10 Oct 2021
To improve financial inclusion in Nigeria and other emerging markets through automated credit assessment tools, Canadian Fintech startup, Periculum has raised a $620,000 pre-seed funding round to improve product development and scale up operations.
The Guardian's special focus on 10 most innovative, value-driven credit and loan, fintech firms in Nigeria
18 Aug 2021
Nigeria is a highly business-oriented economy with an estimated 37 million micro, small and medium-sized companies (MSMEs). The entrepreneurial economy contributes roughly 48% of the country’s gross domestic product and employs over 60 million people, making Nigeria the largest economy in sub-Saharan Africa. Meanwhile, financial risk is one of the major risks facing owners of…
18 Aug 2021
The Central Bank of Nigeria (CBN) has secured a court injunction to freeze the bank accounts of four financial technology (fintech) firms for operating as asset management companies without licence.
12 Aug 2021
As the country joins the rest of the world to observe International Youth Day today, an increasing number of Nigerian youths continue to face economic uncertainty and social exclusion...
5 Jul 2021
The Vice-Chairman, Signal Alliance Technology Holding (SATH), Collins Onuegbu, has cautioned against excessive regulation of financial technology (fintech) to avoid stifling its growth.
21 Jun 2021
Nigeria Deposit Insurance Corporation (NDIC) has stated that it is effectively collaborating with relevant stakeholders to manage risks arising from the growing adoption of financial technology
8 Jun 2021
As in other economies worldwide, the COVID-19 pandemic has had a tremendous impact on the Nigerian economy. In 2020, Nigeria slipped into its second recession in five years, with a GDP contraction of 3.6% in the third quarter of 2020. Unemployment rate rose to 33.3% in the fourth quarter of 2020, about 8.6 million Nigerians…
10 May 2021
Wema Bank's Hackaholics 2.0, an acceleration aimed at helping startups scale and gain entrance into the market, came to an exciting end as the finalists were unveiled on Wednesday
29 Apr 2021
The Nigerian Communications Commission (NCC) has identified the challenges hindering data mining in the country.
13 Apr 2021
A Developmental Investment Bank, DLM Capital Group, has revealed plans to expand into Nigeria’s million-dollar fintech industry following its acquisition of Links Microfinance Bank.
1 Apr 2021
Nigerian fintech outfit, Xerde Limited, has rolled out its application, Tudo, which provides solutions to social funding and drives digital transformation.