Small loans enable entrepreneurs to start or expand micro, small and medium enterprises.
Microfinance also called “microcredit” is a way to provide small business owners and entrepreneurs access to capital. Often, small and individual businesses don’t have access to traditional financial resources from major institutions, so it is harder for them to access loans, insurance, and…
Nigerian logistics startup Topship has raised a US$2.5 million funding round as it continues to build the “Flexport for Africa”.
Launched in June 2020, Topship allows African businesses to export and import cargo, freight and parcels to their suppliers, distributors…
Access Holdings Plc has announced plans by Access Bank to divest from its pension custody subsidiary.
The Group released a statement signed by the company secretary, Sunday Ekwochi and filed with the Nigerian Exchange Limited (NGX).
According to the statement, the group is…
French multinational oil and gas giant, TotalEnergies SE, has formally launched the sale of its 10% stake in its Nigerian joint venture with Nigerian National Petroleum Company (NNPC) Limited, Shell Petroleum Development Company (SDPC) and Eni.
According to Reuters, a sale document tendering for interest showed that the oil firm appointed Canada’s Scotiabank to lead the sale as the financial…
The Spanish Data Protection Agency (AEPD) has imposed a penalty of ten million euros on Google for transferring data to third parties without a legal base to do so and for hindering citizens’ right to erasure. According to the Agency, these contravene Articles 6 and 17 of…
The Security & Exchange Commission, SEC released its long-awaited Digital Asset regulation that is meant to guide how digital assets such as cryptocurrencies are regulated in the country.
The new rules for Digital Assets are part of its effort to regulate digital/virtual…
The Central Bank of Nigeria has issued the regulatory framework for Open Banking in Nigeria in its efforts to enhance data sharing across the banking and payments system to promote innovations and broaden the range of financial products and services available to bank customers.
This was disclosed in a recently released circular titled ‘Operational guidelines for open banking in…
Jumoke Dada is the founder and chief executive officer of Taeillo, a start-up brand that produces urban furniture using African-inspired pieces. She owns a Multimillion Furniture Manufacturing Company in Nigeria.
She has also built one of the biggest Afrocentric Household…
First City Monument Bank (FCMB), a member of FCMB Group Plc, has partnered with the Mastercard Foundation to provide subsidized loans to 100,000 Micro, Small, and Medium Enterprises (MSMEs), to scale their operations to create work opportunities for young Nigerian women and…
Northern Nigeria has over 9 million people among the 19 states; And despite the notion that Northern Nigeria is unwelcoming of innovation, there has been an emerging tech ecosystem there.
Our app is loved all over and in the North so much because of its ease and simplicity. Currently, we have over 500,000 thousand users from the North, and we intend to keep increasing this number.
According to our…