Nigeria
Nigeria: Nigeria’s Grey accepted into Y Combinator’s Winter 2022 batch
Nigerian-based fintech, Grey, with a recent name change from Aboki Africa, has announced its acceptance into Y Combinator’s 2022 Winter batch for startups. Asides ...
Nigeria
Nigeria: Transtura Acquires WazoMoney, Launches Mobility Payment, Marketplace Solutions
Nigeria-based ride-hailing and shared mobility startup, Transtura has completed the acquisition of WazoMoney, a fintech startup which provides simplified payment solutions as it ...
Intelligence
Nigeria: NIPOST embraces Financial Technology
In a quest to improve its services, Financial Inclusion is key to ensuring that the upgrades of the productivity of the postal service ...
News
Nigeria: CBN Penalizes Zenith, FCMB, 11 Others for Not Having Enough Cash in Reserve
The Central Bank of Nigeria (CBN) has issued a punitive measure against 13 banks for not meeting up to the required 27.5 per cent Cash ...
News
Nigeria: Reps probe 45 million accounts without BVN, N1.2tn stuck in banks
The House of Representatives’ Ad Hoc Committee on Unclaimed Funds in the Nigerian Commercial Banks and Infractions by the Central Bank of Nigeria ...
News
Nigeria: SEC wants capital market to attract more Nigerians
The Securities and Exchange Commission has said it is committed to making the capital market attractive to all Nigerians. The Director-General, SEC, Mr ...
News
Nigeria: GTCO Completes Acquisition of One Funds Management
Guaranty Trust Holding Company Plc (GTCO Plc) has announced the completion of the acquisition of 100 per cent shares in Investment One Funds ...
Innovation
Nigeria: MainOne expands Global Cloud Connect services to drive Business Digital Transition in West Africa
The MainOne Cloud Connect service ensures direct, secure, and reliable network connectivity between enterprise data centers or office locations and public cloud providers ...
News
Nigeria: Nigeria’s 20-Year Eurobond Yield Rises to 8.96%
Investors see the average yield on Nigeria’s 20-year Eurobond rises to 8.96 per cent in the just concluded week amidst cold participation in ...
News
Nigeria: External reserves slides to four months low at $39.98bn
The external reserves have fallen below the $40bn mark to the lowest point in over three months, figures from the Central Bank of ...