The graph below shows that the Nigerian industrial sector barely utilised power supply from the national grid for a period of 28 years; the case isn’t different today. And as it turns out, their resort to self-generated electricity incurs high cost of production, which a report puts at ₦3.5 trillion per annum. Electricity consumption pattern […]
Since Nigeria joined the rank of oil producers in the world in 1958, Port Harcourt has been a cynosure for petroleum activities. This explains why Chromo is leveraging technology to provide on-demand petroleum, logistics, energy trading and supply services in the city.
In what is likely the most interesting acquisition deal in the history of Nigerian internet startups, online property classifieds platform, ToLet just recently announced its acquisition of Jumia House for an undisclosed amount. With over 60,000 listings on the platform, ToLet will be adding Jumia House’s 22,000 listings, traffic, staff and assets to its portfolio.
GTS-Infotel, Nigeria’s leading licensed Value Added Service (VAS) provider, in Lagos unveiled a revolutionary mobile numbering system called ‘Mobinawa’ designed to enable conversational and transactional VAS services offered by the businesses using single dedicated numbers to its consumers. These numbers (the GTS numbers) are long VAS numbers and also part of the national numbering […]
Falling in love with African books at a young age, Tobi Eyinade realised that many people do not have access to good books. Excited about reading books by her favourite African authors thanks to her bibliophile brother, she had nobody to discuss them with. “My peers did not even know that African authors write […]
Femi is into the business of managing farmlands for his numerous clients; from acquiring the lands to planting, harvesting and then sales. “I have been in this business for over 2 years. I also grew up in a family that cherishes farming a lot,” he remarks. Majority of Femi’s clients are white collar workers. […]
Happening on January 27, 2018, Techpoint Build is an annual event aimed primarily at facilitating more local investments in home-grown startups and the local business ecosystem. Several opportunities await startups at the event.
Waste management in Nigeria and probably in the whole of Africa is usually nothing to write home about. Junks.ng is one startup that intends to change this narrative starting with Nigeria. Launched on August 10, 2017, Bradley Yarrow (Founder) leads Junks.ng in its quest to add value to junk by giving people the opportunity to […]
Technology and innovation are driving many economies in no small measure. According to the Journal for Sustainable Development (vol. 4 no. 6, December 2011) entrepreneurship generally and technological entrepreneurship in particular are now considered as the engine for economic development. Most developed and emerging economies and developing countries have adopted Technology Business Incubation […]
While many cities are becoming ‘smart’ enabling development that makes life easy for her people to move around from one place to another, access government services with ease. The state of infrastructural development in Nigeria is yet to improve over these years. This is something of a great concern to many Nigerians. Will Nigeria […]
Imagine owning a business that post no revenues? This is often synonymous with Startups and businesses still at conceptualization stages. Now, imagine if this business is decades old and publicly listed on the Nigerian Stock Exchange. Union Dicon Salt Ltd, a publicly quoted Nigerian company, has for 23rd straight quarter (5 years and 3 […]