AfDB Invests €6.5M in Saviu II to Boost African Tech Start-Ups

By Ayomide Otitoju The African Development Bank Group (AfDB) has approved a €6.5 million investment in the Saviu II fund to support technology start-ups during their seed stage and first institutional fundraising, with a focus on French-speaking Central and West Africa. Under the plan, AfDB will commit €4.5 million as equity and €2 million as…

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FlashChange to Host Women’s, Economic Empowerment, Webinar

By Ayomide Otitoju FlashChange, a digital asset management and cross-border payment platform, has announced plans to host a virtual webinar to mark International Women’s Day, (IWD) 2026. Themed “Investing in Women, Investing in Growth,” the event, scheduled for March 7, 2026, will focus on the economic impact of empowering women and advancing financial inclusion across…

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Dangote Cement Signs $1bn Deal for 12 African Projects

By Ayomide Otitoju Dangote Cement Plc (DCP) has signed a landmark agreement with Sinoma International Engineering for the construction of 12 new projects and the expansion of existing facilities across Africa, in a deal estimated at over $1 billion. The agreement, signed at the weekend in Lagos, forms part of the company’s long-term growth strategy…

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Nigeria Urges Restraint After US-Israel Strikes on Iran

By Ayomide Otitoju The Federal Government has called for immediate de-escalation and maximum restraint in the Gulf region following coordinated military strikes by the United States and Israel on Iran. Missile strikes were launched on Iran in the early hours of Saturday, prompting retaliatory attacks by Tehran in parts of the Gulf. In a statement…

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NNPC Foundation MD Calls for Proactive Reputation Strategy

By Ayomide Otitoju The Managing Director of the NNPC Foundation, Mrs. Emmanuella Arukwe, has urged organisations to adopt deliberate strategies in managing public perception, warning that reputational survival depends on proactive and transparent engagement. Arukwe gave the charge while delivering a keynote address at the Reputation Roundtable organised by the Nigerian Institute of Public Relations…

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Tinubu’s Oil Revenue Order Emerges as Major Post-PIA Fiscal Reform

By Ayomide Otitoju President Bola Ahmed Tinubu’s Executive Order No. 9 of 2026 mandating the direct remittance of oil and gas revenues into the Federation Account is emerging as one of the most far-reaching fiscal reforms since the enactment of the Petroleum Industry Act (PIA). Signed on February 13, the directive requires that royalty oil,…

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Missile Strike Hits US Fifth Fleet Headquarters in Bahrain

Iran has retaliated against a series of US strikes by launching missile attacks on multiple countries hosting American troops in the Middle East, targeting key US military installations under the command of the US Central Command (CENTCOM). Bahrain hosts the Naval Support Activity, home to the US Navy’s Fifth Fleet and the headquarters of US…

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FlashChange CEO Speaks at Startup Grind Lagos Event

By Ayomide Otitoju Africa’s fast-growing digital asset management and cross-border payment platform, FlashChange, took centre stage at the latest edition of Startup Grind Lagos, with its Chief Executive Officer, Bidemi Oke, featured as a keynote speaker. The event, held on Saturday, February 28, 2026, in Lagos, brought together founders, investors, developers and ecosystem leaders for…

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Zelensky: US, Israeli Strikes Open Path to Oust Iran Regime 

Ukrainian President Volodymyr Zelensky on Saturday said recent US and Israeli strikes on Iran had created an opportunity for the Iranian people to remove what he described as the “terrorist regime” in Tehran. Ukraine, which has been resisting Russia’s full-scale invasion since 2022, has repeatedly accused Iran of supplying Moscow with weapons, including Shahed drones…

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