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NSIA invests $2.833b to stabilize economy

The Nigeria Sovereign Wealth Fund (NSIA) has invested about $2.833 billion towards the attainment of key Sustainable Development Goals (SDGs) in the country since its establishment about 12 years ago, its Managing Director, Aminu Umar-Sadiq has said. Umar-Sadiq who spoke when the House Committee on Finance visited the agency on an oversight also disclosed that…

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Flymate unveils Visadoc Travel App to redefine travel experience

A leading provider of innovative travel solutions, Flymate Travel Limited, has launched Visadoc, a cutting-edge travel app designed to simplify and enhance users’ travel experiences worldwide. Visadoc empowers travelers to take control of their journey, from visa applications to booking accommodations and flights. The app offers a range of unique features and functionalities, including: Seamless…

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ICANN empowers underrepresented communities with New gTLD support program

The Internet Corporation for Assigned Names and Numbers (ICANN), the non-profit organization that coordinates the Domain Name System (DNS), has opened the Applicant Support Program (ASP) for the New Generic Top-Level Domains (gTLD) Program: Next Round. The New gTLD Program: Next Round is an initiative that will enable the introduction of new gTLDs (including those…

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Hermplify unveils AI platform for womenpreneurs, girls in Africa’s $300b digital economy

An Artificial Intelligence (AI)-powered platform, Hermplify, has made its debut to help women entrepreneurs and young girls in Africa grow their businesses and learn valuable tech skills. The platform is designed to make it easier for women to succeed by providing tools for managing their businesses, accessing financial support, and learning in-demand digital skills. Hermplify…

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Starlink suspends residential kits sale pending NCC’s price hike approval

Elon Musk’s Starlink has suspended fresh orders for its residential kits across Nigeria, saying the suspension would be lifted after securing approval from the Nigerian Communications Commission (NCC) for price hike. The company, however, allows orders for its high-end Business Plan, in which it is allowed to charge N159,000 for a monthly subscription compared with…

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Lagos doles out N100m grant to PricePally, other agri-businesses

Lagos Ministry of Agriculture & Food Systems Department in collaboration with the Lagos State Employment Trust Fund (LSETF) and EkoInnovation Centre, supported by the Lagos State Government has awarded N100 million in grants to 26 young agripreneurs at the maiden edition of the Lagos Agrinnovation Summit. The platform is designed to foster meaningful conversations, collaboration,…

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Lingawa lands $1.1m pre-seed funding…unveils new brand identity

A leading online platform for African language learning, Lingawa, has successfully closed a $1.1 million pre-seed funding round that coincides with the company’s rebranding from TopSet to Lingawa, signaling its expanded mission to connect global audiences with the richness of African culture and heritage. The funding round attracted notable investors, including Zrosk, WEAV Capital, Kaleo…

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