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Nigeria’s Juicyway raises $3 million to help businesses solve FX shortage problem Nexovant
Juicyway, a Nigerian cross-border payments startup that helps businesses get FX for international transactions, has raised $3 million in pre-seed funding. The company will use the funding to expand its marketing and business development teams, improve its technology, and scale its business in Nigeria, the US, the UK, and Canada. P1 Ventures led the round […]
Uzo Oshogwe replaces Dupe Olusola as MD/CEO of Transcorp Hotels Plc Nexovant
Transcorp Hotels Plc has announced the appointment of Mrs. Uzo Oshogwe as its new Managing Director/Chief Executive Officer (MD/CEO), effective January 1, 2025. Mrs. Oshogwe, currently the MD/CEO of Afriland Properties Ltd, brings a wealth of experience to her new role at Transcorp Hotels. She now succeeds Mrs. Dupe Olusola, who served as the MD/CEO […]
FG announces free train services nationwide for Christmas, new year celebrations Nexovant
The Federal Government has announced nationwide free train services from December 20, 2024, to January 5, 2025, as part of the Christmas celebrations. This was one of the resolutions reached at the Federal Executive Council (FEC) meeting presided over by President Bola Tinubu on Monday, as disclosed by the Minister of Information and National Orientation, […]
Cocoa prices spike 24% over fears of short supply for Christmas chocolatiers Nexovant
Cocoa prices have risen over 24% month-to-date in December 2024, surpassing the $11,000 mark amid concerns that supply may fall short of meeting the demand from Christmas chocolatiers. The sharp rise is likely driven by supply constraints in Ghana and Ivory Coast and surging festive demand for chocolate. In Ghana, the world’s second-largest cocoa producer, […]
All-Share Index closes at 99,922, eyes 100,000 mark as LIVINGTRUST tops gainers Nexovant
All-Share Index closes at 99,922, eyes 100,000 mark as LIVINGTRUST tops gainers The Nigerian All-Share Index (ASI) posted a robust performance on December 16, 2024, climbing 544.57 points to close at 99,922.63—a solid 0.55% gain—as it inches closer to the 100,000-mark. Investor activity surged, with trading volume reaching an impressive 740 million shares—a 38% increase […]
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