Innovate Africa Fund and the Lagos State Employment Trust Fund (LSETF) have announced a joint plan to train over 500 tech innovators to participate actively in Africa’s growing product ecosystem, …
Economy
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AfricaDevelopmentDigital EconomyEconomyEducationEventsInnovationTechnology
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Banking, Finance & InvestmentBusinessDevelopmentEconomyFinance & ServicesInnovationNigeria
LivingTrust Mortgage Bank Wins DBN Innovation Award for Supporting Small Businesses in 2024
LivingTrust Mortgage Bank Plc has been honoured with the Development Bank of Nigeria (DBN) Innovation Award in the Other Financial Institution (OFI) category for the financial year 2024. This award, …
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AfricaDevelopmentDigital EconomyEconomyEgyptFintechInnovationKenyaNigeriaSouth AfricaTechnology
From Local Challenges to Global Solutions: How African Startups Are Attracting World Attention
Africa’s startup ecosystem is no longer a nascent curiosity; it’s a vibrant, innovative powerhouse rapidly gaining global recognition and attracting significant international investment. Once overlooked, the continent is now celebrated …
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DevelopmentEconomyINVESTMENTNigeriaReal Estate
Assetium Properties launches first luxury real estate project in Lagos, targets urban dwellers and diaspora investors
Assetium Properties Limited, a subsidiary of The Assetium Group, has launched its first luxury real estate development in Lagos, marking its official entry into Nigeria’s upscale property market. The project …
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EconomyFinance & ServicesINVESTMENTNigeriaReal Estate
Azuri Towers developer says real estate is top investment as inflation, interest rates bite harder
Eko Development Company Limited, the real estate firm behind Azuri Towers in Eko Atlantic City, Lagos, has said that real estate investment remains the best way for Nigerians to protect …
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EconomyGOVERNMENTPoliciesUncategorized
Afrinvest warns Nigeria’s debt may hit ₦180tn by 2025 amid weak oil earnings, rising spending
Financial analysts at Afrinvest have warned that Nigeria’s total public debt may climb to ₦180 trillion by the end of 2025 if the country’s current fiscal trajectory is not urgently …
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EconomyGOVERNMENTINVESTMENTMarkets
FG raises N4.3bn from May 2025 savings bonds as retail investors show strong interest
The Debt Management Office (DMO) has successfully raised a total of ₦4.3 billion from its May 2025 Federal Government Savings Bond offer, showing sustained interest from retail investors in low-risk …
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EconomyFinance & ServicesINVESTMENTMarketsNigeriaPoliciesSecurity
Nigerian fixed income market closes week strong as yields drop across T-bills, bonds, and Eurobonds
Nigeria’s fixed income market ended the week on a bullish note, as yields dropped across the Treasury bills, local bonds, and Eurobond markets. This was revealed in a fresh market …
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AfricaBanking, Finance & InvestmentEconomyFintechINVESTMENTNigeriaTechnology
CBN launches new digital platform to include Nigerians in diaspora in banking system
The Central Bank of Nigeria (CBN) has launched a new digital platform to help Nigerians living abroad access banking and financial services without needing to come home physically. This new …
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EconomyFinance & ServicesGOVERNMENTNigeriaPoliciesTrade and Commerce
FG Revenue Rises to N12.4tn in 2024 as World Bank Urges Trade Policy Reforms
The Federal Government of Nigeria recorded a substantial rise in revenue, climbing by 82.4 per cent from N6.8 trillion in 2023 to N12.4 trillion in 2024, according to the World …