Tag: Nigerian Startups

Nigeria’s tech Startup, Monirates, Launches Real-Time Transfers Between Nigeria and Uganda

Business
Nigerian fintech startup, Monirates has officially launched direct money transfers between the Nigerian Naira (NGN) and the Ugandan Shilling (UGX). The company made the announcement...

Bridging the Divide: Farm Innovation’s Digital Leap for Nigerian Farmers

News
From AI-powered disease surveillance to partnerships transforming rural economies, Farm Innovation Nigeria Ltd is rewriting how Africa farms—and reshaping the future of food security...

BAS Group Acquires Zuvy Technologies in Move to Bridge Nigeria’s SME Credit Gap

Business
BAS Group, a Nigerian investment startup, has acquired a majority stake in Zuvy Technologies, a Lagos-based startup specialising in invoice-based financing. The deal, executed as...

Abuja Startup Hub: How Nigeria is partnering Japan to Launch the $51.2 Million Project

Nigerian Tech Startups
The Federal Government of Nigeria, through the National Information Technology Development Agency (NITDA), has formalised an agreement with a Japanese consortium to implement the...

Nigerian Startup Salpha Energy Secures $1.3 Million Funding to Advance Solar Power Across Africa

News
Nigerian clean energy startup Salpha Energy has secured a $1.3 million investment from All On, a Shell-backed impact investment firm, to scale its operations...

Nigerian Startups Face Financial Struggles, with 49% Earning Under ₦10 Million a Year

Business
TLP Advisory has revealed that 49% of Nigerian startups, founded in the last decade, generate less than ₦10 million ($6,000) in annual revenue. This degeneration...
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