Nigeria
Nigeria: Moove raises R335-million in funding
Moove, a Nigerian fintech start-up that also operates in South Africa and Ghana, has raised US$23-million (R335-million) in series-A funding to expand its tech-based ...
Nigeria
Nigerian Renewable Energy Provider Has Closed a $20m Funding From IFC
A hybrid renewable energy solution provider, Daystar Power, has closed a $20m deal from International Finance Corporation (IFC). This is the company’s latest ...
Nigeria
NIGERIA: GLOBAL ACCELEREX WINS AWARDS, EYES OTHER COUNTRIES
Lagos based Pan-African focused financial technology company, Global Accelerex (Accelerex) has said its credo will remain prioritising the market needs of customers as ...
News
Nigeria: Wema Bank considers M&A opportunities, plans to raise N40bn
Wema Bank is considering the acquisition of a fintech firm or a merger with another commercial bank to boost its customer base and ...
Nigeria
Nigeria: CBN recovers customers’ N89.2b from commercial banks
The Central Bank of Nigeria (CBN) has so far recovered N89.2 billion of customer’s money from commercial banks in the country based on ...
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Microsoft appoints Ola Williams as Country Manager for Nigeria
Ola Williams has been announced as the new Country Manager for Microsoft Nigeria. Previously the Specialist Sales Leader working with the extended team ...
Nigeria
CBN issues regulatory guidelines for Payments Service Holding Companies
The Central Bank of Nigeria (CBN) on Tuesday released guidelines for the establishment and regulation of Payments Service Holding Companies (PSHCs) in Nigeria. ...
News
Nigerian telecoms attract only $417.48 million in investments, 55.7% drop in 2020 – NCC
The Nigerian Telecom industry attracted Foreign Direct Investment (FDI) worth over $417.48 million in 2020, down from over N942.86 million in 2019. This ...
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NIGERIA : FCMB GROUP REPORTS N94.2BN REVENUE
FCMB Group Plc has reported gross revenue of N94.2 billion and Profit Before Tax (PBT) of N8.9bn in the first half of 2021. ...
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Nigeria: First Bank earns N28 billion from electronic banking fees
First Bank of Nigeria Holdings Plc has generated a total revenue of about N28 billion from electronic transactions in the first half of ...