Logistics Startup Gokada Files for Chapter 11 Bankruptcy Amid Financial Struggles
Gokada filed for Chapter 11 bankruptcy protection on October 18, 2024. Total liabilities reported at $5.2 million, including $1.8 million owed to non-insider creditors.
Lagos State is crafting its own Startup Bill
Lagos State is crafting its own Startup Bill called the Lagos Innovation Bill to support tech startups. Paystack and Piggyvest have acquired Brass, a Nigerian digital bank for small businesses.
