Techstars is an investment company that provides access to capital, resources, mentorship and technical support for technology driven entrepreneurs and startups. Founded in 2006, the company has supported over 2,900 startups through its accelerator programs. Techstars programs span across Africa, North America, Europe, and the Middle East. According to Techstars, 12 companies have been selected…
Nigeria: P&G Halts Direct Operations
The Procter & Gamble Company, commonly known as P&G, is an American multinational consumer goods corporation founded in 1837 with its headquarters in Cincinnati, Ohio. The company specializes in a wide range of household products, personal care items, and cosmetics, with notable brands such as Pampers, Oral-B, Always sanitary pads, and Gillette shaving sticks in…
Sour Grapes by Yetunde Lemboye: The Musical
Sour Grapes is a book that dives into the untold tales of post partum depression and the importance of love, support and community. Published in June 2019 by Author Yetunde Lemboye, the stories contained within have resonated with families across the globe, serving as a vacuum of self expression. Postpartum depression (PPD), also referred to as postnatal…
Nigeria & Germany: Renewable Energy Deal
Riverside LNG, a Nigerian liquified natural gas exploration and sustainable energy company has entered into an agreement with German company, Johannes Schuetze Energy, to export about 850,000 tons of natural gas to Germany annually, with the initial phase scheduled for 2026. According to reports, a memorandum of understanding was also signed by Union Bank of…
Paystack to Layoff 33
Paystack is a financial technology company that specializes in payment processing services for businesses. The company was founded in 2015 with its headquarters in Lagos, Nigeria. In 2016, the company raised about $1.3 million USD and a follow up $8 million USD in 2018. Stripe, a multinational financial services corporation dual-headquartered in Dublin and California,…
Nigeria: NLC Declares Strike Again
The Nigeria Labour Congress (NLC) is a legal trade union in the Country that represents the intentions of the working population and is also responsible for improving the conditions of their employment. The organization consists of 50+ industrial unions and was founded in 1978 with its headquarters in Abuja, Nigeria. According to recent reports, on…
Nigeria: 200 Million Naira Cannabis Seized
A major drug bust in Nigeria has resulted in the seizure of over 200 million naira worth of cannabis. The operation was carried out by the Nigerian Navy attached to the Navy Ship, Beecroft, in the Lekki and Badagry areas of Lagos. This is few weeks after the 600-million-naira cannabis seizure in Kebbi State, Nigeria,…
Stanbic IBTC Unveils Zest Fintech Subsidiary
Stanbic IBTC Holdings, also known as Stanbic IBTC, is a financial services company headquartered in Lagos, Nigeria. The company specializes in services like Banking, Pension Management, Life Insurance Management, Asset Management, Stock Brokerage, and Investment Advisory etc. Founded in 1989, Stanbic IBTC is a member of Standard Bank Group Limited, a financial services group with…
Celebrating Nigeria at 63
The Federal Republic of Nigeria, commonly referred to as Nigeria, is a country located in West Africa with a population of over 230 million residents as of 2023. Southern Nigeria and Northern Nigeria, both former British protectorates were combined in the early 1900’s to form Colonial Nigeria, a region that was ruled by the British…
Happy Eid-e-Milad an-Nabi (Eid-El-Maulud)
Mawlid, also referred to as Eid-e-Milad an-Nabi (feast of the birth of the prophet), is an Islamic celebration that commemorates the birth of prophet Muhammad. He was a religious leader that founded the monotheistic religion, Islam. According to Islamic beliefs, Muhammad was a prophet that preached and confirmed that teachings of Adam, Abraham, Moses and Jesus, as…