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  • All On Boosts Investment in Koolboks’ Ambitious $11M Project

    All On, a prominent impact investment firm committed to enhancing energy accessibility in Nigeria, has announced an additional investment in Koolboks’ $11 million Series A...

    All On Increases Investment In Koolboks’ $11m Project
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    Politics Today
    All On, a prominent impact investment firm committed to enhancing energy accessibility in Nigeria, has announced an additional investment in Koolboks’ $11 million Series A funding round. This renewed backing highlights All On’s ongoing dedication to promoting affordable and sustainable cooling technologies designed specifically for underserved populations in Nigeria and other developing regions. The Series...
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  • How Uber’s Investment in Nigeria Boosted Drivers’ Annual Earnings to ₦6.1 Billion

    Uber, the renowned global mobility platform, has injected ₦34 billion into Nigeria’s local economy, significantly enhancing the annual earnings of drivers across the country to...

    Uber’s investment in Nigeria grew drivers’annual payout to ₦6.1 billion
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    Tech
    Uber, the renowned global mobility platform, has injected ₦34 billion into Nigeria’s local economy, significantly enhancing the annual earnings of drivers across the country to ₦6.1 billion as of 2023. This milestone was announced during the Lagos Road Mobility Summit, a collaborative event with the State Ministry of Transport aimed at fostering discussions on safer...
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  • Nvidia Powers Up AI Battle with Billion-Dollar Investment in OpenAI | Technology News

    Nvidia will also supply chips to power OpenAI’s data centers. Published On 22 Sep 202522 Sep 2025 Click here to share on social media share2...

    Nvidia to invest billions in OpenAI as AI race heats up | Technology News
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    International News
    Nvidia will also supply chips to power OpenAI’s data centers. Published On 22 Sep 202522 Sep 2025 Click here to share on social media share2 Share Nvidia, a leading chip manufacturer, is set to invest as much as $100 billion in OpenAI, while also supplying the AI startup with essential chips for its data center...
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  • Drive the Future: Invest in Drivers Today, Bet Big on Autonomous Cars Tomorrow

    Cet article est également disponible en français First published 21 Sept, 2025 Image: Moove Moove’s model thrives by converting drivers’ anticipated earnings into loan repayments;...

    Next Wave: Lend to drivers, bet on autonomous cars
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    Tech
    Cet article est également disponible en français First published 21 Sept, 2025 Image: Moove Moove’s model thrives by converting drivers’ anticipated earnings into loan repayments; however, in a future dominated by autonomous vehicles, the absence of drivers challenges this approach. Lagos-based startup Moove, which specializes in vehicle financing for ride-hailing drivers through installment plans, is...
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  • Savannah Energy Strikes $65.4M Deal to Acquire Norfund’s Stake in Klinchenberg BV

    Savannah Energy Plc has announced that its fully owned subsidiary, Savannah Energy EA Limited, has entered into a share purchase agreement with Norfund, the Norwegian...

    Savannah Energy To Acquire Norfund’s Stake In Klinchenberg BV For $65.4m
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    Politics Today
    Savannah Energy Plc has announced that its fully owned subsidiary, Savannah Energy EA Limited, has entered into a share purchase agreement with Norfund, the Norwegian investment fund dedicated to developing countries. This agreement involves acquiring Norfund’s entire 50.1% stake in Klinchenberg BV for a total consideration of up to $65.4 million. The agreement was formalized...
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  • Despite a Massive $28 Billion Investment, Only 1 in 100 Africans Are Using 5G

    In 2024, only about 1% of Africans were connected to 5G networks, despite an investment of $28 billion in next-generation mobile infrastructure over the previous...

    Only 1 in 100 Africans use 5G despite $28 billion investment
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    Tech
    In 2024, only about 1% of Africans were connected to 5G networks, despite an investment of $28 billion in next-generation mobile infrastructure over the previous five years. Data from the International Telecommunications Union (ITU) and UNESCO reveal a stark contrast between the substantial financial commitments and the actual uptake by consumers, with the majority still...
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  • Stock Market Kicks Off the Week with a Massive N705bn Surge!

    The Nigerian stock exchange commenced the week on an optimistic trajectory, recording a substantial increase of N705 billion, fueled by rising share prices in BUA...

    FX Stability, Capital Inflows Drive N26trn Gain In Stock Market
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    Politics Today
    The Nigerian stock exchange commenced the week on an optimistic trajectory, recording a substantial increase of N705 billion, fueled by rising share prices in BUA Foods Plc alongside 31 other companies. The All-Share Index surged by 1,113.31 points, marking a 0.79% uplift to close at 141,659.00 points. Correspondingly, the total market capitalization expanded by N705...
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  • E-Tranzact, Regency Assurance, Chellarams Lead the Pack: Top Stocks You Can’t Afford to Miss!

    Last week’s trading session in the Nigerian stock market concluded with investors enjoying a substantial gain of N985 billion. The market’s total capitalization climbed to...

    E-Tranzact, Regency Assurance, Chellarams others emerge as top stocks to watch
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    Politics Today
    Last week’s trading session in the Nigerian stock market concluded with investors enjoying a substantial gain of N985 billion. The market’s total capitalization climbed to N88.9 trillion, up from N87.9 trillion recorded the week before. In parallel, the All-Share Index (ASI) saw an increase of 1.12%, closing at 140,545.69 points compared to 138,980.01 points the...
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  • Lagos: Africa’s Fintech Powerhouse or an Infrastructural Time Bomb Waiting to Explode?

    Lagos has transcended its reputation as merely Nigeria’s largest city to emerge as the leading fintech hub across Africa. According to a 2025 StartupList Africa...

    Is Lagos the fintech capital or an infrastructural ticking time-bomb?
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    Tech
    Lagos has transcended its reputation as merely Nigeria’s largest city to emerge as the leading fintech hub across Africa. According to a 2025 StartupList Africa report, the metropolis boasts 503 active fintech startups-more than twice the number found in any other African city. Since 2020, Lagos has witnessed the birth of 256 new fintech ventures,...
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