Telecom FDI inflows rebound to $208.51m in Q3 2025
Foreign direct investment (FDI) into Nigeria’s telecommunications sector staged a strong recovery in the third quarter of 2025, rising to $208.51 million, according to the latest capital importation figures released by the National Bureau of Statistics. The Q3 2025 inflow represents a dramatic rebound from the $14.74 million recorded in the same period of […]
Nigerian drone startup Terrahaptix raises fresh $22m in funding round led by Lux Capital
Abuja-based autonomous security technology startup Terrahaptix has secured an additional $22 million in fresh funding to scale production of its surveillance and protection systems for critical infrastructure across Africa. The latest round was led by US venture capital firm Lux Capital, with participation from Resilience17 Capital, an investment firm founded by Olugbenga Agboola, chief […]
