Nigeria
Nigeria: CBN says attractive US securities led to 32% plunge in foreign capital inflow to Nigeria
The Central Bank of Nigeria (CBN) has stated that the attractiveness of securities in the international financial market, particularly in the United States, ...
Innovation
Nigeria: Canadian fintech Periculum, officially launches in Nigeria, set to build credit assessment infrastructure for Africa
Periculum helps its banking and lending customers identify fraud risk, assess creditworthiness, and analyze existing data The availability of domestic credit is a ...
Nigeria
Nigeria: Central Bank of Nigeria endorses PAPSS
The presence of PAPSS and its inclusion will reduce the influence of foreign currencies or nationalities in the economic system of Africa The Central ...
Nigeria
Nigeria: NCC alerts telcos, subscribers on planned ‘BadUSB’ ransomware targeting organisational networks
The Nigerian Communications Commission (NCC) has alerted the country’s telecommunications community about the activities of cybercriminals who have perfected a New Year scheme ...
Nigeria
Nigeria: Nigeria’s Slash.ng launches online escrow marketplace
Nigerian e-commerce marketplace, Slash.ng, has launched an online escrow marketplace where buyers and sellers can connect to complete and secure transactions. The app allows buyers ...
Nigeria
Nigeria: FG approved N152bn IT projects in 12 months, says minister
The Minister of Communications and Digital Economy, Prof Isa Patami, has disclosed that the National Information Technology Development Agency approved 499 Information Technology ...
Nigeria
Nigeria: Kwik Delivery Reaches 100,000 Customers and Announces +400% GMV & Revenue Growth for 2021; Forecasts Aggressive Growth for 2022 Across All Verticals
Kwik is one of the few digital players able to propose access to end-to-end fulfillment and delivery services to its customers Kwik Delivery ...
Nigeria
Nigeria: Fintechs in Nigeria, others raised N1.5trn in 2021 – Report
According to a report by TechCrunch, the amount raised in 2021 was nine times more than what was raised five years ago. It ...
Nigeria
Nigeria: Nigeria’s private sector borrows N5.16 trillion from banks in 11 months 2021
Private sector credit rose to a record high of N35.31 trillion as of November 2021, representing N5.16 trillion net new loans between January ...
Nigeria
Nigeria: Amid growing fintech space, SEC plans to launch revised Capital Market Master Plan
The Securities and Exchange Commission (SEC) plans to unveil a revised version of the 10-year Capital Market Masterplan that will take into account ...