Nigeria
Nigeria: Ghanaian e-commerce startup Tendo launches in Nigeria with heavyweight backing
Ghanaian startup Tendo, which enables anyone to sell online with zero upfront inventory, has launched in Nigeria after securing the backing of heavyweights ...
Nigeria
Nigeria: Nigerian Financial Super-App, YEP!, Raises $1.5m in Pre-Seed Funding
Yep!, a financial super-app, has raised $1.5 million in a pre-seed funding round led by Greenhouse Capital as the company launches its revolutionary ...
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Nigeria: Nigeria Google customers to pay 7.5% VAT from April 1
Technology giant, Google, has said Nigerians using its platform to do business will start paying 7.5 per cent as value-added tax, VAT, from April ...
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Nigeria: CBN’ll boost local production with agric initiatives, says Emefiele
The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has expressed satisfaction with what he described as the high interest of Nigerians in ...
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Nigeria: Nigerian banks’ hidden costs hindering financial inclusion — Report
The report says the cost of financial services remains a major barrier to access for price-sensitive consumers, especially within marginalised, vulnerable, and lower-income ...
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Nigeria: CBN says banks’ non-performing loans hit the lowest in 10 years
The Central Bank of Nigeria (CBN) stated that commercial banks’ non-performing loans (NPLs) levels in Nigeria fell below 5% to 4.94% at the ...
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Nigeria: FIRS Offers Concession to Taxpayers with Outstanding FCY Tax Liabilities
Taxpayers who have outstanding foreign currency (FCY) tax liabilities can now take advantage of the Federal Inland Revenue Service (FIRS) one-month window to ...
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Nigeria: Banks Cut Borrowing From CBN By 47%
Banks’ borrowing from the Central Bank of Nigeria, CBN, fell for the second consecutive month in February, by 47 percent to N666 billion, ...
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Nigeria: GTCO declares N221.5bn profit in 2021
Guaranty Trust Holding Company Plc, (GTCO Plc) has released its audited financial report for the year ending Dec. 31, 2021. The group, in ...
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Nigeria: UBA delivers N153 billion profit, records 11% balance sheet growth
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited results for the full year ended December 31, 2021, reporting ...