Nigeria
Nigeria: Nigerian female-led fintech closes $2 million in a seed round
Pivo, a fintech firm run by women in Nigeria, has closed a $2 million seed investment round to improve supply chain transaction management ...
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Nigeria: CBN Hikes Interest Rate to 16.5%
As inflation fighting gets dirty, the Central Bank of Nigeria’s (CBN) monetary policy committee has adopted a consensus to raise its benchmark interest ...
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Nigeria: CBN tells Nigerians in diaspora- We will not wait for you to bring your naira
The Central Bank of Nigeria (CBN) has informed Nigerians in the diaspora that it will not wait for them to return their old ...
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Nigeria: Buhari To Unveil Redesigned Naira Notes On Wednesday(November 23, 2022)– Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Tuesday said President Muhammadu Buhari will unveil newly designed N1,000, N500 ...
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Nigeria: NCC says 5G spectrum auction bidders must pay $27.36 million deposit
The Nigerian Communications Commission (NCC) said that anyone interested in participating in the forthcoming 3.5GHz spectrum auction for 5G will have to pay the sum ...
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Nigeria: Kuda Expands, Enters UK Market
Nigerian fintech company, Kuda has announced the launch its service in the United Kingdom, following an investment of $90 million. Kuda said the ...
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Nigeria: Stanbic IBTC appoints Babatunde Omotowa as an independent non-executive director
The board of directors of Stanbic IBTC Holdings Plc has appointed Babatunde Omotowa as an independent non-executive director, following the receipt of all ...
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Nigeria: Naira redesign- CBN launches countdown clock
The Central Bank of Nigeria has launched a countdown clock on its website for the January 31, 2023 deadline for the N200, N500, ...
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Nigeria: Union Bank of Nigeria Share Price Rises 13%
Union Bank of Nigeria’s share price gained 13%, thus helped pushed the banking index upward in the just concluded week. The recently acquired ...
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Nigeria: Interest Rate on T-Bills Hit 32-month High as CBN Mops N5.33trn in Primary Market
In order to attract more investors, especially at a period of inflationary pressures in the country, the Central Bank of Nigeria (CBN) increased ...