Connect with us

News

Lagos Seeks Global Investment for $9 Billion Startup Ecosystem

Published

on


The Lagos State Government is partnering with the Dubai World Trade Centre to attract global investors to its growing startup ecosystem, worth $9 billion. During meetings in Dubai, Deputy Governor Obafemi Hamzat and Commissioner for Innovation, Science, and Technology, Tunbosun Alake, discussed strategies to draw international investments ahead of GITEX Nigeria 2025, a tech event expected to boost Nigeria’s economy by $25 million.

Alake highlighted that Lagos is home to over 2,000 tech startups, including successful companies like Flutterwave and OPay, with fintech making up about 40% of the industry. He encouraged potential investors to seize opportunities in Lagos, which has a skilled workforce and innovative ideas.

The 2024 Startup Index ranked Lagos 70th globally among top startup cities, making it one of only two African cities in the top 100. Alake expressed optimism about recent growth, supported by new regulations like the Startup Bill, and invited stakeholders to join Lagos’s entrepreneurial journey. LohMirmand emphasized Nigeria’s importance as Africa’s largest AI market and its role in the global tech landscape.


 

News

Viral Video Sparks Outrage as Delta Police Officer Shoots Restrained Suspect

Published

on


A viral clip has made its way online showing a police officer in Delta State shooting a suspect who had already been restrained.

It can be noted that the suspect was pleading, claiming he had been framed and deceived, and said he would lead them to the right place.

However, while he was pleading, the police officer shot him. The officer later stated that the suspect was armed with a gun.

It was later revealed that the police officer has been arrested, as it is against the law to shoot a restrained suspect.


Continue Reading

News

24 Children Abducted from Orphanage in Kogi State

Published

on


It was reported by the Kogi State Government that 24 children were abducted from an orphanage home. It was shared that this happened on the 26th of April, Sunday, and gunmen were seen in the area that day.

The information was shared by the Commissioner of Information, Kingsley Fanwo, who shared this sad news and described it as unfortunate.

“We condemn in strong terms the abduction of innocent children from an orphanage, the government is working closely with security operatives to ensure their safe return,”


 

Continue Reading

News

Afia Schwarzenegger Reacts to Xenophobia in South Africa

Published

on


Ghanaian media personality Afia Schwarzenegger speaks on the xenophobia issues occurring around Africans in South Africa.

She stated that Ghana is not the same as Nigeria and shared that if such issues happen to Ghanaians in South Africa, they will speak up and not keep quiet. She added that they will react.

“Ghana is not like Nigeria and we won’t hesitate to return the stupid favour.”


Continue Reading

Trending