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Global ride-hailing company Uber has announced plans to wind down its operations in Nigeria and Uganda, effective Wednesday, September 2, 2026. The post BREAKING: Uber shuts down operations in Nigeria, Uganda appeared first on Nairametrics.
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Pivot Integrated Energy Services Limited (“Pivot”), a leading indigenous integrated downstream energy company, has successfully completed its maiden ₦100 billion Series 1 Commercial Paper (“CP”) issuance under its ₦300 billion Commercial Paper Programme. The landmark issuance was oversubscribed at ₦100.08…
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PanAfrican Capital Foundation (PAC Foundation), the Corporate Social Responsibility arm of PanAfrican Capital Holdings, has successfully concluded the second edition of its Raising Young Entrepreneurs (RYE) Boot Camp, an initiative designed to equip young aspiring and early-stage entrepreneurs with the…
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The African Union (AU) has announced that the African Credit Rating Agency (AfCRA) will be officially launched on October 7, 2026. The post AU to launch African Credit Rating Agency on October 7 appeared first on Nairametrics.
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The Securities and Exchange Commission (SEC) has proposed a new regulatory framework for online forex trading and Contracts for Difference (CFDs), setting minimum capital requirements of up to N5 billion for operators seeking to participate in Nigeria’s retail forex market.…
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Debt now accounts for a record 41% of all capital raised by African tech startups, up from just 17% in 2019, according to Partech Africa’s annual venture capital report. The post Why Nigerian startups are turning to debt over equity…
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For a Nigerian student, a scholarship can mean more than money. It can mean staying in school when a family is struggling to pay fees. It can mean being able to concentrate on lectures instead of worrying about how the…
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Fintech company OPay says it has requested that the Department of State Services (DSS) and the Nigeria Police launch investigations into recent false information circulating on social media that the company is shutting down. The post OPay asks DSS, Police to…
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UAE-based energy infrastructure platform ePointZero is set to enter Africa’s power generation market after agreeing to acquire a 90% stake in pan-African independent power producer Azura Power. The post UAE’s ePointZero enters Africa’s power generation market with 90% acquisition of…
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The United States government may require parents and legal guardians to provide proof of their citizenship or immigration status when applying for passports for their children under new rules being considered by the State Department. The post US may require…
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