Court to Hear Wrongful Termination Case Against NIBSS in November
The court will examine Adekanye's claims, which have cast doubt on the integrity of Nigeria’s financial system.
Nigerian Banks Set to Collect Customers’ Social Media Handles Following Court Ruling
The CBN defended the regulation, stating it helps combat financial crimes and terrorism by improving customer identification.
CBN Withdraws Controversial Cybersecurity Levy
The cancellation of this levy is a relief for many Nigerians who heavily rely on electronic transfers.
OpenseedVC Launches $10 Million Fund for African Startups
The launch of OpenseedVC offers a new funding source for African startups, which saw a 33% drop in funding in 2023, raising only about $3.2 billion.
ThriveAgric Ranks Among Top 20 Fastest-Growing Companies in Africa by Financial Times and Statista
Founded in 2017 by Uka Eje and Ayodeji Arikawe, ThriveAgric saw rapid growth, reaching $73.26 million in revenue by 2022 and maintaining a 120.1% annual growth rate, despite facing significant challenges.
Naspers, Africa’s largest company with a market value of R717 billion ($39 billion), has named Fabricio Bloisi as its new CEO.
Bloisi will officially take on the role on July 1, replacing interim CEO Ervin Tu. Currently, Bloisi is the CEO of iFood, a Brazilian food delivery company under Naspers' portfolio.
Federal Government Greenlights Startup Hub in San Francisco Alongside 90,000km Fiber Optic Cable Expansion
Minister Tijani emphasised the importance of tapping into San Francisco's vast resources, mentioning that a significant chunk of funding for Nigerian startups comes from venture capital funds in the Bay Area.
Kucoin Halts Naira P2P Trading: Global Crypto Exchange Takes Action
Kucoin announced the temporary suspension of all p2p Naira services and Fast Buy service via Naira card as part of its efforts to enhance services.
New Center in Abuja: CAC Streamlines PoS Agent Registration and Inquiries!
Registering also brings benefits like easier access to loans and obeying the law when it comes to taxes and regulations.
OmniRetail Leads Financial Times Fastest Growing African Companies!
Other big names on the list include Moniepoint, a Nigerian payment company, and Afex Commodities Exchange, a brokerage for trading goods.