News
Nigeria: Rates on Nigerian Treasury Bills Spike at CBN Auction
The Central Bank of Nigeria (CBN) hikes spot rate pricing on Nigerian Treasury bills (NTB) auction sales conducted on Wednesday (June 7, 2023) ...
Nigeria
Nigeria: Cold-chain startup Figorr raises $1.5M, backs the rollout of data-driven perishables insurance
Oghenetega Iortim built Nigerian-based cold-chain startup Figorr after imagining better means of storage and transportation of temperature-sensitive products, following the post-harvest losses from ...
News
Zimbabwe: RBZ Raises Key Rate to 150 Percent Amid Financial Turmoil
The Reserve Bank of Zimbabwe (RBZ) has reviewed upwards the main policy rate to 150 percent from 140 percent as part of measures ...
News
Nigeria: NIBSS slashes electronic transfer fees
The Nigerian Inter-Bank Settlement System has slashed its transaction processing fee for NIBSS Instant Payment from N5 to N3.75k effective July 1, 2023. ...
Nigeria
Nigeria: NITDA bill- Multiple regulations, taxation fears grip telcos
The telecommunications industry is one of the fastest-growing sectors in the Nigerian economy. It has brought about massive digitalisation that has helped equip ...
News
Nigeria: 427,962 Nigerians in diaspora get NIN
The percentage of diasporan Nigerians with National Identification Numbers rose to 25.17 per cent in May 2023. The National Identity Management Commission has ...
Africa
African B2B e-commerce startup Sabi tops $300M valuation in new funding
Sabi, a Lagos-based B2B e-commerce startup providing digital commerce infrastructure to Africa’s informal economy, has raised $38 million in Series B funding at ...
News
Nigeria: FG records N930bn two-month fiscal deficits – CBN
The Federal Government recorded N930.8bn fiscal deficit in January and February 2023 according to the Central Bank of Nigeria. The CBN stated in ...
News
Nigeria: Telecom tax- Stakeholders project rise in call cost
The cost of calls, data, and SMS may rise after the former president of Nigeria, Muhammadu Buhari, signed a five per cent excise ...
News
Nigeria: SEC partners SON on commodities standardisation
The Securities and Exchange Commission says it has partnered with the Standards Organisation of Nigeria to develop standards for commodities meant for exports ...