News
Nigeria Secures $14bn Investment from India and €250m from the Netherlands
During a recent ministerial press briefing in Abuja, Foreign Affairs Minister Yusuf Tuggar announced that Nigeria has attracted a significant $14 billion investment ...
News
Nigeria: CBN’s Sustained FX Interventions Ease Naira Pressure
The Nigerian naira saw a slight depreciation against the US dollar across the foreign exchange (FX) market as the Central Bank of Nigeria ...
Innovation
Nigeria: BOI Unveils ₦10bn GLOW Fund to Boost Female Entrepreneurship
The Bank of Industry (BOI) has introduced the Project Guaranteed Loans for Women (GLOW) initiative, a ₦10 billion special intervention fund aimed at ...
Fintech
Nigeria: FIRS Collaborates with Flutterwave to Digitize Tax Collection
The Federal Inland Revenue Service (FIRS) has integrated Flutterwave’s payment technology to modernize tax collection, marking a significant step toward digitizing Nigeria’s tax ...
Innovation
Nigeria: NIPSS Embraces Digital Transformation with Launch of Paperless E-Classroom Platform
Following the submission of its landmark report on Nigeria’s digital economy to President Bola Ahmed Tinubu, the National Institute for Policy and Strategic ...
Fintech
Nigeria: UBA Launches AfriGo Card to Boost Domestic Transactions and Financial Inclusion
United Bank for Africa (UBA) has introduced the AfriGo Card, a domestic card scheme designed to enhance naira-denominated transactions and strengthen financial inclusion ...
Fintech
Nigeria: KPMG Report Advocates Blockchain Adoption in Nigeria as Crypto Transactions Reach $59 Billion
Despite the Central Bank of Nigeria’s (CBN) restrictions on cryptocurrency trading, Nigeria accounted for an estimated $59 billion in virtual currency transactions between ...
Fintech
Nigeria: GTCO’s HabariPay Expands Fintech Strategy with New Licences, Eyes Future of Digital Transfers
As Nigeria’s fintech sector continues to reshape the financial landscape, GTCO’s fintech subsidiary, HabariPay, is positioning itself as a key player by expanding ...
Fintech
Nigeria: Sycamore Expands into Wealth Management with SEC Fund Manager License
Nigerian digital lender Sycamore has secured a fund manager license from the Securities and Exchange Commission (SEC), marking a strategic expansion into wealth ...
Fintech
Nigeria: Flutterwave Partners with SMEDAN to Enhance Digital Payments for Nigerian MSMEs
African fintech leader Flutterwave has partnered with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to provide micro, small, and medium ...