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Naira's Wild Ride: Drops to ₦1,200/$ in Parallel Market, Jumps 11% to ₦843.07/$ in NAFEM
Nigeria Naira's Wild Ride: Drops to ₦1,200/$ in Parallel Market, Jumps 11% to ₦843.07/$ in NAFEM
Nigeria News
1 min read
The Nigerian naira faced a sharp depreciation in the parallel market, tumbling from ₦1,172 to ₦1,200 against the dollar. Simultaneously, the...
Naira Shortage Hits Abuja: ATMs Struggle as Residents Navigate Cash Crunch Before Christmas
Nigeria Naira Shortage Hits Abuja: ATMs Struggle as Residents Navigate Cash Crunch Before Christmas
Nigeria News
1 min read
In the lead-up to Christmas, certain areas of the Federal Capital Territory (FCT), particularly in the AYA region of Abuja, are facing a shortage...
Ngozi Okonjo-Iweala and Mo Abudu Crowned Among Forbes' 100 Most Powerful Women – Here's Why
Nigeria Ngozi Okonjo-Iweala and Mo Abudu Crowned Among Forbes' 100 Most Powerful Women – Here's Why
Nigeria News
1 min read
In a testament to their global influence and groundbreaking contributions, Director-General of the World Trade Organization, Ngozi Okonjo-Iweala...
NIBSS Cracks Down on Unlicensed Fintechs Masquerading as Deposit-Takers in Nigeria
Nigeria NIBSS Cracks Down on Unlicensed Fintechs Masquerading as Deposit-Takers in Nigeria
Nigeria News
1 min read
In a significant move aimed at curbing fraud and addressing lapses in customer verification processes, the Nigeria Inter-Bank Settlement System...
More Job Losses Expected As Procter and Gamble Exit Nigeria
Nigeria More Job Losses Expected As Procter and Gamble Exit Nigeria
Nigeria News
2 min read
In a strategic shift announced at the Morgan Stanley Global Consumer & Retail Conference, consumer goods giant Procter & Gamble (P&G) is set to...
Pivo Africa, YC-Backed Fintech, Shuts Down a Year After $2M Seed Round
Nigeria Pivo Africa, YC-Backed Fintech, Shuts Down a Year After $2M Seed Round
Nigeria News
1 min read
Pivo Africa, the Nigerian fintech startup that secured over $2.6 million from investors, including Y Combinator and Ventures Platform, is...
COP28: Nigeria to Boast Africa's Largest Electric Transit Fleet, Announces Foreign Affairs Minister Yusuf Tuggar
Nigeria COP28: Nigeria to Boast Africa's Largest Electric Transit Fleet, Announces Foreign Affairs Minister Yusuf Tuggar
Nigeria News
1 min read
Amidst the COP28 Climate Summit in Dubai, Nigerian Foreign Affairs Minister Yusuf Tuggar has revealed a transformative plan for Nigeria to boast...
Bitmama Just Made a Major Fintech Power Move by Acquiring Payday – Here's What You Need to Know
Nigeria Bitmama Just Made a Major Fintech Power Move by Acquiring Payday – Here's What You Need to Know
Nigeria News
1 min read
Bitmama Inc., a prominent blockchain payments platform, has officially acquired Payday, a virtual card service provider. The acquisition...
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