funding challenges

  1. Foreign Investors Hesitate as Nigeria's Modular Refinery Projects Hang in Limbo

    Nigeria Foreign Investors Hesitate as Nigeria's Modular Refinery Projects Hang in Limbo

    Amidst crude oil supply uncertainties, funding for 20 modular refineries in Nigeria faces jeopardy, impacting domestic refining capacity and economic prospects. International investors seek guarantees, while regulatory challenges hinder progress. In Nigeria's energy sector, a critical impasse...
  2. Nigerian React to Nairametrics Report on Startup Shutdown After Raising $70 million

    Nigeria Nigerian React to Nairametrics Report on Startup Shutdown After Raising $70 million

    A wave of closures has swept through the Nigerian startup landscape, leaving nine innovative companies shuttered despite accumulating over $70 million in investor funds over the last two years. From Pivo's sudden demise, despite raising $2.6 million, to the unexpected shutdown of Lazerpay...
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