Business News

Articles on strategies for scaling businesses effectively
Information on events, workshops, and forums for SMEs to connect.

Metro Africa Xpress

MAX raises $29m to scale Nigeria’s largest EV mobility platform

Nigerian electric-mobility company MAX, formally known as Metro Africa Xpress, has extended its Series B3 funding round to $29 million following an undisclosed financing commitment from Nithio, a US-based climate…

Africa Finance Corporation appoints CBN Governor Cardoso as Chairman

House of Representatives demands emergency summit on SME interest rates as Nigeria’s lending costs dwarf regional peers

SMEs

FG, Seamfix launch digital identity registry to formalise Nigeria’s cooperative societies

NESGNigerian Economic Summit Group (NESG)

NESG projects Nigeria’s external reserves to hit $53bn by year-end, H2 growth targets 4.5%

National Iron Ore Mining Company

FG signs $1.3bn deal to revive Delta Steel, manufacturing supply chain opportunity opens

PenCom

Nigeria’s N31tn pension industry consolidates as capital rules squeeze smaller operators

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