Nigeria
Nigeria: Flutterwave valuation to hit $3 billion
Nigerian e-payments startup, Flutterwave, in talks to triple valuation Flutterwave’s valuation is on a journey to hit $3 billion, as reports suggest that ...
News
Nigeria Spends 40% of FX on Importation of Petrol, Others – Emefiele
Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has stated that the country spends almost 40 per cent of its scarce foreign ...
Nigeria
Nigeria: CBN issues guidelines on disposal of non-permissible income
The Central Bank of Nigerian has issues guidelines for the disposal of Non-permissible income (NPI) for Non-interest financial institutions (NIFI). This is according ...
Nigeria
Nigeria: Eden Life closes $1.4m seed round to build out Africa’s first home services app
Eden Life has secured a $1.4 million new capital investment to go into building in-house technology, develop kitchens, operational hubs, and part of ...
Nigeria
Nigeria: Fintech Sparkle raises $3.1M Seed Round
The round raises Sparkle’s total funding thus far to $5.1 million. Nigeria’s lifestyle and financial ecosystem app Sparkle has raised a $3.1 million seed round ...
Innovation
Nigeria: Access Bank creates dollar debit card to access forex outside Nigeria
Access Bank has created dollar debit cards that customers can use in accessing foreign exchange outside the country. This is according to an email ...
News
Nigeria: SEC partners with EFCC to combat financial crimes
Nigeria’s Securities and Exchange Commission (SEC) has announced that it had enlisted the help of the Economic and Financial Crimes Commission (EFCC) to ...
Nigeria
Nigeria: Appzone Relaunches BankOne, Digital Core Banking Solution for Africa’s Fintechs and Neobanks
The BankOne Platform has been re-engineered with functionality expected to drive the exponential growth of fully digital offerings from new Fintechs across Africa. ...
News
Nigeria: CBN directs banks to apply I & E rates for PAPSS transactions
The Central Bank of Nigeria, CBN, has directed banks to apply the indicative exchange rates in the Investors and Exporters (I&E) window for ...
News
Nigeria: FIRS generated N4.2 trillion in first nine months of 2021
Muhammad Nami, executive chairman of the Federal Inland Revenue Services (FIRS), says the agency generated revenues worth N4.2 trillion in the first nine months of ...