Monday, January 17, 2022
MARKET UPDATE

TheCable

Advertisement

Tag "fintech"

Will credit culture ever take root in Nigeria?

    Will credit culture ever take root in Nigeria?

If you borrow, you better pay, or else! I’ve been following the debate about the plethora of online lenders who take delight in harassing Nigerians, and the appeal for government

0 comment Read Full Article

Sparkle raises $3.1m from Nigerian investors to scale digital infrastructure

    Sparkle raises $3.1m from Nigerian investors to scale digital infrastructure

Sparkle, a Nigerian digital bank, has raised a $3.1 million seed round from a group of investors in the country. Seed funding is an early stage investment offering in which

0 comment Read Full Article

CBN secures order freezing Risevest, Bamboo accounts over ‘illegal FX transactions’

    CBN secures order freezing Risevest, Bamboo accounts over ‘illegal FX transactions’

A federal high court in Abuja has granted the request of the Central Bank of Nigeria (CBN) to freeze accounts of fintech companies for 180 days. The accounts include that

0 comment Read Full Article

CBN asks stakeholders to develop inclusive national fintech strategy

    CBN asks stakeholders to develop inclusive national fintech strategy

The Central Bank of Nigeria (CBN) has asked stakeholders in the financial sector to ensure the development of a robust, inclusive and actionable national fintech strategy. Aishah Ahmad (pictured), CBN

0 comment Read Full Article

Chaka secures SEC’s approval — first digital stock trading licence

  Chaka secures SEC’s approval — first digital stock trading licence

Chaka Technologies, a digital investment platform, has secured a licence from the Securities and Exchange Commission (SEC) to offer stocks

0 comment Read Full Article

Report: Nigerian fintech companies secured most investments in Africa

  Report: Nigerian fintech companies secured most investments in Africa

Nigerian fintech companies accrued most investments on the continent despite the impact of coronavirus pandemic in 2020. This is according

0 comment Read Full Article

Innovation in Africa is advanced than other parts of the world, says Flutterwave CEO

  Innovation in Africa is advanced than other parts of the world, says Flutterwave CEO

Olugbenga Agboola, CEO of Flutterwave, a digital payment platform, says innovation in Africa is ahead of other parts of the

0 comment Read Full Article

NDIC: We’re working on insurance for non-bank financial institutions

  NDIC: We’re working on insurance for non-bank financial institutions

The Nigeria Deposit Insurance Corporation (NDIC) says it is working on providing insurance for customers of non-bank financial institutions (NBFIs)

0 comment Read Full Article

McKinsey: Nigerian fintech startups raised more than $600m in 5 years

  McKinsey: Nigerian fintech startups raised more than $600m in 5 years

The Nigerian fintech ecosystem raised more than $600 million in funding between 2014 and 2019, a new report by McKinsey

0 comment Read Full Article

Fintech entrepreneur launches charity for vulnerable groups

  Fintech entrepreneur launches charity for vulnerable groups

Evans Adeluka, an Abuja-based fintech entrepreneur, has set up a charity organisation to cater for needy, vulnerable groups. The initiative

0 comment Read Full Article