Abiola Gbemi

IHS Towers to Become Most Valuable African Tech Firm With US$7 bn NYSE IPO

IHS Towers to Become Most Valuable African Tech Firm With US$7 bn NYSE IPO

“IHS follows the trend of Nigerian founded companies (Jumia, Olam, Interswitch, iRoko etc) that have scaled globally and opted for… Read More

1 year ago

Nigeria’s 2022 Appropriation Bill: Another Budget of Fanatical Expectations

“The 2022 budget fails to curtail the consistently rising cost of governance, personnel costs for a largely lethargic civil service.”… Read More

1 year ago

Monthly Fuel Subsidy Now Double Annual Basic Education Budget

“The reported monthly average spend of over N102.5 billion (US$250 million) on fuel subsidies is higher than N70 billion (US$171… Read More

1 year ago

VAT: Political Heat Rises as El Rufai Hosts Northern Governors

The Northern Governor’s Forum (NGF) has convened an emergency meeting scheduled to be held today, with an agenda to discuss… Read More

1 year ago

Early Harvest Pushes Down Food inflation

The National Bureau of Statistics (NBS) on Wednesday published the August Inflation data that revealed inflation rose by 17.01% y/y,… Read More

1 year ago

Africa Produces 1% of Global Vaccines, Covax Won’t Meet Vaccination Target

Many African countries have chosen to rely on the Covax vaccine scheme which relies on the benevolence of richer countries… Read More

1 year ago

Afrifursa 2021 Summit to Strengthen African-Canadian Fintechs’

The Afrifursa Fintech Summit, which is scheduled to hold virtually on Tuesday, 22nd November 2021. The event aims to provide… Read More

1 year ago

CBN Conversion of Domiciliary Accounts Could Lift FX Reserves by 43%

The Central Bank of Nigeria (CBN) via the Director, Corporate Communications, Mr. Osita Nwanisobi, disclosed in a statement that it… Read More

1 year ago

Facebook partners RayBan for first Smart Glasses

Facebook has launched its first smart glasses product, partnering with RayBan. The launch of the product is in line with… Read More

1 year ago

Prospa raises USD3.8m in Largest Ever SSA Pre-seed Round

Prospa which recently graduated from Y Combinator, one of the most prominent start-up accelerators in the world, has raised a… Read More

1 year ago