Deborah Dan-Awoh, Author at Nairametrics Destination for Business news and analysis from Africa's largest economy Sat, 15 Jun 2024 07:21:16 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Deborah Dan-Awoh, Author at Nairametrics 32 32 201037849 Lagos State allocates N1bn Seed Fund for Startups  https://nairametrics.com/2024/06/15/lagos-state-allocates-n1bn-seed-fund-for-startups/ https://nairametrics.com/2024/06/15/lagos-state-allocates-n1bn-seed-fund-for-startups/#respond Sat, 15 Jun 2024 06:30:50 +0000 https://nairametrics.com/?p=491297 The Lagos State government under the leadership of Governor Babajide Sanwo-Olu of Lagos State has allocated N1 billion as a seed fund for startups to the Lagos State Science, Research, and Innovation Council (LASRIC). 

The post Lagos State allocates N1bn Seed Fund for Startups  appeared first on Nairametrics.

]]> https://nairametrics.com/2024/06/15/lagos-state-allocates-n1bn-seed-fund-for-startups/feed/ 0 491297 “Investing in meme coins, including $Davido, is highly risky”- SEC  https://nairametrics.com/2024/06/14/investing-in-meme-coins-including-davido-is-highly-risky-sec/ https://nairametrics.com/2024/06/14/investing-in-meme-coins-including-davido-is-highly-risky-sec/#respond Fri, 14 Jun 2024 17:37:07 +0000 https://nairametrics.com/?p=491294 The Securities and Exchange Commission of Nigeria (“SEC”) has issued a cautionary statement regarding the significant risks associated with investments in meme coins, including those linked to Afrobeat singer David Adeleke, popularly known as Davido. 

The post “Investing in meme coins, including $Davido, is highly risky”- SEC  appeared first on Nairametrics.

]]> https://nairametrics.com/2024/06/14/investing-in-meme-coins-including-davido-is-highly-risky-sec/feed/ 0 491294 Elon Musk wins $56 billion Tesla pay package, 70% larger than Nigeria’s external reserve https://nairametrics.com/2024/06/14/tesla-shareholders-approve-56-billion-compensation-package-for-elon-musk/ https://nairametrics.com/2024/06/14/tesla-shareholders-approve-56-billion-compensation-package-for-elon-musk/#respond Thu, 13 Jun 2024 23:03:08 +0000 https://nairametrics.com/?p=491223 Elon Musk, the billionaire CEO of Tesla and owner of the social media platform X, has successfully secured shareholder approval for his substantial compensation package.

The post Elon Musk wins $56 billion Tesla pay package, 70% larger than Nigeria’s external reserve appeared first on Nairametrics.

]]> https://nairametrics.com/2024/06/14/tesla-shareholders-approve-56-billion-compensation-package-for-elon-musk/feed/ 0 491223 Tinubu appoints late Yar’Adua’s former economic adviser, Tanimu Yakubu, as new DG Budget Office https://nairametrics.com/2024/06/13/tinubu-appoints-late-yaraduas-former-economic-adviser-tanimu-yakubu-as-new-dg-budget-office/ https://nairametrics.com/2024/06/13/tinubu-appoints-late-yaraduas-former-economic-adviser-tanimu-yakubu-as-new-dg-budget-office/#respond Thu, 13 Jun 2024 21:14:08 +0000 https://nairametrics.com/?p=491218 President Bola Tinubu has approved the appointment of Tanimu Yakubu as the Director-General of the Budget Office of the Federation, following the expiration of Ben Akabueze's tenure. 

The post Tinubu appoints late Yar’Adua’s former economic adviser, Tanimu Yakubu, as new DG Budget Office appeared first on Nairametrics.

]]> https://nairametrics.com/2024/06/13/tinubu-appoints-late-yaraduas-former-economic-adviser-tanimu-yakubu-as-new-dg-budget-office/feed/ 0 491218 Will Smith’s “Bad Boys” nears N70 million gross earnings in Nigerian cinemas https://nairametrics.com/2024/06/13/will-smiths-bad-boys-nears-n70-million-gross-earnings-in-nigerian-cinemas/ https://nairametrics.com/2024/06/13/will-smiths-bad-boys-nears-n70-million-gross-earnings-in-nigerian-cinemas/#comments Thu, 13 Jun 2024 17:25:38 +0000 https://nairametrics.com/?p=491202 The Cinema Association of Nigeria, "Bad Boys: Ride or Die" swiftly ascended to the top of the box office charts, becoming the most-watched movie in Nigerian cinemas between June 7 and June 9, 2024.

The post Will Smith’s “Bad Boys” nears N70 million gross earnings in Nigerian cinemas appeared first on Nairametrics.

]]> https://nairametrics.com/2024/06/13/will-smiths-bad-boys-nears-n70-million-gross-earnings-in-nigerian-cinemas/feed/ 1 491202 Top 15 busiest airports in Africa https://nairametrics.com/2024/06/13/top-15-busiest-airports-in-africa/ https://nairametrics.com/2024/06/13/top-15-busiest-airports-in-africa/#respond Thu, 13 Jun 2024 10:09:42 +0000 https://nairametrics.com/?p=491171 Top 15 busiest airports in Africa

The post Top 15 busiest airports in Africa appeared first on Nairametrics.

]]> https://nairametrics.com/2024/06/13/top-15-busiest-airports-in-africa/feed/ 0 491171  Nigeria’s advertising industry to hit N893 billion by 2028 – Report  https://nairametrics.com/2024/06/12/nigerias-advertising-industry-to-hit-n893-billion-by-2028-report/ https://nairametrics.com/2024/06/12/nigerias-advertising-industry-to-hit-n893-billion-by-2028-report/#respond Wed, 12 Jun 2024 06:28:07 +0000 https://nairametrics.com/?p=491115 The Nigerian advertising industry is set to reach an estimated N893 billion by 2028, according to a new report by PricewaterhouseCoopers (PwC).  

The post  Nigeria’s advertising industry to hit N893 billion by 2028 – Report  appeared first on Nairametrics.

]]> https://nairametrics.com/2024/06/12/nigerias-advertising-industry-to-hit-n893-billion-by-2028-report/feed/ 0 491115 Sallah: Ram costs jump to N750,000, sellers lament poor sales in Badagry  https://nairametrics.com/2024/06/11/sallah-ram-costs-jump-to-n750000-sellers-lament-poor-sales-in-badagry/ https://nairametrics.com/2024/06/11/sallah-ram-costs-jump-to-n750000-sellers-lament-poor-sales-in-badagry/#respond Tue, 11 Jun 2024 19:52:30 +0000 https://nairametrics.com/?p=491099 Amidst the upcoming Eid-El-Kabir festival, ram sellers in Badagry, Lagos State, are grappling with sluggish sales as costs increase to as much as N750,000 for a large ram. 

The post Sallah: Ram costs jump to N750,000, sellers lament poor sales in Badagry  appeared first on Nairametrics.

]]> https://nairametrics.com/2024/06/11/sallah-ram-costs-jump-to-n750000-sellers-lament-poor-sales-in-badagry/feed/ 0 491099 Unilorin’s N230 million monthly electricity bill not sustainable – VC https://nairametrics.com/2024/06/10/unilorins-n230-million-monthly-electricity-bill-not-sustainable-vc/ https://nairametrics.com/2024/06/10/unilorins-n230-million-monthly-electricity-bill-not-sustainable-vc/#respond Mon, 10 Jun 2024 15:04:14 +0000 https://nairametrics.com/?p=491011 The Vice-Chancellor of the University of Ilorin, Professor Wahab Egbewole, has raised alarms over the institution's skyrocketing monthly electricity bill, which has surged from N70 million to an unsustainable N230 million.

The post Unilorin’s N230 million monthly electricity bill not sustainable – VC appeared first on Nairametrics.

]]> https://nairametrics.com/2024/06/10/unilorins-n230-million-monthly-electricity-bill-not-sustainable-vc/feed/ 0 491011 These 9 tech billionaires have gained $226 billion this year already  https://nairametrics.com/2024/06/10/these-9-tech-billionaires-have-gained-226-billion-this-year-already/ https://nairametrics.com/2024/06/10/these-9-tech-billionaires-have-gained-226-billion-this-year-already/#respond Mon, 10 Jun 2024 09:10:57 +0000 https://nairametrics.com/?p=490963 The CEOs of Nvidia and Meta, Jensen Huang and Mark Zuckerberg, along with seven other tech billionaires, have seen their net worth increase by a combined $266.4 billion nearly six months into 2024. 

The post These 9 tech billionaires have gained $226 billion this year already  appeared first on Nairametrics.

]]> https://nairametrics.com/2024/06/10/these-9-tech-billionaires-have-gained-226-billion-this-year-already/feed/ 0 490963 Weaker Naira boosts export of Nigerian made goods – Customs Comptroller  https://nairametrics.com/2024/06/09/weaker-naira-boosts-export-of-nigerian-made-goods-customs-comptroller/ https://nairametrics.com/2024/06/09/weaker-naira-boosts-export-of-nigerian-made-goods-customs-comptroller/#respond Sun, 09 Jun 2024 14:18:56 +0000 https://nairametrics.com/?p=490940 The devaluation of the Naira has had a positive impact on the exportation of Nigeria’s local products to neighboring countries in West Africa. 

The post Weaker Naira boosts export of Nigerian made goods – Customs Comptroller  appeared first on Nairametrics.

]]> https://nairametrics.com/2024/06/09/weaker-naira-boosts-export-of-nigerian-made-goods-customs-comptroller/feed/ 0 490940 Foreign Investors flock to Saudi Aramco’s $11.2 billion stock sale  https://nairametrics.com/2024/06/09/foreign-investors-flock-to-saudi-aramcos-11-2-billion-stock-sale/ https://nairametrics.com/2024/06/09/foreign-investors-flock-to-saudi-aramcos-11-2-billion-stock-sale/#respond Sun, 09 Jun 2024 10:14:40 +0000 https://nairametrics.com/?p=490910 Foreign investors are set to receive approximately 60% of the shares on offer in Saudi Aramco’s recent $11.2 billion stock sale.

The post Foreign Investors flock to Saudi Aramco’s $11.2 billion stock sale  appeared first on Nairametrics.

]]> https://nairametrics.com/2024/06/09/foreign-investors-flock-to-saudi-aramcos-11-2-billion-stock-sale/feed/ 0 490910 Funmilayo Ransom Kuti Biopic rakes N100 million in ticket sales in less than 1 month https://nairametrics.com/2024/06/09/funmilayo-ransom-kuti-biopic-rakes-n100-million-in-ticket-sales-in-less-than-1-month/ https://nairametrics.com/2024/06/09/funmilayo-ransom-kuti-biopic-rakes-n100-million-in-ticket-sales-in-less-than-1-month/#respond Sun, 09 Jun 2024 10:09:32 +0000 https://nairametrics.com/?p=490927 Funmilayo Ransom Kuti Biopic rakes N100 million in ticket sales in less than 1 month

The post Funmilayo Ransom Kuti Biopic rakes N100 million in ticket sales in less than 1 month appeared first on Nairametrics.

]]> https://nairametrics.com/2024/06/09/funmilayo-ransom-kuti-biopic-rakes-n100-million-in-ticket-sales-in-less-than-1-month/feed/ 0 490927 BIG READ: Amidst drought in funding for Nigerian tech startups, stakeholders proffer 5 solutions https://nairametrics.com/2024/05/26/5-solutions-stakeholders-proffer-amidst-funding-drought-for-nigerian-tech-startups/ https://nairametrics.com/2024/05/26/5-solutions-stakeholders-proffer-amidst-funding-drought-for-nigerian-tech-startups/#respond Sun, 26 May 2024 13:00:50 +0000 https://nairametrics.com/?p=489925 Nigerian startups have faced significant challenges in securing funding, with a noticeable decline in investments for African tech startups from 2020 to 2024, despite Nigeria being a major hub for startups.

The post BIG READ: Amidst drought in funding for Nigerian tech startups, stakeholders proffer 5 solutions appeared first on Nairametrics.

]]> https://nairametrics.com/2024/05/26/5-solutions-stakeholders-proffer-amidst-funding-drought-for-nigerian-tech-startups/feed/ 0 489925 US opposes 2% global taxation on billionaires from 2024  https://nairametrics.com/2024/05/24/us-opposes-2-global-taxation-on-billionaires-from-2024/ https://nairametrics.com/2024/05/24/us-opposes-2-global-taxation-on-billionaires-from-2024/#respond Fri, 24 May 2024 05:56:21 +0000 https://nairametrics.com/?p=489807 The Biden administration has opposed a proposal to institute a worldwide tax on the assets of the ultrawealthy, which is under consideration by some members of the G20 group of advanced economies. 

The post US opposes 2% global taxation on billionaires from 2024  appeared first on Nairametrics.

]]> https://nairametrics.com/2024/05/24/us-opposes-2-global-taxation-on-billionaires-from-2024/feed/ 0 489807 FG eyes new $20 billion oil and gas deal – Lokpobiri  https://nairametrics.com/2024/05/24/fg-pursuing-new-20-billion-oil-and-gas-deal-lokpobiri/ https://nairametrics.com/2024/05/24/fg-pursuing-new-20-billion-oil-and-gas-deal-lokpobiri/#respond Fri, 24 May 2024 05:29:02 +0000 https://nairametrics.com/?p=489799 The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has announced the Federal Government's ambitious plan to solidify a groundbreaking deal valued at a staggering $20 billion. 

The post FG eyes new $20 billion oil and gas deal – Lokpobiri  appeared first on Nairametrics.

]]> https://nairametrics.com/2024/05/24/fg-pursuing-new-20-billion-oil-and-gas-deal-lokpobiri/feed/ 0 489799 Techstars CEO steps down https://nairametrics.com/2024/05/23/techstars-ceo-steps-down/ https://nairametrics.com/2024/05/23/techstars-ceo-steps-down/#respond Thu, 23 May 2024 08:53:04 +0000 https://nairametrics.com/?p=489718 The Chief Executive Officer of Techstars, Maëlle Gavet has announced her departure from the company, citing health reasons.

The post Techstars CEO steps down appeared first on Nairametrics.

]]> https://nairametrics.com/2024/05/23/techstars-ceo-steps-down/feed/ 0 489718 Nigeria’s top 10 grossing actors earned nearly N3 billion in 2023 https://nairametrics.com/2024/05/23/nigerias-top-10-grossing-actors-earned-nearly-n3-billion-in-2023/ https://nairametrics.com/2024/05/23/nigerias-top-10-grossing-actors-earned-nearly-n3-billion-in-2023/#respond Thu, 23 May 2024 08:21:22 +0000 https://nairametrics.com/?p=489696 Nigeria’s top 10 highest grossing actors earned nearly N3B in 2023.

The post Nigeria’s top 10 grossing actors earned nearly N3 billion in 2023 appeared first on Nairametrics.

]]> https://nairametrics.com/2024/05/23/nigerias-top-10-grossing-actors-earned-nearly-n3-billion-in-2023/feed/ 0 489696 Turkish Airlines may face sanctions over mistreatment of Nigerian passengers  https://nairametrics.com/2024/05/23/turkish-airlines-may-face-sanctions-over-mistreatment-of-nigerian-passengers/ https://nairametrics.com/2024/05/23/turkish-airlines-may-face-sanctions-over-mistreatment-of-nigerian-passengers/#respond Thu, 23 May 2024 06:39:07 +0000 https://nairametrics.com/?p=489690 The Nigerian Civil Aviation Authority (NCAA) has indicated its readiness to impose regulatory sanctions on Turkish Airlines in response to the airline's alleged mistreatment of Nigerian passengers.  

The post Turkish Airlines may face sanctions over mistreatment of Nigerian passengers  appeared first on Nairametrics.

]]> https://nairametrics.com/2024/05/23/turkish-airlines-may-face-sanctions-over-mistreatment-of-nigerian-passengers/feed/ 0 489690 Shonda Rhimes’s ‘Bridgerton’ Season 3 tops Netflix charts in Nigeria, 77 other countries https://nairametrics.com/2024/05/22/shonda-rhimess-bridgerton-season-3-tops-netflix-charts-in-nigeria-77-other-countries/ https://nairametrics.com/2024/05/22/shonda-rhimess-bridgerton-season-3-tops-netflix-charts-in-nigeria-77-other-countries/#respond Wed, 22 May 2024 13:53:02 +0000 https://nairametrics.com/?p=489646 Shonda Rhimes's 'Bridgerton' Season 3 tops Netflix charts in Nigeria, 77 other countries.

The post Shonda Rhimes’s ‘Bridgerton’ Season 3 tops Netflix charts in Nigeria, 77 other countries appeared first on Nairametrics.

]]> https://nairametrics.com/2024/05/22/shonda-rhimess-bridgerton-season-3-tops-netflix-charts-in-nigeria-77-other-countries/feed/ 0 489646