Over 2,500 ride-hailing apps have tried—and failed—to compete with Uber, Bolt – drivers’ union
The ride-hailing industry in Nigeria continues to be a challenging environment for local and foreign entrants. Since Uber entered the market in 2014, over 2,500 ride-hailing apps have attempted to…
AfDB to unlock $10 billion for African farmers with new $500 million facility
The African Development Bank (AfDB) has announced a significant initiative designed to support smallholder farmers and agribusinesses in Africa. The initiative includes a $500 million facility that is expected to…
Senate approves Tinubu’s Emergency Rule in Rivers, establishes mediation committee to resolve political crisis
The Nigerian Senate has authorized President Bola Tinubu’s declaration of a state of emergency in Rivers State. This decision grants the President enhanced authority to implement necessary emergency measures in…
MOFI Real Estate Fund raises N100 billion from investors, plans 12% housing loans for Nigerians
The MOFI Real Estate Investment Fund (MREIF) has successfully secured N100 billion through its Series 2 issuance, fully subscribed by private investors. This fundraising effort is a significant step in…
World Cocoa Foundation, Palladium, Johnvents, and other Stakeholders Unite for Joint Action Towards a Deforestation-Free Future
The World Cocoa Foundation, in partnership with Palladium and other stakeholders, has launched the Deforestation-Free Cocoa Initiative (DFCI) in Ondo State. Aimed at promoting sustainable cocoa farming and forest preservation,…
Kano State Government awards N8.5 Billion contract for erosion control project
The Kano State Government has taken significant steps to address erosion issues in the region by awarding an N8.5 billion contract for the Bulbula/Gayawa gully erosion control project. This initiative…
Market Price: Pepper up by 100%, Egusi leaped amidst mixed market signal in Lagos
Lagos markets are currently witnessing a significant fluctuation in food prices, with consumers seeing a stark 100% increase in pepper costs this month. Simultaneously, the price of egusi has also…
PICTORIAL: Fallen container causes gridlock on Lagos-Ibadan expressway
A fallen shipping container on the Kara Bridge section of the Lagos-Ibadan Expressway caused severe traffic delays, stranding numerous commuters on Thursday. The incident led to a substantial traffic jam…
Civil society petitions UN over Natasha’s sexual assault allegations
The National Civil Society Council of Nigeria has reached out to the United Nations regarding sexual assault allegations made by Senator Natasha Akpoti-Uduaghan against Senate President Godswill Akpabio. The petition…
I endured Akpabio’s sexual advances for over one year – Natasha
Senator Natasha Akpoti-Uduaghan, currently suspended, has publicly detailed enduring alleged sexual advances from Senate President Godswill Akpabio for over a year. Her statement was made during an interview with Sky…