Maad Raises $3.2 Million to Enhance Retail Market in Francophone Africa
Their platform lets small shops easily order products, get reliable deliveries, and access loans.
Bamboo Boosts Nigerian Portfolios with New Stock Offerings!
Bamboo started in 2019 to make investing easy for Nigerians.
Former NIBSS Chief Risk Officer Sues for Billion-Naira: Alleges Wrongful Termination and Fraud
NIBSS says they're letting the legal process happen without getting involved.
House of Reps Urges CBN to Reverse Cybersecurity Levy Amid Apprehension
Operators, including mobile money providers, merchants, and commercial banks, have been given up to four weeks to update their systems to accommodate the levy.
Chipper Cash Returns to US Market After Brief Service Break
If you're already using Chipper Cash, don't forget to update your app and confirm your account before sending money again.
Lesaka Technologies Set to Acquire Adumo Fintech Platform for $85 Million
Lesaka already owns EasyPay, which is South Africa's biggest payment system not owned by a bank, and Kazang, a popular card machine company.
Nigerian Officials Allegedly Demanded $150 Million Bribe Before Binance Staff Arrests
Nigerian officials also threatened to arrest Richard Teng, Binance's CEO.
Seamfix Raises $4.5 Million to Expand Beyond Nigeria in Debut Funding Round
Right now, over 500 million people in Africa don't have IDs.
Nigeria’s Central Bank Raises Electronic Transaction Fees to Boost Cybersecurity
Now, before you start fretting, there are a few exceptions to this new fee frenzy. Transfers within the same bank, paying salaries, school fees, and repaying loans will be spared.
SEC Chief Urges Halt to P2P Trading Amid Ban Fears
Nigeria's crypto scene had a bumpy ride lately, especially with talks of banning p2p trading.