Why Nigeria’s inventory market might have greater than know-how to thrive

Because the financial results of the pandemic bit onerous, you might need discovered some fascinating on-line adverts or articles encouraging strategic investments. Shares, Bitcoin, treasury payments, and a number of other others might need caught your eye. Nonetheless, investments have…

On-line transactions in Nigeria dropped by $10 billion in the course of the lockdown

A recurrent trend during the pandemic-induced lockdown was Nigerian businesses and individuals moving online. However, online financial transactions seemed to have dipped considerably during this period. According to data from the Nigeria Inter-Bank Settlement System (NIBSS), the volume of online transactions dropped…

An perception into how Ingressive Capital invests

Ingressive Capital, the venture capital fund centered on early-stage African tech, not too long ago accomplished its $10 million fund. Based on data on the agency’s web site, the fund is dedicated to supporting the following technology of African innovators. Launched three…

X-raying the rising tradition of digital predatory lending in Nigeria

Just three months into 2020, the coronavirus (COVID-19) has arrested the world’s attention. Authorities have begun placing cities on lockdown and most importantly,  people have been stocking up on items to aid their time in isolation. While the negative effects…

Might sandboxes and open banking be the reply to monetary inclusion in Nigeria?

Various strikes to deepen monetary inclusion has been on the rise lately with the enactment and growth of various monetary rules, options, and merchandise from key events such because the Central Financial institution of Nigeria (CBN), industrial banks, and fintechs.…

E-payment channels hit $290 billion in 2019 as Nigeria’s cashless inhabitants considerably will increase

Regardless of the challenges going through the widespread adoption of e-payment channels, Nigerians seem like more and more embracing digital funds as evidenced by the large improve in the usage of e-payment channels. In response to statistics from the Nigerian…

Rensource Energy secures $20 million series A led by CRE Venture Capital and Omidyar Network

Rensource Energy, a Lagos-based renewable energy startup, has raised $20 million series A to offer additional services to its micro-energy business. This is coming after the startup raised $3.5 million and €500,000 in bridge financing and debt financing respectively, and three years…

“Tech organizations ought not trust that guidelines will surmount difficulties” – Jubril Adeojo, prime supporter, SMEFUNDS Capital Limited

Crosswise over various parts, Nigerian tech organizations need to work inside the requirements of laws and guidelines from their individual overseeing bodies. While some concur that guidelines are essential, others point to demands/charges, or the nonappearance of specific guidelines as…

Startups Challenges in Nigeria: The Good, The Bad and The Ugly

Why Few Business Startups Survive and Flourish Prof Yemi Osinbajo, Nigeria’s Vice President. Chair, Presidential Enabling Business Environment Council (PEBEC) Prof Yemi Osinbajo, Nigeria’s Vice President. Chair, Presidential Enabling Business Environment Council (PEBEC) Thousands of budding entrepreneurs in Nigeria startup…

How digital taxes are hurting connectivity rates across Africa.

Several countries in Africa have recently introduced taxes on fundamental parts of the internet. Often considered a means of generating revenue streams during economic hardships, the taxes have ultimately limited connectivity and, with it, infringed upon important digital rights. Most…

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