Fintech
Nigeria: First Bank Disburses ₦700 Billion to SMEs in 2024, Plans Multi-Trillion Naira Investment by 2025
First Bank of Nigeria Limited has reaffirmed its commitment to small businesses, announcing plans to invest trillions of Naira in the sector by ...
Fintech
Visa Inc. to Launch Data Centre in Nigeria, Strengthening Digital Economy
Visa Inc. has announced plans to establish a data centre in Nigeria as part of its expanding investment in the country. The announcement ...
Fintech
Nigeria: Quidax Expands cNGN Stablecoin Adoption Amid Nigeria’s Evolving Crypto Regulations
Nigerian cryptocurrency exchange Quidax has integrated support for cNGN, the country’s first regulated stablecoin pegged to the naira. This development, following Busha’s earlier ...
News
IHS Towers Expands Market Leadership with Renewed Airtel, MTN Contracts
IHS Towers has reinforced its position as a leading telecom infrastructure provider in Africa, securing long-term contract renewals with MTN and Airtel Nigeria. ...
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 ...
