Business
Startup Act: FG opens portal to register startups across Nigeria
The Federal Government has launched an engagement portal to register startups in the country as part of implementing the Nigeria Startup Act.
The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, announced this Tuesday night. The portal will also be used to engage with Venture Capital companies, hubs, and innovation centres, according to the Minister.
This development is coming a year after the Startup Act was signed into law by the immediate past President Muhammadu Buhari.
Announcing the launch of the portal via a post on his X handle, the Minister said:
Former President Buhari signed the Nigeria Startup Bill 2022 into law on October 19 2022 to put an end to the legal uncertainties that had trailed the startup industry in the past. It provides for what qualifies a company to register and obtain startup status. The Act stipulates among others that:
FG to create SPV for building stadium-sized performance arenas in Abuja and Lagos – Hannatu Musawa
FAAN launches “Operation Air Clean” to improve passenger experience at MMIA and GAT
Drug prices rise more than 100% as Nigerians enter Christmas season
McKinsey Africa to pay $122 million in bribery case linked to South African govt officials
Defence Minister Hails President Tinubu Over Military Salary Increment, Pension Payment
FG Begins Payment of Pension Arrears to Retired Military Personnel
Credence Nigeria launches scholarship for disadvantaged law students
Business1 week agoHow UBA Bank Plc , Used EFCC to Frustrate Jude Bela A Legitimate Techpreneur
Business5 days agoNigerian court unfreezes N89 million in bank accounts previously indicted for illegal crypto dealings
News1 week agoDelta Boat Accident: Speaker Guwor Among Survivors, Says Press Sec
Business1 week agoEx-CEO of Federal Mortgage Bank granted N100 million bail in alleged $65 million ‘fraud case’
Business5 days agoFCCPC probes GTBank, MTN and Air Peace over alleged customer rights violations
Business1 week agoNaira has been stable since June, Cardoso says
News1 week agoFour Arrested for Forging Govt Documents, Job Racketeering
News1 week agoSenate Set to Pass Controversial Tax Reform Bill After Heated Debate