30 results
- 14 Feb 2023
Monieworx Enables 3 SMEs Raise N100M in 10 days through Regulation Crowdfunding, Nigeria’s First
Alternative Finance Limited (Obelix), Nigeria’s SEC-regulated Crowdfunding Intermediary, on Wednesday announced that it has fundraised N100 million from 9,324 registered small-ticket retail investors…
- 6 Nov 2023
FCCPC Says Licensed Digital Lenders now 211
The number of digital lenders licensed to operate in Nigeria has risen to 211, according to new data from the Federal Competition and Consumer Protection Commission (FCCPC) Pic credit: stears.co Of…
- 17 Apr 2024
AltBank Walks Against Hunger, Advocates for Education
Alternative Bank Limited (AltBank) has announced a strategic collaboration with FoodBank and Sterling One Foundation to raise approximately N20 million in support of hunger alleviation and…
- 11 Oct 2021
Platform Capital Invests in Yahshud Property
Platform Capital has announced its investment in Yahshud Property Limited (“Yahshud”), an emerging company focused on the provision of an alternative platform for small investors with limited capital…
- 19 Feb 2021
FMDQ Exchange Admits Coronation Merchant Bank’s Commercial Paper Series
As Corporate institutions continues to explore alternative financing options by tapping the debt capital market, DCM, to sustain their business activities and plug capital shortfalls, FMDQ Securities…
- 14 Mar 2022
Mobility Fintech Raises $105m in Series A2 Round
Moove, the world’s first mobility fintech, which provides revenue-based financing to mobility entrepreneurs across Africa, has raised $105 million in an oversubscribed Series A2 round* consisting of…
- 20 Oct 2016
Uber, FirstBank Partnership Paves Way for Driver-Partners to Grow Own Businesses
Uber Nigeria on Wednesday announced that it is now making low-interest, used-vehicle loans available to its top-rated driver-partners. The pioneering move is the result of partnerships entered into…
- 21 Nov 2025
FirstCap Champions Real Estate Financing with Lekki Gardens’ ₦25B CP Issuance Establishment
FirstCap Limited, Nigeria’s leading investment banking and capital markets advisory firm and a subsidiary of First HoldCo Plc, has announced its strategic role as Joint Issuing House and Placing…
- 12 Sept 2025
FNITCC Atlanta: Fidelity Bank to Spotlight Fintech’s Role in U.S. – Africa Trade
Tier-one lender Fidelity Bank Plc will host a high-profile panel session titled “Digital Railroads: Powering U.S.–Africa Commerce Through Fintech” at the upcoming Fidelity Nigeria International Trade…
- 5 Mar 2015
Heritage Bank Set to Unveil 8.5 MW Power Project in Lagos
Management of Heritage Bank has announced that the recently completed Peninsula Independent Power Project (PIPP) financed by the Bank will be commissioned in March this year. The project is in…
- 19 Oct 2022
Moove Raises £15M Financing Facility from Emso Asset Management to Scale UK Operations
Moove, the world’s first mobility fintech and Uber’s largest vehicle supply partner in EMEA, is announcing it has raised £15 million in financing from Emso Asset Management to scale up its UK…
- 2 Sept 2022
Moove Partners Uber UK to Bring Thousands of Electric Vehicles to London
Moove, the world’s first mobility fintech and Uber’s largest vehicle supply partner in EMEA, is announcing its launch in London as part of its global expansion. Moove, an African-born startup with a…
- 4 Oct 2013
Reps Want Bailout for Moribund NITEL, MTEL
House of Representatives yesterday passed a resolution recommending a bail out for the Nigeria Telecommunications Limited (NITEL) and the Mobile Telecommunications Company (MTel) by the Central…
- 8 Dec 2022
Mobility Fintech Moove Raises $30M from Debut Sukuk for UAE Expansion
Moove, the world’s first mobility fintech and Uber’s largest vehicle supply partner in EMEA, is raising $30 million from a debut sukuk issuance arranged by Franklin Templeton Investments (ME) Ltd. in…
- 12 May 2020
DBN Urges MSMEs to Reinvent Business Model for Sustainability
In the light of prevalent economic realities of COVID-19 on businesses across the globe, Development Bank of Nigeria Plc (DBN) has advised Micro Small and Medium Enterprises in the country to…
- 23 Dec 2020
Stanbic IBTC Pension Fund Managers to Invest in Real Estate, Infrastructure
Stanbic IBTC Pension Fund Managers, Nigeria’s biggest pension-fund manager wants the flexibility to invest directly in large local projects. Financing the development of domestic industries with…
- 30 Oct 2019
Global Accelerex Highlights Impact of Digital Solutions on financial services @ MoDiTECH2019
The just-concluded Mobile and Disruptive Technology Forum (#MoDiTECH2019), presented participants the opportunity to discuss and deliberate on the Power of Digital Services. One of such discussions…
- News3 Sept 2026
AfDB, AXIAN Launch Digital Finance Programme to Support Women-led Businesses in Africa
AXIAN Group and the African Development Bank have launched a major women’s financial inclusion programme to expand access to finance and business support for more than 34,000 women-led enterprises in five African countries.
- 14 Oct 2021
Gennex Technologies Launches Power Solution for MSMEs in Nigeria
With access to electricity hampering operations of most Micro, Small and Medium-sized Enterpriss (MSMEs) across Nigeria, there seems to be fresh hopes, with the launch of affordable off-grid power…
- 7 Oct 2016
CBN Set Limits on Banks' Investment in Govt. Islamic Bonds
Nigeria's central bank has set commercial banks' investment in Islamic bonds issued by state governments to 10 percent of the total amount on offer and fixed a maximum tenor of 10 years for the…
- 8 Jan 2026
Pawnith Appoints Martina Ogbebor as Managing Director to Lead Strategic Launch into Nigeria’s Fintech Ecosystem
The Board of Directors of Pawnith Limited has announced the appointment of Martina Ogbebor as Managing Director and Chief Executive Officer. The appointment coincides with the official launch of…
- 9 Aug 2021
Moove Raises $23M Series A Funding to Democratize Vehicle Ownership in Africa
Moove, an African mobility fintech, has announced that it has raised $23 million in Series A funding. The round was led by Speedinvest and Left Lane Capital, with participation from DCM, Clocktower…
- 11 May 2022
FBNQuest Continues to Support the Growth of Technology Startups in Africa
FBNQuest, the investment banking and asset management subsidiary of FBN Holdings Plc continues to demonstrate its support to the growth of technology startups in Africa through its recent…
- 26 Jun 2024
Sterling HoldCo Grows Assets To N2.5 Trillion
Major shareholders of one of Nigeria’s leading financial conglomerates, Sterling Financial Holdings Company PLC., expressed their delight with the leadership and financial performance of the group at…
- 14 Jun 2016
FBN Capital Wins ‘Best Refinancing in Africa’ At EMEA Awards
FBN Capital Limited, the investment banking and asset management subsidiary of FBN Holdings Plc. has been recognized for consistent and outstanding performance by three reputable financial awards…
- 28 Mar 2024
VFD Group Proposes SplitXchange for Financing Nigeria’s Creative Industry
VFD Group Plc has proposed the introduction of a specialized Exchange that would address the issue of financing in Nigeria’s entertainment and creative industries to bolster foreign exchange earnings…
- 13 Sept 2024
CADEF Promotes Financial Inclusion for Persons with Disabilities @One-day Workshop
Consumer Advocacy & Empowerment Foundation (CADEF) hosted a one-day workshop on "Improving Access and Inclusion for Persons with Disabilities (PWDs) in Digital Financing" in Lagos. L-R: Bunmi…
- 15 Apr 2024
Edun Hails SecureID Over Digitization Efforts
Mr. Wale Edun, Minister of Finance and Coordinating Minister of the Economy, has praised the smartcard manufacturing company, SecureID Limited, for its sustainable contributions to the country’s…
- 14 Aug 2025
Tech tools Nigerian startups can use to boost efficiency as they scale
By Kehinde Ogundare, Country Head, Zoho Nigeria Business growth should feel energising — not like a daily struggle. When operations begin to scale, the software systems need to scale as well, and…
- 30 Jan 2023
Cost of Solar Energy Technology is Declining - PPC
The mass production of solar panels in response to the rising demand for alternative cleaner power solutions has made solar installation for homes and businesses more affordable, says PPC Limited,…