Innovation
Digital banks: ALAT, Kuda, Rubies, Eyowo, V by VFD, and Sparkle compared
After 75-year-old Wema bank launched ALAT in 2017, we have witnessed the launch of a digital bank every year since then. This year ...
Nigeria
FIRS issues public notice on VAT Deduction to Businesses in the Oil and Gas sector
The Federal Inland Revenue Service, FIRS, has issued a public notice on deduction of Valued Added Tax, VAT at sources by companies operating ...
Nigeria
A new generation of Covid-19 Digital Converts (CDCs) have been born from the pandemic – Tunde Ogungbade
The Managing Director of Global Accelerex, Tunde Ogungbade has stated that the pandemic has awoken a new generation of consumers which he described ...
Startup
How Tanzanian agri-tech startup East Africa Fruits plans to scale after $3.1m Series A round
Tanzanian agri-tech startup East Africa Fruits hopes to with more than 10,000 farmers and 15,000 businesses, and expand into new verticals, after raising ...
Africa
Uber Cash launches in Africa with Flutterwave, MPesa integrations
You can now take an Uber ride when you run out of both physical cash and money in your bank account. The ride-hailing ...
Nigeria
PFAs invest N54.35bn pension funds in infrastructure – PENCOM
Pension Funds Administrators have invested N54.35bn of the total assets under the Contributory Pension Scheme in infrastructure as of the end of April. ...
Nigeria
Is the Pandemic Fuelling Mobile Money Transactions uptake in Nigeria
With businesses struggling because of coronavirus lockdown measures, the use of mobile money and “no touch”, cashless transactions in business is growing rapidly. The use ...
Nigeria
Banks Urged to Expand Financial Inclusion
Financial institutions have been urged to provide services and products such as micro-insurance, micro-credit, among others. In a recent communiqué, the Consumer Awareness ...
Nigeria
Over 100million Nigerians have no identity – NIMC Boss
The National Identity Management Commission (NIMC) says more than 100 million Nigerians have no form of identification. Aliyu Aziz, director-general of the NIMC, ...
Zimbabwe
ZIMBABWE Revenue Authority Targets Traders With Multiple Mobile Money Lines
The Zimbabwean Revenue Authority (Zimra) is upgrading its audit and mandatory data gathering to combat unscrupulous traders using multiple personal mobile money lines ...