Other News

Kuda Bank

Nigerian Digital Bank Kuda Raises $1.6m in Pre-Seed Funding

Nigerian fintech start-up Kuda has raised $1.6 million in pre-seed funding in preparation for its beta launch as a digital bank. The Lagos and London-based company recently launched the beta version of its online mobile finance platform. Kuda also received its banking license from the Nigerian Central Bank, giving it […]

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Nigeria Cooking-Gas Usage Hit 78,000 Metric Tonnes

Nigeria Cooking-Gas Usage Hit 78,000 Metric Tonnes

Nigeria cooking-gas usage hit a 78 metric tonnes peak for the month of July, the Petroleum Products Pricing Regulatory Agency (PPPRA) has said. Known as the Liquefied Petroleum Gas (LPG), the PPPRA noted that its utilisation f rose from 40,000 Metric Tonnes (MT) in April to 78,000 metric tonnes in […]

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Popular Farms and Mills

Popular Farms and Mills Ltd Invests $70M to Improve Rice & Sesame Production in Nigeria

The management of Popular Farms and Mills Limited, a subsidiary of the Stallion Group, has invested more than $70 million to boost the production of agricultural varieties, particularly paddy rice and sesame in Nigeria, as to strengthen the country’s economy. The Managing Director, Kano-based Popular Farms and Mills, Amit Kumar […]

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