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

PiggyVest
Fintech

Your Deposits Are Safe & Secure, Piggyvest Assures Users

Piggyvest, a secure online savings platform, has assured its users that their savings are safe and secured. The fintech startup

Sparkle
Fintech Funding Investment Venture Capital

Sparkle Closes $3.1m Seed Round From an all-Nigerian Group of Investors

Sparkle, a mobile-first digital bank, has raised an oversubscribed seed round of $3.1 million from an all-Nigerian group of investors

eNaira
Cryptocurrency Regulation

eNaira Website is Live!

So CBN is really serious about this eNaira? Nawaoooo….So after stopping banks from supporting cryptocurrency transactions, the apex bank still

WhatsApp
Banking Messaging WhatsApp

Checkout Official WhatsApp Numbers of Commercial Banks in Nigeria

WhatsApp connects your businesses to customers via phone numbers. It is seamless. As such, commercial banks in Nigeria are leveraging

Regulation

abokiFX Temporarily Suspends Online Publication of Rates For ‘Naira to Appreciate’

abokiFX, a popular website that aggregates the unregulated market rates of the naira, has temporarily suspended the online publication of rates

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

Nigeria's
Feature Fraud

The Hurried Return of Nigeria’s Overnight Millionaires

Daily, more than half of Nigeria’s population, consume information on get-rich-quick packages and incentives in an economy with skyrocketing inflation.

Funding Investment Training Venture Capital

Nigeria’s Decagon Secures Funding to Train and Finance Software Engineers

Decagon, a Nigerian startup that helps leading companies build faster with vetted remote software engineering talents, has raised a $1.5

Appointment Banking

Miriam Olusanya Appointed as GTBank Managing Director

The Guaranty Trust Holding Company Plc (GTCO) has appointed Miriam Olusanya as the new managing director of GTBank, its banking