Featured Posts

Convertible Notes 101: An Introduction

Convertible Notes 101: An Introduction [i] Author: Brian Laung Aoaeh   We started discussing term sheets sometime ago. If you missed those discussions you should consider reading the previous posts titled “The Anatomy of A Term Sheet” before you read this one.   Today we ...

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Starting Business in Nigeria: Challenges and Way Out

Top Reasons Why It Is Difficult to Start a Business in Nigeria andthe Way Out Starting up a business in Nigeria can be very tough if the accurate strides and knowledge about the business is picked up before starting or investing ...

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StartCrunch Is The Main Crowdfunding Platform To Raise Money In Nigeria

StartCrunch is getting a lot of traffic and we ask people across Nigeria and Africa that now is the time to start creating projects to take advantage of the traffic. People are looking for projects to fund. Take action, fund ...

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Detailed Breakdown Of 2014 Nigerian Budget With Graphs

This is the 2014 Federal Government budget since  approved by the National Assembly and signed by President Goodluck Jonathan. Out of a total budget of N4.962 trillion, the allocation to the defence sector took about 20 per cent, totalling N968.127 ...

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The Most Lucrative Tech Sector Emerging In Africa For Investors

There are many promising technology sectors in Africa right now. The market is still very young but it has a lot of growth ahead of it. From our travels around the continent, we have noted that some sectors are ripe ...

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Editor’s Note: Oyibo calls trains/subways cars, sometimes.   Just as the new Toronto Rocket trains start rolling in the subway tunnels, the TTC’s old cars are about to start moving right out of the city.   A company called Eko Rail has a deal to buy 255 H5 and H6 cars from the TTC to furnish a 27-kilometre surface rail line in Lagos, Nigeria.   The TTC cars are being gradually retired as the new […]


The global giant and independent mobile ad network, InMobi, released its 2Q2011  Mobile Insights Report for Africa few days ago providing insights on mobile advertising trends on the continent. The company served 2.6 billion impressions in South Africa. Yet Nigeria and Ethiopia showed the fastest mobile ad growth in Africa during the quarter. However, South Africa maintains the top position as the largest African mobile market and represents one of every four mobile ads across […]


In an email newsletter, Google noted that the following African countries have gotten new country domains for the Google Maps: Somalia, Burkina Faso, Cameroon, Lesotho, Mali and Niger (highlighted in the map above, for the African portion of the world)   Back in 2005 we started with one domain, .com, and have since expanded to add regions from across the world. Today we are happy to announce that we are adding more than 40 new […]


 The African Social Venture Prize will reward three projects or enterprises addressing needs of the ‘bottom of pyramid’ market in Africa through technology. The digital projects range from e-health and mobile banking to digital and mobile applications for education or agriculture. They therefore represent huge opportunities for social development.   An initiative part of a larger Innovation strategy and Corporate Social Responsibility policy   Orange has commercial operations in 17 countries in Africa. This project […]


Robbins Umeda LLP, a shareholder rights litigation firm, has commenced an investigation into possible breaches of fiduciary duty and other violations of the law by certain officers and directors at Juniper Networks, Inc.   Juniper Networks designs, develops, and sells products and services that together provide its customers with network infrastructure that creates responsive and trusted environments for accelerating the deployment of services and applications over a single network. The company was founded in 1996, […]


STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, and a leading supplier of EEPROM memories has announced a new dual interface eeprom, designed to enable new applications for smartphones. Announced the strengthening of its position in the Near-Field Communication (NFC) market by extending user’s ability to read, write and transfer information on ST’s dual-interface Memory to a broad range of industrial and consumer applications.   ST’s M24LR64 wireless memory has the unique […]

delisted stocks

The website of Nigerian Stock Exchange has information that Afribank Plc, Bank PHB Plc and  Spring Bank Plc have been delisted from the exchange. This was officially done on Aug 5, according to the notice on the site which we captured above. It also delisted one unknown company, Nampak Nigeria Plc.   Notice: – We have delisted from the Daily Official List of The Nigerian Stock Exchange with effect from September 6, 2011. Nampak Nigeria Plc […]

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