News
Nigeria: Bankers’ Committee to Move FX Sales Online
Mr Segun Agbaje, Group Managing Director of Guarantee Trust Bank, has said foreign exchange for Personal Travel Allowance (PTA) among others, would now ...
Nigeria
Nigerian eCommerce startup, Omnibiz, secures $3m seed to expand across West Africa
Nigeria-based Business to Business (B2B) eCommerce startup, Omnibiz has announced securing $3million in a seed round. It plans to expand into other cities in West ...
Nigeria
CBN releases guidelines for regulation, supervision of CGCs in Nigeria
The Central Bank of Nigeria (CBN) on Tuesday, released guidelines for registration and supervision of Credit Guarantee Companies (CGCs) in Nigeria. The guidelines ...
Nigeria
CBN: Digital Currency Would Be Critical National Infrastructure
The Central Bank of Nigeria (CBN) has said its proposed digital currency, known as e-Naira, will be treated as a critical national infrastructure ...
News
CBN’s Targets Double-digit Economic Growth, Single-digit Inflation before 2024 – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has stated that the nation’s apex bank has set a target ...
Innovation
Nigeria: Fidelity Bank unveils digital innovations
Fidelity Bank Plc says it has introduced new digital innovations designed to improve customer experience and engagement in the Nigerian banking sector. According ...
Nigeria
Nigeria-based anti-counterfeiting startup, Chekkit raises $500k pre-seed funding
Nigeria-based anti-counterfeiting startup, Chekkit Technologies, has announced a $500,000 pre-seed round as it looks to expand its team and technological infrastructure. As contained in ...
News
CBN move to boost gas utilisation with N250B
The Federal Government and the Central Bank of Nigeria (CBN) have announced an N250 billion intervention fund to expand gas utilisation in the ...
Nigeria
Nigeria: Moove raises R335-million in funding
Moove, a Nigerian fintech start-up that also operates in South Africa and Ghana, has raised US$23-million (R335-million) in series-A funding to expand its tech-based ...
Nigeria
Nigerian Renewable Energy Provider Has Closed a $20m Funding From IFC
A hybrid renewable energy solution provider, Daystar Power, has closed a $20m deal from International Finance Corporation (IFC). This is the company’s latest ...