…his oil refining company on multiple African stock exchanges as part of efforts to raise funding for the next phase of expansion across his industrial empire.
…even as yields move higher, providing the government with a reliable source of long-term funding amid elevated financing needs. Nairametrics earlier reported that data compiled from the Financial Markets Dealers Association (FMDA) weekly research showed that yields across both markets also moved higher, reflecting bear…
…Dumnamene Dekor, expressed worries over the slow pace of implementation, despite the funding of about 140 trusts across the Niger Delta. Dekor said: "About 140 Trusts have been funded, either fully or partly, but are we having that impact in these communities? The answer is no." He attributed the delays to leadership d…
…equity investment from Chinese early-stage investor NewTrails Capital, bringing the funding round announced earlier this month to $270 million. The investment comes three weeks after Spiro disclosed a record $215 million equity raise, one of the largest funding rounds announced in Africa’s electric mobility sector. Wit…
…power its people. While structural reforms heal the macro-economy, the REA backed by funding partners such as the World Bank and the African Development Bank (AfDB) is winning the war on the ground, ensuring that no Nigerian is left behind in reaping democratic dividends in the power sector. Among the profound impacts…
…operators would be used to service vehicle financing obligations while simultaneously funding individual Personal Pension Plan accounts. The NURTW president noted that the initiative would encourage a culture of long-term savings, improve financial security for transport workers and reduce the vulnerability associated…
According to him, Rotary's new call to action, "Create Lasting Impact", challenges members to think beyond immediate outcomes and focus on sustainable change. "In Rotary, we give members a place to belong. We help keep students in school. We organise vaccination campaigns that protect children. These results are real, …
…company that uses AI to automate freight operations, raised $11 million in a Series A funding round led by u.ventures, Toloka, and Movens Capital. Des Traynor, co-founder of Intercom, and several angel investors, also participated. Carro, the Singapore-based online car marketplace, acquired Australian used-car platform…
…for businesses that are just starting, you will have far fewer companies," he said. Funding dynamics and customer trust The panel also discussed the funding advantages enjoyed by some fintech operators. Akintola noted that companies such as Moniepoint benefit from extremely low funding costs because customer balances a…
…expressed concern over what he described as the slow pace of implementation despite funding of about 140 trusts across the Niger Delta. He said many communities are yet to feel the expected impact of the initiative, attributing delays to leadership disputes, internal disagreements and legal challenges in some host comm…
…group also argued that the situation could undermine Taraba State’s access to healthcare funding opportunities, including programs tied to functional referral systems under the Basic Health Care Provision Fund and other donor-supported initiatives. In their appeal, the stakeholders called on governor Agbu Kefas and rel…
…a proposal to upgrade the project into an international airport through a counterpart funding arrangement. Keyamo said: "When we came to power, I went to Mr President saying Abia does not have an airstrip or an airport in the whole of the South-East. So, he told me to put it in the budget. In the 2024 budget, we put th…
…to pose serious health risks. Humanitarian groups warn that reduced international funding for water, sanitation and hygiene programmes has weakened disease-prevention efforts at a time when displacement figures are rising due to ongoing violence in the region. Officials believe the Ebola outbreak, formally declared in…
…had a record 4.13 million foreign residents at the end of 2025, prompting a review of funding needs for immigration administration and related services. Officials said revenue generated from the higher fees would be used to strengthen immigration management systems, support Japanese language education programmes and ta…
…to be approved by at least 24 state assemblies to become law. Even after becoming law, funding arrangements, recruitment structures, and other supporting mechanisms will likely require further legislation before states can start operating their police forces. That means the issue will continue to elicit promises from a…
…their dedication and commitment to excellence. She, however, expressed concern over the funding challenges affecting the United Nations and some staff members. The UNSRC-Nigeria Association comprises UN employees, diplomats and retirees of Nigerian descent in New York. (NAN)
…interference, ethnic bias, intelligence fragmentation, jurisdictional disputes and funding gaps. “Funding may be the greatest practical challenge - some states can afford robust forces, many cannot,” he warned. Panelists drilled into operational fixes: “Integrated national databases, interoperable communications and in…
…infrastructure, including the operational Blue and Red Rail Lines, federal counterpart funding for the Green Line project and the reconstruction of the Lagos-Badagry Expressway. Sanwo-Olu also pointed to the state's electricity law and market reforms aimed at improving power supply, alongside federal projects such as t…
…reached a record 4.13 million at the end of 2025, prompting authorities to review funding requirements for immigration administration and related services. Japanese officials noted that the additional revenue generated from the higher fees will support immigration management systems, Japanese language education program…
…public program. 'Sustaining the Otherwise' is a large project that needs significant funding. It has received support fromorganisations such as the Nordic Culture Fund andCreative Industries Fund NL, but more help would be welcome. When asked what success would look like at the end of 2026, the co-curator said: "The ul…
…individuals and institutional investors. While a significant portion of the funding is believed to have come from offshore investors and domestic institutional pools, capital market sources who spoke on condition of anonymity indicated that some of the funds may have been sourced from existing stock market positions, c…
Reacting to the development, South Africa's Health Ministry said it had not received any official notification but noted that it had already been working on plans to reduce dependence on foreign support. The ministry also stated that life-saving antiretroviral drugs are largely funded by the South African government an…
…Pinnick arrived in 2014, Nigerian football already had problems: inconsistent planning, funding gaps, and poor grassroots development. He inherited those challenges. But leadership is judged by what changes you effect during your watch. How did our youth teams fare? What was the state of the league? Did any referee get…
…who led the Human Genome Project, and chief scientist Will Regan. Pacific Fusion's funding might be massive, but the startup hasn't gotten it all at once. Rather, its investors will pay out in tranches when the company achieves specified milestones, an approach that's common in biotech. Shine Technologies Shine Technol…
…the fine as "paltry".He also highlighted the awarding of more than £250,000 of public funding to TN Trawlers while human trafficking investigations were ongoing."This is a really concerning case, and it's hard to understand how this firm was provided with public funding," he said."It shouldn't be possible for ministers…