A logistics-tech company is expanding its reach. This company, based in the US, will gain a majority stake in a Nigerian startup. The acquisition is set to happen in stages over time.
The deal involves a combination of funding methods. Details about the value of the deal are not available.
Further information about the acquisition and its implications can be found through the companies involved or other reports.
business
MTN Nigeria has crossed 100 million subscribers for the first time, becoming the country’s first telecom operator to reach the milestone and further widening its lead over rivals. The company ended July with 100.86 million subscribers, according to the latest industry data from t...
News
The Yakurr Peoples Club, YPC, Abuja, has made a strong appeal to cultural groups, traditional rulers, community leaders and participants in the ongoing Leboku Festival to refrain from songs, dance chants and other cultural expressions capable of reopening wounds from the recent U...
News
Professor Mahmoud Bukar Maina, a Nigerian neuroscientist, has warned that Africans could continue to consume medicines developed without adequate testing on African populations, leaving patients exposed to treatments whose effects may not be fully understood in the continent. Mai...
News
The Dangote Petroleum Refinery and Petrochemicals FZE will, on September 14, 2026, open its initial public offering (IPO) for sale. The landmark ₦2.15 trillion ($1.6 billion) deal marks the launch of Nigeria’s largest-ever public share sale, with 4.1 billion ordinary shares...
safety
Operatives of the Benue State Police Command have arrested 46 suspects in connection with the attack on the convoy of the Nigeria Democratic Congress, NDC, presidential candidate, Peter Obi. Commissioner of Police, Cletus Nwadiogbu, who announced this on Wednesday, said investiga...
government
By Steve Oko UMUAHIA — Former Senate President and Chairman of the Board of Trustees of the Peoples Democratic Party, PDP, Senator Adolphus Wabara, has condemned the reported attack on and obstruction of the convoy of the presidential candidate of the Nigeria Democratic Congress,...
safety
… Court remands suspect in Suleja Correctional Centre By Kingsley Omonobi ABUJA — Operatives of the FCT Police Command have arrested a woman, Mrs Beauty Monday, for allegedly pouring boiling water on her neighbour during an argument over the use of a shared compound space in the ...
safety
By Peter Duru, Makurdi The Benue State Police Command has arrested 46 persons in connection with the obstruction of the movement of the presidential candidate of the Nigeria Democratic Congress, NDC, Mr Peter Obi, during his visit to the state on Tuesday. The commissioner of poli...
business
By Innocent Anaba A Federal High Court, Lagos, on Wednesday adjourned until September 21, 2026, hearing of pending applications in the case involving detained businessman and social media influencer, Afolabi Kazeem Michael, popularly known as KC Luxury. The adjournment followed a...
government
The UK Government has awarded 68 Nigerians the Chevening and Commonwealth scholarships to study a wide range of master’s degrees and PhD programmes in the UK in 2026. In a statement on Wednesday, the British High Commission said pre-departure ceremonies were held in honour of the...
News
Nigeria is rapidly transforming how its people manage money. Driven by multiple pressures, including inflation that steadily erodes purchasing power, the naira’s persistent struggle against foreign currencies, and the lingering memory of cash scarcity in 2023, Nigerians are activ...
Local
Motorists are stranded for several hours as two-week repair works on the Kara Bridge have triggered heavy gridlock on the Lagos-Ibadan Expressway. DAILY POST recalls that the Federal Government commenced the replacement of damaged expansion joints on the bridge on Tuesday after t...
