M-KOPA, a fintech platform, has announced that it successfully secured $250 million in new debt and equity funding to expand its financial services offering to under-banked consumers across Sub-Saharan Africa. This marks one of the largest combined debt and equity raises in the African tech sector, enabling M-KOPA to continue its rapid growth, the […]
Stocks investors lost N136bn at the end of trading last week on the Nigerian Exchange Limited (NGX). Suffering a dip which saw mixed sentiments was the All-Share Index, which depreciated by 0.48 per cent or 250.69 base points to close at 52,214.62 on Friday. All other indices finished higher except for NGX Main Board,
Stocks Investors Record N136bn Loss In a Week Read More »
HerVest, a fintech dedicated to providing financial inclusion for women through a Gender Lens Investment (GLI) approach, will be hosting its value-driven event dedicated to empowering women with financial, professional, and entrepreneurial knowledge in the ultra-digital age. Tagged as ‘Unleash Your Potential’, the resource-driven event is scheduled to hold at the Shell Zenith Bank
HerVest set to bridge skills Gap Among Women with ‘Unleash your Potential’ event Read More »
TAJBank Limited, Nigeria’s leading non-interest banking service provider, has announced Osita Iheme(Pawpaw) and Saratu Daso as brand ambassadors in furtherance of its marketing strategies to popularise its techno-powered innovative products and services in the grassroots and deepen financial inclusion in the country. Speaking on the occasion of unveiling of the brand ambassadors at the
The African private capital market experienced a record-high volume of deals in 2022 rising by as much as 46 per cent, the African Private Capital Association (AVCA) has disclosed. This was contained in the 2022 African Private Capital Activity Report released, yesterday, by AVCA. The authoritative yearly report offers deep insights into private capital
African private capital deal volume jumps by 46% – – AVCA hints Read More »
The Speaker of the House of Representatives, Femi Gbajabiamila, has lamented the continuous crude oil theft across the country with the latest sale of stolen 48 million barrels of crude oil to China. The ad-hoc committee of the House of Representatives led by Mark Gbillah held a sitting in Abuja, which witnessed protests from
Nigeria loses $2.4bn from crude oil theft – Gbajabiamila laments Read More »
Nigeria has emerged tops in venture capital investments for the year 2022, a new report by the Africa Private Equity and Venture Capital Association, has revealed. In its annual report, titled “2022 AVCA Venture Capital in Africa Report”, the continental body said that Nigeria outperformed other countries that made the list to account
New report hails Nigeria for leading Africa in Venture Capital Investments Read More »
Yellow Card, the largest Pan-African cryptocurrency exchange, has announced the launch of its new Payments API. This new product will enable businesses to on-and-off-ramp customers through Yellow Card’s crypto rails. Being the largest cryptocurrency exchange on the African continent, Yellow Card allows businesses instant access to its collection and disbursement rails in 16 African
TRULY AFRICAN! How Yellow Card became African business expansion enabler Read More »
In a move to further strengthen consumer satisfaction, the Nigeria Civil Aviation Authority (NCAA), has assured the public that the ongoing amendment of the Nigeria Civil Aviation Regulations (Nig.CARs) 2015 guarantees full refunds to passengers in case of delayed or cancelled flights. The Director-General of the NCAA, Captain Musa Nuhu disclosed this during
SALUTARY! New NCAA amendment to refund passengers for cancelled flight Read More »
First Bank of Nigeria Limited, has announced a phased corporate name change of its subsidiaries in the United Kingdom and Sub-Saharan Africa. Folake Ani-Mumuney, Group Head, Marketing and Corporate Communications, FirstBank, said this in a statement in Lagos. The statement said the name change was implemented to align the subsidiaries with the parent brand
BRAND STRENGHTENING! FirstBank announces corporate name change for subsidiaries Read More »
