The availability of digital overseas financial institution accounts has turn into a standard technique for fintechs to allow Nigerians and Africans to facilitate worldwide transfers. Within the newest improvement, Grey, a fintech on this class that gives digital worldwide financial institution accounts to African freelancers and distant staff, is saying that it has raised $2 million in seed…
NNPC eyes N422bn from six IOCs in August
August 23, 2022
Six international oil companies are to remit a total of N442.37bn in August 2022, being proceeds from the sale of domestic crude oil in May 2022, figures obtained from the Nigerian National Petroleum Company Limited on Monday showed.
NNPC explained that the N422.37bn was for…
Food prices rose in July 2022 – NBS
August 23, 2022
The National Bureau of Statistics says prices of selected food items increased in July.
It made the declaration in its Selected Food Prices Watch Report for July 2022 released in Abuja on Monday.
The NBS stated that the average price of 1kg of white beans rose by 23.22 per…
Osun state govt owe contractor N570.2m threaten court action
August 23, 2022
The contractor handling the construction of the MKO Abiola International Airport at Ido Osun in Osun State, JM & AS Limited, has written the state government to demand immediate payment of N570.2m debt expended on the project or be ready for court action.
The firm gave the state government two weeks to pay the debt following reports that the airport had been handed over to the Nigeria Air…
Experts explain why inflation won’t drop now
August 22, 2022
Economists have advised Nigerians to brace for higher inflation in the coming months.
They said that political spending as preparations for the 2023 general elections heightens, worsening exchange rate and other factors would keep inflation high.
As the country prepares for…
Bitnob, a leading Bitcoin company, has signed Super Eagles and Leicester City striker, Kelechi Iheanacho, also known as Senior man as its Brand Ambassador.
With this move, Bitnob further strengthens her commitment to the marriage of football and bitcoin in its effort to…
August 16, 2022 – Smile Identity, the leading pan-African identity verification provider has today published its inaugural report on the State of KYC report H1 2022 where they delve into the different KYC processes as well as fraud trends they have noticed in Africa.
They are using their data to understand different trends across the continent and how these affect business, as well as…
Aidi, a female-led Venture Extends its Early-Stage Support Fund to $1.5 MillionAccelerator
August 19, 2022
Aidi, a female-led venture builder has announced an increase in its early-stage accelerator support fund to $1.5 Million. Aidi already supports over 200 founders across emerging markets, with notable names like Termii (YC W20), Payhippo (YC W21), Dash (Techstars 21), Raise…
TECNO CAMON 19 Pro Mondrian Edition Bags Double Awards
August 19, 2022
Designed for those who are “young at heart” and never stop pursuing excellence in both technology innovation and aesthetic design, TECNO’s CAMON 19 Pro Mondrian Edition Smartphone Integrates a Color-Changing Design with a Sleek Bezel and Advanced Camera, Inspired by…
Step-By-Step: All You Need to Know About NFT NG
August 19, 2022
Familiar with NFTs or not, there is a community willing to onboard you with the step-by-step intricacies of dealing with NFTs. The community, NFT NG, is founded by popular Nigerian NFT influencer, Kingsley Momoh.
They are a popular non-fungible token community bringing together digital creators, developers, NFT lovers, blockchain technology enthusiasts, and thought leaders, empowering them with…