Tony Elumelu Foundation Unveils $16 Million Grant for 3,200 Young African Entrepreneurs
The Tony Elumelu Foundation (TEF) has announced a landmark $16 million grant aimed at empowering 3,200 young entrepreneurs across 54...
Moniepoint Acquires Orda to Power Africa’s Restaurant Economy
Moniepoint Inc. has announced the acquisition of Orda Africa, a cloud-based restaurant management platform, in a strategic move to expand...
NGX Lifts Suspension on Zichis Agro-Allied Shares After Probe
Trading in the shares of Zichis Agro-Allied Industries Plc has officially resumed following the decision by Nigerian Exchange Limited to...
Nigeria to Adopt T+1 Settlement Cycle from May 29
Nigeria’s capital market is set for a major transformation as it prepares to transition from a two-day (T+2) to a...
Zenith Bank Expands to UK, Eyes Dual Listing by 2027
Nigerian financial powerhouse Zenith Bank has deepened its international footprint with the opening of a new branch in Manchester, United...
NNPCL Remittance Jumps Over 650% After Executive Order
Nigeria’s oil revenue inflows witnessed a dramatic surge following a new executive directive by President Bola Tinubu, with remittances from...
World Bank Debars PwC Africa Units Over Electricity Project Fraud
The World Bank has debarred three African subsidiaries of global consulting giant PricewaterhouseCoopers (PwC) for 21 months after uncovering collusive...
Tony Elumelu Deploys $100 Million Seed Capital to Support African Startups
African investor and philanthropist Tony Elumelu has announced that more than $100 million in seed capital has been deployed to...
Parallex Bank Meets CBN Recapitalisation Requirement Ahead of Deadline
Parallex Bank has announced that it has successfully completed its recapitalisation process, surpassing the minimum capital requirement set by the...
Thibaut Boidin Appointed Chairman of Nigeria’s Beer Sectoral Group
Thibaut Boidin, Managing Director and Chief Executive Officer, has been appointed Chairman of the Beer Sectoral Group (BSG), a key...
At Spectra, we're more than just a news website. We are your gateway to a dynamic world where technology, business, and lifestyle stories come together to create a richer, more vivid picture.