Flutterwave
Fintech Funding Investment Venture Capital

Flutterwave Secures $250m Series D Funding to Become Most Valuable African Startup

Flutterwave, a leading technology company, announced today that it has raised USD $250 million in Series D funding, valuing the

eNaira
Cryptocurrency Government Regulation

eNaira Records 12500 Transactions in Two Weeks

The Central Bank of Nigeria Digital Currency, eNaira has completed 12,500 transactions worth N46.3 million two weeks after it was

Risevest
Legal Regulation

Court Unfreezes Risevest Accounts Weeks After it Was Blocked by CBN

A Federal High Court sitting in Abuja has ordered with immediate effect the unfreezing of the bank accounts of Risevest,

eNaira
Cryptocurrency Event Regulation

President Buhari Launches eNaira As CBN Mints 500 Million

President Muhammadu Buhari has officially launched Nigeria’s digital currency called the eNaira with the Central Bank of Nigeria minting N500

First Bank
Banking Regulation

Femi Otedola Takes over First Bank After Reportedly Buying N30bn Worth of Shares

Femi Otedola, the Nigerian billionaire, has become the majority shareholder of First Bank after reportedly buying a whooping N30 billion

abokiFX
Regulation

CBN Goes After AbokiFX, Declares Founder Wanted

abokiFX denies allegation, temporarily suspends online publication of rates The Central Bank of Nigeria (CBN) has disclosed that the activities

eNaira
Cryptocurrency

CBN Selects Bitt Inc as Technical Partner For eNaira Launch

The Central Bank of Nigeria (CBN) has announced the formal engagement of the global fintech company, Bitt Inc., as the

CBN
Legal Regulation

CBN Freezes Accounts of Four Investment Fintechs Trove, Chaka, Rise & Bamboo

The Central Bank of Nigeria (CBN) has reportedly freezed the accounts of four investment fintechs in the country including Trove,

MTN Nigeria
Telecom

MTN Plans to Invest $1.5bn to Expand Broadband Access Across Nigeria

MTN Nigeria plans to invest ₦640 billion (approximately US$1.5 billion) over the next three years to expand broadband access across Nigeria, in

CBN
Cryptocurrency Government Regulation

CBN Governor Says Cryptocurrency Will Have a Place in Nigeria

Despite his concerns and reservations about cryptocurrency, the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has assured Nigerians that