BankingStartups

Fintech for Women: HerVest increases its services to promote greater financial inclusion among all types of women.

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March 3, 2023
In furtherance of its commitment to bridge the $42bn gender finance gap in Africa, HerVest, a fintech dedicated to providing financial inclusion for women through a Gender Lens Investment (GLI) approach, has launched its revamped digital app to deepen access to financial growth services for underserved and excluded African women through target savings, impact investing and credit…
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Banking

Supreme Court orders old N200, N500, N1,000 notes to remain legal tender till Dec 31

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March 3, 2023
The Supreme Court has invalidated the new naira design policy initiated by the Federal Government on the grounds that it was not done with due consultation and in line with constitutional provisions. Following, the apex court ordered that the old naira notes shall continue to be used side by side with the new naira notes till December 31, 2023. The court held that the three months timeline was…
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EconomyFintech

Oyo connects economic development zones.

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March 3, 2023
Governor of Oyo state, Seyi Makinde, has restated his administration’s commitment towards linking all the zones of the state in order to ensure sustained economic development. Makinde, who made the pledge while receiving the participants of the Strategic Management and…
Energy

Shell extends vacation program for researchers.

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March 3, 2023
Shell Petroleum Development of Nigeria Limited has enrolled 15 scientists and research fellows in a one-year fellowship and research fellowship program. The event, recently held at the company’s headquarters in Port Harcourt, marked the resumption of the annual program after it was suspended in 2021 due to restrictions imposed due to the COVID-19 pandemic. The faculty members were selected…
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EconomyMarket

Indirect taxes rise to N3tn – NBS

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February 27, 2023
The indirect tax burden on Nigerians rose by 18.88 per cent to N3.03tn in 2022 amid an economic downturn and rising inflation. According to the National Bureau of Statistics, Nigerians paid N3.03tn as indirect tax in 2022, an 18.88 per cent increase from the N2.55tn that was paid in 2021. This is based on current basic prices. Indirect taxes are taxes, which include value-added taxes, Customs or…
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