Recent acquisitions in Nigeria’s startup ecosystem are increasingly signalling a shift toward selective consolidation, as capital tightens and growth strategies ...
Fintech transactions have been projected to add N8.52 trillion to Nigeria's Gross Domestic Product (GDP) in 2026.This was stated in EnterpriseNGR 2026 macroeconomic outlook released recently, adding ...
In December 2022, Finance Minister Matia Kasaija formally raised the minimum paid-up capital from Shs25b to Shs120b, with a clear roadmap to Shs150b by June 30, 2024 ...
Nigeria’s tech founders have embraced mergers and acquisitions as tools for rapid transformation and competitive advantage.
The Central Bank of Nigeria (CBN) has upgraded the licenses of major FinTechs and microfinance banks (MFBs) to national status. Companies that were upgraded include OPay, Moniepoint, Kuda Bank, and ...
Strengthening South Africa’s SME sector through targeted support and innovative funding structures remains vital to driving inclusive economic ...
After pushing over 50 million lives out of coverage in the previous fiscal, group insurance is heading towards another year of contraction. Top private life insurers continue to report a sharp decline ...
Credit to the microfinance sector declined sequentially for the sixth consecutive quarter and registered a 9.3% year-on-year fall in the first half of the current financial year. What does RBI’s ...
NEW DELHI: The finance ministry is weighing a plan to provide credit guarantee cover to funds that NBFCs raise from banks and ramp up their microfinance operations, according to two people familiar ...
NEW DELHI: DJT Microfinance has secured funding of Rs 130 crore from public sector banks and leading non-banking financial companies to expand its lending portfolio and operations across existing and ...
Veteran CPI(M) leader Brinda Karat on Friday (December 19, 2025) lashed out at the Bharatiya Janata Party Government, alleging that rural indebtedness particularly among women was on the rise due to ...