Cascador Unveils $2 Million Fund to Support Nigerian Entrepreneurs 

Adetutu A, The Insights 11 March 2025

Cascador, Nigeria’s leading accelerator for mid-stage entrepreneurs, has launched the Catalytic Fund, a $2 million annual initiative designed to provide financial support to its alumni businesses. This fund aims to bridge the financing gap that many Nigerian entrepreneurs face, offering both

UBA Empowers Over 3,200 Young Professionals Through Graduate Training Programme 

Adetutu A, The Insights 7 March 2025

United Bank for Africa (UBA) United Bank for Africa (UBA) has taken a significant step in addressing youth unemployment and skills development in Nigeria and across Africa. Through its Graduate Management Acceleration Programme (GMAP), the bank has trained and inducted 3,222 young banking and finance professionals, equipping them with essential skills for leadership roles

Shell: Nigeria Must Enhance Policies to Attract Oil and Gas Investments 

Adetutu A, The Insights 6 March 2025

Shell has emphasized that Nigeria is in stiff competition for investments in the oil and gas sector and must continuously improve strategies to remain attractive. The company also pledged support for recent reforms aimed at boosting production and making the industry more profitable.  Need for Stronger Policies to Attract Investors  Speaking at the Nigeria

NADDC’s End-of-Life Vehicle Regulation to Create 40,000 Jobs and Boost Sustainability 

Adetutu A, The Insights 6 March 2025

DG Of The National Automotive Design and Development Council (NADDC), Joseph Osanipin The National Automotive Design and Development Council (NADDC) has launched the End-of-Life Vehicle (ELV) regulation to create jobs, promote a circular economy, and protect the environment. The initiative, unveiled in Lagos by NADDC Director-General Joseph Osanipin and Minister of State

NNPCL, Dangote Price Reduction Brings Relief to Retailers and Nigerians 

Adetutu A, The Insights 5 March 2025

Dangote Refinery The Petroleum Retailers Outlet Owners Association of Nigeria (PETROAN) has commended the Nigerian National Petroleum Company Limited (NNPCL) Retail Ltd for reducing the price of Premium Motor Spirit (PMS), commonly known as petrol, from ₦920 to ₦875 per litre. The move is expected to ease the financial strain on Nigerians, especially as inflation […]

Oando and Lagos State Government to Deploy 5,000 Electric Buses 

Adetutu A, The Insights 28 January 2025

Electric Buses Oando Plc, in partnership with the Lagos State Government, is set to deploy 5,000 electric commercial buses in Lagos. This initiative aims to reduce carbon emissions and promote cleaner energy solutions in public transportation. Commitment to Cleaner Energy Solutions The Group Chief Executive Officer of Oando Plc, Wale Tinubu, disclosed this development

Baobab Microfinance Bank Empowers SMEs with Over ₦323 Billion in Loans 

Adetutu A, The Insights 27 January 2025

Baobab Microfinance Bank has reaffirmed its dedication to supporting small and medium-sized enterprises (SMEs) and micro-entrepreneurs in Nigeria. The bank announced that it has disbursed loans worth over ₦323 billion to more than 407,000 customers, reflecting its commitment to fostering economic growth and financial inclusion.  Driving Economic Growth and

VAT Contributions Across Nigerian States in 2024: Lagos Leads the Pack 

Adetutu A, The Insights 26 January 2025

The Value Added Tax (VAT) contributions across Nigerian states in 2024 reveal significant disparities. With Lagos contributing over half of the nation’s VAT revenue, the data underscores the varying economic capacities of states. These figures have sparked discussions on whether Nigeria’s revenue-sharing formula requires adjustment to ensure fair distribution and

Wakanow Unveils Strategies to Boost Intra-African Travel 

Adetutu A, The Insights 24 January 2025

The Chief Executive Officer of Wakanow Group, Adebayo Adedeji, has outlined a bold vision to drive economic growth across Africa by increasing intra-African travel. Speaking during an interview with CNN’s Marketplace Africa, Adedeji highlighted the company’s plans to leverage fintech innovations, foster airline partnerships, and support local travel operators to make

Wema Bank to Reward 131 Customers with N11m in 2025 Promo 

Adetutu A, The Insights 20 January 2025

Wema Bank Wema Bank is set to reward 131 customers with a total of N11 million in cash prizes as part of its first monthly draw of the 5 for 5 Promo Season 4. The draw will take place in Warri, Delta State.  Wema Bank’s Commitment to Rewarding Loyalty  In a statement, Wema Bank shared […]