Nigeria
Nigeria’s Fintechs project $543 million revenue growth in 2022
The number of fintech companies in Africa grew at a yearly rate of 24 per cent between 2009 and 2019, fuelled mostly by ...
Nigeria
Petroleum Regulator Releases Strategic Plan for Oil Industry Survival
The Department of Petroleum Resources (DPR), Nigeria’s oil sector regulator, has released what it described as the strategic plan and policy for the ...
Nigeria
You cannot financially include someone who is economically excluded– Yele Okeremi
The Chief Executive Officer of Precise Financial Systems, Dr. Yele Okeremi has stated that for people to be financially included, they must first ...
Startup
Nigerian fintech Sycamore.ng unveils peer-to-peer lending platform to enhance access to finance
To address the challenge of access to finance and capital stimulus for small and medium-sized businesses, Sycamore.ng unveiled a product that will provide secured loans ...
Innovation
Digital banks: ALAT, Kuda, Rubies, Eyowo, V by VFD, and Sparkle compared
After 75-year-old Wema bank launched ALAT in 2017, we have witnessed the launch of a digital bank every year since then. This year ...
Nigeria
FIRS issues public notice on VAT Deduction to Businesses in the Oil and Gas sector
The Federal Inland Revenue Service, FIRS, has issued a public notice on deduction of Valued Added Tax, VAT at sources by companies operating ...
Nigeria
A new generation of Covid-19 Digital Converts (CDCs) have been born from the pandemic – Tunde Ogungbade
The Managing Director of Global Accelerex, Tunde Ogungbade has stated that the pandemic has awoken a new generation of consumers which he described ...
Nigeria
PFAs invest N54.35bn pension funds in infrastructure – PENCOM
Pension Funds Administrators have invested N54.35bn of the total assets under the Contributory Pension Scheme in infrastructure as of the end of April. ...
Nigeria
Is the Pandemic Fuelling Mobile Money Transactions uptake in Nigeria
With businesses struggling because of coronavirus lockdown measures, the use of mobile money and “no touch”, cashless transactions in business is growing rapidly. The use ...
Nigeria
Banks Urged to Expand Financial Inclusion
Financial institutions have been urged to provide services and products such as micro-insurance, micro-credit, among others. In a recent communiqué, the Consumer Awareness ...