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TNG Digital Reportedly Seeking to Raise US$150 Million
TNG Digital, the e-wallet operator that was formed as a result of a joint venture between CIMB Bank and Ant Financial, is reportedly ...
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World’s biggest asset manager provides Bitcoin to clients
The world’s largest asset manager, BlackRock Inc is adding bitcoin futures as an eligible investment asset class according to a recent filing by ...
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Citigroup Declares Common Stock Dividend; Citigroup Declares Preferred Dividends
The Board of Directors of Citigroup Inc. early this week declared a quarterly dividend on Citigroup’s common stock of $0.51 per share, payable ...
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January 2021 FGN Bond records oversubscription of N88.3 billion
The January 2021 FGN bond offer has received a total bid of N238.28 billion across all tenors, indicating it was oversubscribed by approximately ...
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Elon Musk to Offer $100-Million Prize for ‘Best’ Carbon Capture Technology
Tesla chief and billionaire entrepreneur Elon Musk, took to Twitter early this week to promise a $100-million (roughly Rs. 730 crores) prize for ...
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Goldman Sachs-backed WealthTech Elinvar secures €25 million funding round
Berlin-based, WeathTech outfit Elinvar has secured €25 million in a funding round led by ToscaFund Asset Management. Existing shareholders include Ampega Asset Management, ...
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The Nigerian insurance sector; repositioning for efficiency
The Nigerian Insurance sector is critical to propelling income equality and reducing the poverty level of any society, but the industry’s performance has ...
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Access Bank partners Africa Fintech Foundry on 2021 Accelerator
Africa Fintech Foundry (AFF) in partnership with Access Bank has commenced procedure for the 2021 Accelerator program. The group said it has opened ...
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Polaris Bank unveils cash flow lending
Polaris Bank has introduced a cash flow lending product for Small and Medium Enterprises (SMEs) tagged, “Polaris Business Loan”. The facility offers both ...
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The central bank of central banks’ moves to build a CBDC settlement platform
The Bank of International Settlements has outlined plans to embark on a variety of CBDC trials worldwide this year and the CBDC research ...