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The Nigerian federal government has allocated N2.25 billion to 45 student innovators as part of the Student Venture Capital Grant initiative. This programme aims to transform tertiary institutions into centres of innovation and entrepreneurship, fostering job creation and economic development.
Ayinde Soaga, the National President of the Moshood Abiola Polytechnic (MAPOLY) Alumni Association, has urged the Ogun State Government to enhance financial support for polytechnic education. The association highlights a significant funding shortfall impacting the institution's ability to maintain quality education.
Aliyu Tijani Ahmed, the Chief Executive Officer of the National Commission for Refugees, Migrants, and Internally Displaced Persons, highlighted that funding is a critical challenge in the resettlement of internally displaced persons (IDPs) in Nigeria. He called for support from the private sector to assist in addressing this issue.
France has issued a warning that it might halt the disbursement of climate funding to India unless the country enhances its climate change commitments. This follows a significant trade agreement signed between India and the European Union.
The Nigerian government has initiated a $552 million fund through the HOPE for Quality Basic Education for All (HOPE-EDU) program aimed at enhancing basic education. Launching the initiative in Abuja, the Minister of Education detailed its focus on early-grade learning and equitable access to quality education.
President Bola Tinubu emphasizes the government's dedication to advancing Nigeria’s space policy during the inaugural meeting of the National Space Council. The president called for prompt allocation of funds for the maintenance of space assets.
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has revealed that financial limitations hinder its ability to prosecute corruption cases effectively. This issue was highlighted during a Senate session where both the ICPC and the Economic and Financial Crimes Commission (EFCC) addressed lawmakers.
Nigerian NGOs are navigating significant challenges following the cessation of USAID funding in January 2025. As they strive to continue their impactful work, there is a pressing need for new funding opportunities and innovative strategies.
Senators have expressed serious concerns about inadequate funding, which they claim is hampering the operations of standing committees and jeopardizing effective budget implementation. This issue was highlighted during a meeting led by Senator Olamilekan Adeola on January 30.
OneDosh has completed a $3 million pre-seed funding round to develop a payment system powered by stablecoins, addressing the need for improved infrastructure in cross-border payments.
The Peoples Democratic Party (PDP) has expressed condolences to the families of Armed Forces members who died in service, urging the government to prioritize their welfare and funding.
Skild AI, a burgeoning robotics software company, has successfully raised $1.4 billion in a Series C funding round, resulting in a valuation that more than triples in less than a year—a testament to the growing confidence in AI-driven robotics.
