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STARTUPS

The Ugo Monye Story: Scaling up the “tough” Nigerian fashion industry

Ugo Monye takes us through his journey to becoming one of the most popular fashion brands in Nigeria. With the large number of business names being registered with the Corporate Affairs Commission (CAC) on a...

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CRYPTOCURRENCY FINANCE TOP STORIES

Tesla Buys $1.5 Billion Worth Of Bitcoin, Says May Accept It For Payment For Car

Telsa (TSLA) revealed in a securities filing that the electric car company has purchased $1.5 billion worth of Bitcoin and expects to accept the cryptocurrency for its products in the future. “In January 2021, we...

February 9, 2021

2 min read

CRYPTOCURRENCY FINANCE TOP STORIES

How FBI Warned FG, CBN On Scammers Using Cryptocurrencies To Defraud The West

Christine Lagarde: Bitcoin facilitates questionable transactions •Nigeria surged to second highest crypto destination in the world raking $200 to $300million a week without underlining economic activity, alarming the...

February 8, 2021

6 min read

FINANCE TOP STORIES

Piggyvest Setup New Virtual Card As CBN Fights Providus

Piggyvest Nigeria top fintech company suffered some setback after CBN ban on banks engaging in cryptocurrency affected their partnership with Providus. HOW DOES PIGGYVEST CONNECT WITH PROVIDUS Providus provides...

February 8, 2021

1 min read

FINANCE POLICY ISSUES TOP STORIES

Providus Bank Deactivates PiggyVest & Monnify Virtual Account Numbers

Providus Bank has deactivated the virtual account numbers of Monnify and PiggyVest. Monnify revealed on its social media platform that it received official communication from Providus Bank that it would no longer be...

February 8, 2021

2 min read

Ogun State Partners With Fan Milk To Establish Odeda Farm Institute

Fan Milk Plc, a Danone Company, signed a partnership agreement with the Ogun State Government to establish its flagship dairy farm at the Odeda Farm Institute, in the Odeda Local Government Area. The partnership, an...

February 6, 2021

3 min read

POLICY ISSUES TOP STORIES

Biden Appoints Enoh Titilayo Ebong As Acting Director USTDA

United States President Joe Biden has appointed Nigerian-born Enoh Titilayo Ebong as the acting director of the US Trade and Development Agency (USTDA). “The appointment meant a return to USTDA where from 2004 to 2019...

February 6, 2021

3 min read

TSTV Is Back As CEO Holds Press Conference And Rolls Out New Deals

At the company’s press conference, The MD/CEO Bright Echefu praised the Government’s efforts in aiding its growth, saying the government played a huge role to see it rise up. Photos below include the...

February 6, 2021

1 min read

POLICY ISSUES TOP STORIES

FG Plans Increase Of Freight Rate Of Petrol To ₦9.11 Per Litre

The Federal Government has commenced discussions with representatives of the organised labour on how to raise the freight rate of the Premium Motor Spirit (PMS) petrol from N7.51 per litre to N9.11 per litre, the...

February 6, 2021

5 min read

ARTICLES QUICK TAKE TECH REPORT

Why You Should Never Use This ‘Dangerous’ WhatsApp Setting On Your Phone

Tens of millions of you are now moving from WhatsApp to Telegram and Signal—with many using these apps for the first time. Beware, though, as this is a serious security issue. The latest threat to your WhatsApp messages...

February 6, 2021

5 min read

QUICK TAKE

Creativity vs. Hard Work: Which Matters More for Startup Success?

Should entrepreneurs focus on hard work or creative ideas? Here’s how founders can find a balance between hard work and creativity. Since its 1986 launch, Pixar Animation Studios has become synonymous with...

February 6, 2021

1 min read

SON Renews PAN Nigeria’s ISO 9001: 2015 Certification

PAN Nigeria, the country’s foremost multi-brand automobile manufacturer and assembler, has announced the renewal of ISO 9001: 2015 certification of its Quality Management System (QMS) following a successful audit by the...

February 6, 2021

2 min read

QUICK TAKE

CBN New Policy On Cryptocurrency: What You Should Know

This afternoon, a Central Bank of Nigeria (CBN) circular sent to commercial banks and other financial institutions surfaced online. Here is a thread explaining what the circular means and why the CBN issued it...

February 6, 2021

6 min read