Tuesday, 28th June 2022
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Breaking News:


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.
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.
26 Mar 2021
Appzone Group, Sub-Saharan Africa’s FinTech Software Company has partnered with Leading Ladies Africa, a women’s empowerment non-profit, to strengthen the continued push for gender equality


43 mins ago
Former Nigerian President Goodluck Jonathan has stated that the short time span between the submission of the 2014 National Conference (CONFAB) Report to him and the 2015 election was a major factor in his inability to implement the report. Jonathan also claimed that the defection of the then-Speaker of the House of Representatives, now Sokoto…
47 mins ago
by Titilayo Adewumi, Regional Sales Director for West Africa at SAP LAGOS, Nigeria, 28th June 2022 -/African Media Agency(AMA)/- The past few years have been a wake-up call to businesses to speed up their digital transformation efforts and more quickly adopt the technologies needed to deal with disruption.  Business leaders today are digitising with haste, seeking…
2 hours ago
Workers faced record abuse of their labour rights in the past year, from union bans to violence and murder, the International Trade Union Confederation said on Tuesday.
2 hours ago
Scotland's government on Tuesday drew the battle lines for a legal and political tussle with London as it announced plans to hold a second independence referendum on October 19, 2023.
2 hours ago
The European Union's drug regulator said on Tuesday it had started formally reviewing the use of a smallpox vaccine to treat a growing number of cases of monkeypox. Imvanex was authorised by the European Medicines Agency (EMA) in 2013 for smallpox, but its maker, Danish firm Bavarian Nordic, did not apply at the time for…