Nigeria’s capital imports nosedive 78.6% to $1.295 bn in Q2
Its capital imports had dropped $21.32 billion seven years ago to $5.12 billion in 2016 and has merely recovered ever since...
Tag : Nigeria
The Access Bank UK sees strong growth in key markets
The main focus of the bank lies in building and strengthening customer relationships in sub-Saharan Africa, Asia and the Mena region...
The rise of crypto adoption in Africa
by WebAdmin
Facebook’s Libra and CBDCs are contributing factors to increase the popularity of cryptocurrency in Africa...
Samsung seeks to modernise shipbuilding in Nigeria
The company has identified Nigeria and West Africa as emerging markets with growth potential...
Nigeria, Kenya, South Africa sees 613 VC deals in 6 years
It is reported that 21 percent of venture capital deals were achieved by African-owned companies established outside the continent...
Nigeria anticipated to hit its worst recession in four decades: World Bank
The IMF and the World Bank anticipate the Nigerian economy to slip into recession impacting its lenders at a large scale...
New digital bank called Sparkle launches in Nigeria
Sparkle is launched by former Diamond Bank CEO and tech entrepreneur Uzoma Dozie...
Nigeria suspends layoffs for banks despite difficult times
Commercial lenders will have to seek approval from the central bank to implement job cuts...
Nigerian healthtech 54gene launches mobile Covid-19 testing labs
The startup has partnered with First City Monument Bank and the Ogun state government...
Nigerian fintech Okra secures $1 mn funding to boost infrastructure
TLcom Capital led the funding round for Okra...