Sunday 29th March 2020,
Hope for Nigeria

Monthly Archives: March 2020

CcHUB Growth Capital has put money in 4 startups so far, more to come

CcHUB founder and CEO, Bosun Tijani confirmed to Techpoint that the CcHUB Growth Capital fund has investment in four startups. He also revealed plans to increase the capacity of the fund and ticket sizes for single investments. Techpoint.Africa [...]

October 31, 2018 Technology Business & StartUps

It appears SMEs still cannot use movable assets to secure loans in Nigeria

In May 2017, the Movable Assets Act was signed into law. It’s been over a year and many SMEs still cannot access loans due to lack of proper implementation of the law. Techpoint.Africa [...]

October 31, 2018 Technology Business & StartUps

Governance index scores Nigeria, others low on economy

Some economic experts have said the 2018 Ibrahim Index of African Governance (IIAG) has affirmed the prevailing unemployment and poor economies in Nigeria and a good number of other African nations amid the huge human and natural resources on the [...]

October 31, 2018 General

Pay N30,000 or lose 2019 polls, labour warns government

Besides insisting it would take nothing less than N30,000 as new minimum wage, organised labour yesterday threatened to vote out any government that refuses to meet its demand. It gave the ultimatum in a nationwide protest it held to reaffirm [...]

October 31, 2018 Government and politics

Teenager drowns in police college swimming pool

A teenager, Ifeanyi Onyekwere, has reportedly drowned in a swimming pool in the Police College, Ikeja, Lagos State. Hope for Nigeria gathered that the 17-year-old was assisting his mother at her shop before he left for the college where he died. [...]

October 31, 2018 Incidents

We can only pay N22,500 as minimum wage, governors tell workers

N22,500 as minimum wage: Nigerian governors have announced that states can only afford to raise the national minimum wage from N18, 000 to N22,500 as against the N30,000 being demanded by organised labour. The governors said this after an emergency [...]

October 31, 2018 Government and politics

Landslide threat: Akwa Ibom church insures 500 members

Akwa Ibom church insures 500 members A parish of the Redeemed Christian Church of God along the Uyo Village Road, has insured the lives of 500 of its members following a warning by the Akwa Ibom State Government that the [...]

October 31, 2018 Environmental issues

One dies as SUV falls into river in Abuja

SUV falls into river in Abuja: A young man, identified as Kingsley, has lost his life after a Lexus SUV lost control and fell into a river behind  EFAB Estate, Lokogoma District, Abuja, on Monday. Two other occupants of the [...]

October 31, 2018 Incidents

Where all the magic happens: Inside Flutterwave’s innovative office space

Flutterwave is one of Africa’s biggest payments technology companies. Here is where all the magic happens Techpoint.Africa [...]

October 30, 2018 Technology Business & StartUps

Ekobits Academy, a Lagos-based school is transforming youths from ‘Lekki slums’ through ICT and digital media

How Ekobits Academy is transforming youths with ICT and digital skills Techpoint.Africa [...]

October 30, 2018 Technology Business & StartUps

Lagos 2019: What could a change in government mean for local startups?

As Akinwunmi Ambode prepares to step down as Lagos state governor in 2019, we overview some of his administration’s startup-focused initiatives and their chances of continuity. Techpoint.Africa [...]

October 30, 2018 Technology Business & StartUps

A final call to register to pitch your startup at Techpoint Build 2019

As Pitch Storm at Techpoint Build closes tomorrow, 31st October 2019, Techpoint is making a final call for registration Techpoint.Africa [...]

October 30, 2018 Technology Business & StartUps

Quake rattles New Zealand as Harry, Meghan visit

A 6.1 magnitude earthquake rattled parts of central New Zealand Tuesday, where British royals Meghan and Harry are on tour, but officials said it caused no major damage. The quake was felt in Wellington during a session of parliament, prompting [...]

October 30, 2018 International

Shiites allegedly killed in clash with soldiers

Many members of the Islamic Movement of Nigeria (IMN), also known as Shiites, were allegedly killed in Abuja yesterday during a confrontation with security operatives. The casualty figure remains unclear. A leader of the group, Abdullahi Musa, however claimed: “100 [...]

October 30, 2018 Military

Okorocha attacks Udenwa, archbishop for supporting Uzodinma

The Imo State Governor, Rochas Okorocha, on Monday lashed out at the Catholic Archbishop of the Owerri Diocese, Most Reverend Anthony Obinna, saying the cleric along with ex-governor Achike Udenwa; his kinsman, Ezekiel Izuogu; and a former chairman of the [...]

October 30, 2018 Government and politics

After 13 days in EFCC custody, Fayose regains freedom

A former Governor of Ekiti State, Ayodele Fayose, has regained freedom after 13 days in custody of the Economic and Financial Crimes Commission. Fayose, who is facing trial for alleged money laundering and abuse of office, walked into the commission’s [...]

October 30, 2018 Government and politics

APC crisis: 36 more Reps may dump party before Nov 17

There were strong indications on Monday that more All Progressives Congress members of the House of Representatives might leave the party as the raging crisis over the loss of return tickets for 2019 deepened. Findings showed that about 36 more [...]

October 30, 2018 Government and politics

Patience Jonathan, others ask court to unfreeze her accounts

Wife of former President Goodluck Jonathan, Mrs. Patience Jonathan, has asked a Federal High Court sitting Lagos to unfreeze her accounts in which $8.4 million and N7.4 billion were domiciled. The former first lady, through her counsel, yesterday, passionately argued [...]

October 30, 2018 Government and politics

Flood claims four-year-old boy, property in Lagos

Flood claims four-year-old boy: The heavens opened on Sunday night and let out a downpour that lasted nearly 12 hours. While many Lagos residents were savouring a sound sleep, residents of Aboru in Alimosho Local Government Area and Oko-Oba in [...]

October 30, 2018 Environmental issues

Again, FG, governors fail to agree on new minimum wage

A meeting yesterday between Vice President Yemi Osinbajo and state governors to agree on a new national wage again stalemated. While organised labour is insisting on N30,000, the Federal Government wants to pay N24,000 and the states still undecided. The [...]

October 30, 2018 Government and politics

APC youths, councillors in Ogun insist on Akinlade’s candidature

An Ogun State Youth Forum yesterday in Abeokuta, the Ogun State capital, joined the list of protesters asking the All Progressives Congress (APC) National Working Committee (NWC) to recognise Kunle Akinlade instead of Dapo Abiodun as the party’s governorship candidate. [...]

October 30, 2018 Government and politics

Military have lost Buhari’s certificates, Presidency claims

The presidency has said the military had admitted losing President Muhammadu Buhari’s certificate. “The military already said they lost the certificates. But does it mean that it did not exist that the president went to school, sat for examinations and [...]

October 30, 2018 Government and politics

Prepare to meet the Techpoint team in Akure, Ife, Ibadan and Abeokuta

From the 4th to 17th of November, 2018, Techpoint will be touring South-Western Nigeria in the third edition of its annual Techpoint Innovation Tour. Here’s our itinerary and meetup schedule. Techpoint.Africa [...]

October 29, 2018 Technology Business & StartUps

MainOne grants MEST Nigeria free Internet access. Is there a catch?

As part of its CSR targeted at education and entrepreneurship, MainOne Cable has granted the Lagos, Nigeria arm of MEST (Meltwater Entrepreneurial School of Technology) Africa free Internet access. But there might be a catch. Techpoint.Africa [...]

October 29, 2018 Technology Business & StartUps

Panic grips Abuja as Shiites march today

Residents of the Federal Capital Territory (FCT) are worried about the probable outcome of today’s Arbaeen Trek by the Islamic Movement of Nigeria (also known as Shiites). Saturday’s edition of the yearly event turned deadly as some members of the [...]

October 29, 2018 Military

PDP condemns Buhari’s meeting with INEC boss

Buhari’s meeting with INEC boss: The Peoples Democratic Party (PDP) yesterday condemned an alleged secret meeting between President Muhammadu Buhari and the Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, last Friday in Abuja. PDP cautioned the [...]

October 29, 2018 Government and politics

Pro-Buhari senators seek juicy offers for aggrieved lawmakers

The All Progressives Congress caucus in the Senate has started pleading with their colleagues who failed to get tickets to contest the 2019 senatorial election not to dump the ruling party. Some members of the caucus told SUNDAY PUNCH on Saturday that [...]

October 28, 2018 Government and politics
Muhammadu Buhari

Presidential poll: Outrage over Buhari’s failure to submit certificate

Many Nigerians on Friday expressed outrage at President Muhammadu Buhari’s refusal to submit his educational certificates to the Independent National Electoral Commission, as required by law and his claim that the documents were with the military. Buhari had in a [...]

October 27, 2018 Government and politics

Ekiti seals off buildings allegedly linked to Fayose

Two buildings in Ado Ekiti allegedly linked to the immediate past governor of Ekiti State, Mr. Ayodele Fayose, have been sealed off by the state government for lack of the approved plan and permit. The government, through the Ministry of Housing and Physical Planning [...]

October 27, 2018 Government and politics
Osinbajo commissions power project in Lagos, says corruption is Nigeria’s biggest problem

Osinbajo commissions power project in Lagos, says corruption is Nigeria’s biggest problem

In a bid to solve the problem of insufficient power in the nation’s private sector, the vice president, Prof. Yemi Osinbajo has commissioned a 1.5Megawatt independent power project at the Sura shopping complex in Lagos. According to him, the project, [...]

October 27, 2018 Government and politics