Nestuge, a bootstrapped Nigerian startup, has paid over ₦500 million to digital creators in just two years. Built to empower creators with monetisation tools, the platform is proving that big impact doesn’t always require big funding.
Bitcoin has surged past $121K for the first time in history, driven by institutional interest, regulatory optimism, and market dynamics. The digital asset shows no sign of slowing as Crypto Week approaches.
Bfree has secured a $3 million investment loan from Verdant Capital to scale ethical, data-driven debt recovery across Africa by acquiring distressed loan portfolios from inclusive financial institutions.
Kenyan logistics software startup Leta has launched in Ghana following a $5M seed funding round, marking its seventh African market expansion and partnership with Simbisa Brands.
Nigerian crude prices soared to $72.3 per barrel, outpacing global benchmarks as Houthi attacks in the Red Sea stirred fresh supply concerns. Meanwhile, Dangote refinery eyes a full transition to local crude by year-end.
The RevUp Women Initiative has launched its Nigeria Edition to support 150 women entrepreneurs across Lagos, Abuja, and Abia, with a focus on agribusiness and e-commerce. The program offers capacity-building, mentorship, networking, and access to $24,000 in grant funding.
African startups raised $391.1 million in June 2025, a major rebound from May’s figures. Senegal, Kenya, South Africa, and Djibouti led the charge, fueled by megadeals in fintech, clean energy, and AI.
The Debt Management Office (DMO) has launched the July 2025 Federal Government of Nigeria (FGN) savings bonds, offering interest rates of up to 16.762% per annum. The subscription runs from July 7 to July 11, 2025.
After nearly three years of restrictions, Nigerian banks have resumed international transactions on naira-denominated cards, offering customers greater flexibility for global payments.
Yikodeen, Nigeria’s leading safety footwear manufacturer, has raised $1.5 million from Aruwa Capital to scale production, expand across West Africa, and boost local job creation. The investment will fund new equipment, factory upgrades, and digital quality control systems while advancing gender inclusion and social impact.