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African startup funding hits nearly $20bn in seven years

13.01.2026
By the close of 2025, Nigerian startups and their counterparts across Africa had secured nearly $20bn in funding over a seven-year period. This was disclosed in the review of 2025 by Africa: The Big Deal, a platform that tracks startup ecosystem activities on the continent. According to compiled data tracking fundraising activity since 2019, more...
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Tech Innovator Deploys AI for Disability Inclusion

13.01.2026
In a move highlighting his commitment to using technology for social good, Nigerian-born tech innovator Hanu Agbodjie has donated AI-powered smart glasses to hearing-impaired Nigerians, as part of efforts to expand access to opportunities and promote social inclusion for persons living with disabilities. The first beneficiaries of the initiative are Joylyn Oge Jacobson, a Lagos-based...
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NBS to Normalise December Inflation Data Over Projected Spik

13.01.2026
The National Bureau of Statistics has said that it would ‘normalise’ Nigeria’s inflation data for December 2025 over a projected spike in last month’s Consumer Price Index. This was disclosed on Monday during a virtual stakeholders engagement convened by the NBS and the Nigerian Economic Summit Group NBS explained that the expected spike in inflation...
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Heirs Technologies Gets NRS Accreditation for E-Invoicing

13.01.2026
Heirs Technologies has secured accreditation from the Nigeria Revenue Service as a System Integrator for the Federal Government’s mandatory e-invoicing regime. According to a statement from the firm on Monday, this appointment positions the company as one of the authorised partners to help businesses comply with the Merchant Buyer Solution framework. The PUNCH reports that...
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Lagos, Abuja Rents Surge Amid Nigeria’s Housing Strain

12.01.2026
The Managing Director of Stallion Cardinal Homes, Dr Waliu Adeoye, has noted that rents in Lagos and Abuja have surged by up to 20 per cent annually in some locations, intensifying housing pressure on tenants amid widening affordability challenges. In a statement, Adeoye noted that Nigeria’s real estate sector stands at a critical crossroads in...
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Short Lets & Studios Redefine Nigeria’s Housing Market

12.01.2026
A 2025 report by Knight Frank has revealed that short lets and studio apartments are transforming Nigeria’s housing market, catering for rising demand for compact, flexible urban living. According to the report, to rapidly boost housing supply, Lagos State is deploying public-private partnerships across a governance spectrum, from enabling private developers to co-delivering targeted projects....
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Why the Lagos-Calabar Coastal Highway Rail Is Missing

12.01.2026
The Federal Government has clarified concerns over the apparent absence of railway tracks along portions of the ongoing Lagos–Calabar Coastal Highway project, stating that the rail component remains an integral part of the design but is constrained by land availability in some built-up areas. The clarification followed growing debate after recent videos of the ongoing...
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Nigeria’s REIT Market Thrives on Rapid Urbanisation

12.01.2026
Nigeria’s REIT market, though still in its early stages, is gaining investor attention as rapid urbanisation and a growing population drive demand for income-generating real estate, according to a Knight Frank Real Estate report. The report indicated that Real Estate Investment Trusts have emerged as a transformative investment vehicle globally, allowing investors to access real...
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Nigeria real estate faces affordability crisis in 2025

12.01.2026
Stakeholders in the real estate sector have opined that rising inflation and worsening housing affordability in 2025 significantly undermined investment, construction activity, and demand across Nigeria’s real estate sector. In an exclusive interview, the Chief Executive Officer of McYouniverse Group, Michael Egbekoya, said the average national housing prices rose by an estimated 15 per cent...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
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Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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