Flutterwave Named In Y Combinator’s Top Companies List

Flutterwave, Africa’s leading payments technology company, has been named in the Y Combinator’s 2023 top companies list for the third consecutive year. Flutterwave’s inclusion in the list is a reflection of the company’s impressive growth as a major driver of commerce and economic growth in Africa, serving more […]

US Gov’t Shuts Down Silicon Valley Bank

United States regulators pulled the plug on Silicon Valley Bank on Friday in a spectacular move that sent global banking shares sputtering, as markets fretted over possible contagion from America’s biggest banking failure since the 2008 financial crisis. US authorities swooped in and seized the assets of SVB, […]

Lasers, Drones And AI: The Future Of Weeding

No one likes weeding, but new technology is helping farmers around the world tackle weeds in a more efficient and environmentally friendly way. Deanna Kovar from US farming equipment giant John Deere says that the company’s new tractor-pulled weed sprayer can reduce herbicide use by two-thirds. The system, […]

FG Endorses Facilitation Bill On Ease Of Doing Business

President Muhammadu Buhari has signed the Business Facilitation (Miscellaneous Provision) Bill 2022 also known as the Omnibus Bill into law. Dr Jumoke Oduwole, Special Adviser to the President on Ease of Doing Business and Secretary, Presidential Enabling Business Environment Council (PEBEC) said this in a statement on Monday […]

Capital Importation Falls 24% To $4.56bn

Capital importation into Nigeria’s economy fell year-on-year (y/y) by 24.6 percent to $4.56 billion in the first 10 months of 2022 (10M’22) from $6.05 billion in the corresponding period of 2021. According to findings from the Monthly Economic Report of the Central Bank of Nigeria, CBN, also showed that […]