BankingFeaturedNew digital bank called Sparkle launches in NigeriaPritam BordoloiJune 3, 2020 by Pritam BordoloiJune 3, 2020 Sparkle is launched by former Diamond Bank CEO and tech entrepreneur Uzoma Dozie... Read more
BankingFeaturedNigeria suspends layoffs for banks despite difficult timesInternational Finance Business DeskMay 7, 2020May 7, 2020 by International Finance Business DeskMay 7, 2020May 7, 2020 Commercial lenders will have to seek approval from the central bank to implement job cuts... Read more
FeaturedHealthcareNigerian healthtech 54gene launches mobile Covid-19 testing labsPritam BordoloiApril 30, 2020 by Pritam BordoloiApril 30, 2020 The startup has partnered with First City Monument Bank and the Ogun state government... Read more
FeaturedFintechNigerian fintech Okra secures $1 mn funding to boost infrastructurePritam BordoloiApril 28, 2020 by Pritam BordoloiApril 28, 2020 TLcom Capital led the funding round for Okra... Read more
EconomyFeaturedTrade between China and Africa drops by 14% during Q1 2020International Finance Business DeskApril 24, 2020 by International Finance Business DeskApril 24, 2020 Chinese exports to African nations decreased by 10.5% due to the coronavirus pandemic... Read more
FeaturedTelecomMTN Group announces R250 mn relief package to fight Covid-19International Finance Business DeskApril 15, 2020 by International Finance Business DeskApril 15, 2020 The telco also plans to raise R40 mn for a global staff emergency fund... Read more
FeaturedLogisticsLogistics startup kwik secures funding to scale up in NigeriaInternational Finance Business DeskApril 8, 2020 by International Finance Business DeskApril 8, 2020 Founder of French video games company Ubisoft invested in the Lagos-based startup... Read more
FeaturedOil & GasCoronavirus, oil price war take its toll on African oil producersInternational Finance Business DeskMarch 30, 2020 by International Finance Business DeskMarch 30, 2020 Recently, Congo reached out to OPEC for an emergency meeting to find a way to keep member nations from sinking into recession... Read more
FeaturedTelecomMTN subscriber base reaches 64.3 mn in 2019Pritam BordoloiMarch 4, 2020 by Pritam BordoloiMarch 4, 2020 Active subscribers also rose to 25.2 million, representing a 34.9% increase from 2018... Read more
FeaturedFintechMTN Nigeria adds 108,000 agents to its mobile money networkPritam BordoloiMarch 2, 2020 by Pritam BordoloiMarch 2, 2020 The network served one million customers in its first four months... Read more