Nearly half of funded Nigerian startups founded within the last ten years make less than ₦10 million ($6,000) in annual revenues, according to a new report by TLP Advisory, a venture capital law firm. 49% of startups surveyed in the report generate less than ₦10 million a year, while only 15% generate above ₦250 million

Donna Gregory was a prominent American news anchor and journalist known for her extensive career in television news. She was particularly recognized for her work at WRAL in Raleigh and WWAY in Wilmington, North Carolina, where she served as an anchor and co-host. Gregory tragically died at the age of 61 in November 2024. Donna

President/CE Dangote Group, Aliko Dangote The Dangote Petroleum Refinery has recommenced the purchase of crude oil from the United States in its ongoing efforts to ramp up oil production and enhance its refining capacity. The new purchase comes after a three-month hiatus in purchasing crude from foreign countries, focusing instead on domestic supply. A report

Gbenga Komolafe, Chief Executive Officer of NUPRC The Nigerian Upstream Petroleum Regulatory Commission has said that no international oil company is leaving Nigeria despite their divestments. NUPRC’s Chief Executive Officer, Gbenga Komolafe, described the recent divestments by IOCs in the oil sector as “portfolio rationalisation”. Komolafe said at the just-concluded NAPE Conference in Lagos that

CBN Governor, Olayemi Cardoso Aligning with the Central Bank of Nigeria’s (CBN) recent monetary policy adjustment, Nineteen deposit money banks are now offering an 8.18 percent interest rate to customers for their savings. Commercial banks are mandated to provide a minimum interest rate of 30 percent of the Monetary Policy Rate (MPR) on customer deposits.