications for $250,000 innovation prize
Nigeria's wealth fund has called for applications for its maiden NSIA Prize for Innovation.
- Key points to note
The prize, with a total worth of...
Nigerian bus-hailing company Shuttlers raises $4m
Nigerian shared mobility company Shuttlers has raised $4m in a funding round led by Verod-Kepple Africa Ventures (VKAV).
- Key points to note
Other investors that...
Fintech firm Chipper Cash exploring sale after SVB fall
Fintech startup Chipper Cash is said to be considering selling off the company after its experience with the now-fallen American bank, Silicon Valley Bank.
The...
Payment giant Stripe raises $6.5bn, slashes valuation by half
American payment processor firm Stripe has raised $6.5 billion in fresh funding and at same time lowered its valuation to $50 billion, the company said on Wednesday.
- Key points to note
The fresh funds...
‘Pure water’ price goes up and producers are shutting factories
Producers of table water in Abuja have closed their factories for over a week, triggering scarcity of drinking water in the capital city as...