When Terra Industries, a Nigerian defence technology startup, recently announced an $11.75 million funding round led by Silicon Valley venture firm 8VC, many celebrated it as a triumph of Nigerian innovation. Co-founded by 22-year-old Nathan Nwachuku and 26-year-old Maxwell Maduka, Terra is currently protecting assets valued at approximately $11 billion across Nigeria—hydropower plants, mines, and…
“There is no doubt that the coming into the market by Dangote Refinery will upend rules, traditions, and conventions as the industry has known it, as what Dangote has done in setting up such a massive refinery is to disrupt the industry within and without, at home and abroad. It would thus be naive on…
The National Agency for Science and Engineering Infrastructure (NASENI) is excited to announce the launch of an Inter-Agency Innovation Competition & Awards aimed at harnessing innovation, promoting collaboration and creativity among Ministries, Departments, and Agencies (MDAs) of the Federal Government. NASENI has the statutory mission “to develop and maintain a dynamic infrastructure to drive Nigeria’s…
In the bustling industrial estates of Ikeja, Agbara, and Ota, a quiet crisis is unfolding. It is not a crisis of capability; Nigerian pharmaceutical manufacturers are among the most resilient and resourceful in the world. It is not a crisis of demand—with a population of over 200 million, the market for essential medicines is vast…
