Most Profitable Business in Nigeria With Low Capital

Becoming your own boss in Nigeria does not necessarily mean splurging, with plenty of low capital business ideas available. If you are considering spending an extra ₦50K – 500K on becoming an entrepreneur, consider these most lucrative businesses in Nigeria.


E-KYC Surges in Africa

Innovative e-KYC verification solutions are growing in Africa, just as businesses across the continent are increasingly moving online.


Crypto Grows in Africa and MENA as Shield Against Inflation

Bitcoin remains the most dominant cryptocurrency in Sub-Saharan Africa, while rising inflation makes Turkey the fourth country worldwide in raw crypto transaction volume rating.

Blockchain & Crypto

Nigeria Has The Most Crypto-Keen Population Globally

The findings from the global Web3 perception survey showed that 99% of Nigerians are more aware of Web3 and crypto concepts than people in major Western economies


Mastercard Partners With MTN, Acquiring Minority Stake in Its Fintech Business

Africa’s largest mobile network operator MTN has sold a minority stake in its fintech arm to the payment giant Mastercard to support the acceleration and growth of the business’s payments and remittance services.


Moove Raises $76 Million to Transform Financial Services for Mobile Gig Workers

The funding round led by Mubadala and BlackRock brought African-born, global mobility fintech Moove $76M to accelerate its expansion


13th Africa Bank 4.0 Summit – West Africa

13th Africa Bank 4.0 Summit — West Africa 10th – 12th October 2023 EKO Hotel & Suites, Lagos, Nigeria #africanbanksummit Event Link: Event Registration: Download Event Agenda: After the success of 12 successful editions, the 13th Africa Bank 4.0 Summit – West Africa, will be focused on “Scaling Digitally Upwards for a […]

Society & Lifestyle

Remedial Health Gets Fresh Funding From QED to Digitize Nigerian Pharmaceutical Sector

Remedial Health, a Nigerian startup bringing efficiency to the local pharmaceutical value chain has raised $12 million in Series A equity-debt funding to scale up operations


Nigeria Adds NFC Function to Boost eNaira Adoption

The Nigerian central bank hopes that the addition of NFC technology will improve the adoption rates for the country’s CBDC – eNaira


Google Cloud & Moniepoint to Serve Underbanked Businesses in Nigeria

Africa-focused business banking platform Moniepoint will make financial services more accessible to SMEs even in remote regions of Nigeria with the help of Google Cloud and its scalable infrastructure


Access Bank Unveils Amex Cards in Nigeria

Nigeria-based Access Bank rolls out two new credit cards for local consumers: the Access Bank American Express Gold card and the Metal Platinum card

Blockchain & Crypto

Nigerian SEC Targets Binance Following the US Suite

Binance is facing legal troubles in Nigeria a few days after the US SEC took legal action against the world’s largest cryptocurrency exchange


Wema SME Business School Launches in Nigeria

Wema Bank Business School 5.0. for small and medium-sized enterprises (SMEs) in Nigeria will hold in Benin City, Edo State, from May 22 to 26, 2023


Nigerian B2B E-Commerce Startup Sabi Raises $38 Million to Serve African Retailers

Sabi’s Series B funding round values the company at $300 million and powers the startup’s goal to serve the 50 million small- to medium-sized businesses (SMBs) in Africa 

Fintech & Ecommerce

Facctum Launches Anti-Fincrime Tech for Nigerian Banks

The new anti-financial crime solutions harness the power of parallel processing technology to help Nigerian financial institutions modernise financial crime detection


Nigerian SEC Considers Tokenized Assets Not Crypto

Preparing new industry regulations for digital asset platforms, Nigeria doesn’t plan to include cryptocurrencies According to Bloomberg, the Nigerian Securities and Exchange Commission (SEC) is considering allowing licensed digital exchanges to list tokens backed by certain assets. However, the regulator clarified it didn’t concern cryptocurrencies. Despite the previous reports that the government of Nigeria is preparing to […]

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