Nigeria's July 29, 2025 Highlights

Nigeria's tech startup ecosystem saw over $400 million in funding in 2024, according to NITDA, supported by initiatives like the Nigeria Startup Act and the digital free zone.

CUTIX Plc achieved a 30% revenue increase to ₦15.8 billion in four months, despite experiencing a decline in profit during the period.

Transcorp Power declared an interim dividend of ₦11.25 billion as its profit for the first half of 2025 reached ₦58.7 billion.

MTN Nigeria introduced an accelerator program to support African innovators in scaling their innovations and transforming industries.

Google launched its first AI Community Centre in Accra, Ghana, offering AI education, research opportunities, and 100,000 scholarships.

Malawian graduate Staff Nyoni developed an app for visually impaired learners and received MK38 million from Save the Children for his innovation.