Nigeria
Nigeria: Digital addressing startup OkHi raises $1.5m seed round extension
Smart addressing startup OkHi has secured a US$1.5 million seed extension, bringing the total of its seed funding to US$3 million, to support ...
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Nigeria: Emmanuel Emefienim resigns from Sterling Bank, gets CBN approval as MD/CEO, Premium Trust Bank
Sterling Bank’s Executive Director, Institutional Banking Group, Emmanuel Emefienim has resigned from the services of the Bank with effect from March 1, 2022. ...
Nigeria
Nigeria: Flapmax and Microsoft Announce First Cohort of African Startups Selected for the FAST Digital Transformation Program
Twelve-week accelerator brings together entrepreneurs to jumpstart technology innovation Flapmax (www.Flapmax.com) announced today the twelve companies selected for the first cohort of the FAST startup accelerator (www.FASTaccelerator.com), ...
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Nigeria: FIRS, MultiChoice settle $4.4b tax dispute
The Federal Inland Revenue Service (FIRS) and MultiChoice Group Limited, Africa’s biggest pay-TV provider, yesterday agreed to an out-of-court settlement on the $4.4 ...
Nigeria
Nigeria: Ghanaian e-commerce startup Tendo launches in Nigeria with heavyweight backing
Ghanaian startup Tendo, which enables anyone to sell online with zero upfront inventory, has launched in Nigeria after securing the backing of heavyweights ...
Nigeria
Nigeria: Nigerian Financial Super-App, YEP!, Raises $1.5m in Pre-Seed Funding
Yep!, a financial super-app, has raised $1.5 million in a pre-seed funding round led by Greenhouse Capital as the company launches its revolutionary ...
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Nigeria: Nigeria Google customers to pay 7.5% VAT from April 1
Technology giant, Google, has said Nigerians using its platform to do business will start paying 7.5 per cent as value-added tax, VAT, from April ...
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Nigeria: CBN’ll boost local production with agric initiatives, says Emefiele
The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has expressed satisfaction with what he described as the high interest of Nigerians in ...
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Nigeria: Nigerian banks’ hidden costs hindering financial inclusion — Report
The report says the cost of financial services remains a major barrier to access for price-sensitive consumers, especially within marginalised, vulnerable, and lower-income ...
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Nigeria: CBN says banks’ non-performing loans hit the lowest in 10 years
The Central Bank of Nigeria (CBN) stated that commercial banks’ non-performing loans (NPLs) levels in Nigeria fell below 5% to 4.94% at the ...