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,

Bamboo
Fintech Investment Regulation

Court Temporarily Unfreezes Bamboo Accounts to Allow Startup Pay Salaries, Rent

A federal high court sitting in Abuja has ordered that the accounts of Bamboo Systems Technology Limited and Bamboo Systems

SEC
Investment Regulation

SEC Orders Investment Crowdfunding Platforms to Register by June 30th

The Securities and Exchange Commission (SEC), has ordered all existing investment crowdfunding portals/digital commodities investment platforms to register with it

SEC
Feature

SEC Circular on Trading of Foreign Securities by Investment Platforms in Nigeria

The apex regulator of securities in Nigeria, the Securities and Exchange Commission (SEC) has issued a circular, with respect to

CBN
Banking Fintech

In Another Regulatory Clampdown, CBN Bars Fintechs From Using BVN For KYC

The Central Bank of Nigeria (CBN) has reportedly barred fintech companies and other non-bank financial institutions in Nigeria from providing

SEC
Investment

FG Declares Foreign Stock Trading Platforms Like Bamboo, Trove, Rise and Others Illegal

The Federal Government through the Securities and Exchange Commission (SEC) has declared the activities of stock trading and investment platforms

Meplaylist
Appointment Funding Music Streaming

Nigerian Music Streaming Platform, Meplaylist Appoints Beyonce’s Father, Knowles into Executive Team

Meplaylist, a Nigerian on-demand music streaming platform, has announced the appointment of Beyonce’s father, Mathew Knowles, and Michael Kay Kiladejo

Future Africa
Africa Funding Venture Capital

Iyinoluwa Aboyeji’s Future Africa Set to Invest Up to $50k in Innovative African Startups

Iyinoluwa Aboyeji, the co-founder of Andela and Flutterwave, has established the Future Africa Fund with the aim of investing up