Nigeria

Articles

Most Prominent Agritech Companies in Nigeria 2024

A wave of innovation is sweeping across the globe, as entrepreneurs and technical wizards alike are finding ingenious ways to weave technology into the fabric of agriculture. This burgeoning field, commonly referred to as ‘Agri-tech Startups’, is blossoming with a vibrancy akin to a field of lilies in full summer bloom.

News

Africa’s Participation in Global Blockchain VC Deals Hits New Record

Africa’s emerging influence in the global blockchain industry is reflected in the continent’s highest-ever share of blockchain venture capital (VC) rounds on record.

News

Nigerian Regulator Fines Meta

In Nigeria, the local regulator fined Meta.

Articles

The Best Online Loans with Monthly Payments in Nigeria

In today’s fast-paced world, financial flexibility is essential. Whether you’re dealing with unexpected expenses, investing in a new venture, or simply managing cash flow, access to online loans with monthly payments can be a game-changer.

Articles

Emergence of AI Startups in Nigeria

The emerging AI landscape in Nigeria shows significant promise and rapid growth driven by a combination of entrepreneurial initiatives, educational efforts, and supportive policies. Growing interest in innovative technologies led to a significant increase in AI startups in Nigeria in the past few years. 

Articles

Leading Neobanks in Nigeria 2024

In the fast-paced world of finance, traditional banks face competition from digital-only neobanks. Focusing on user-friendly and personalized services, neobanks are revolutionizing Nigerian banking and promoting financial inclusion.

Fintech & Ecommerce

American Express Rolls Out Business Card for Nigerian Users

American Express is launching a business credit card in Nigeria.

Fintech & Ecommerce

Leading Payment Gateways in Nigeria 2024

Before 2012, Nigeria saw a heavy reliance on cash transactions due to limited access to ATMs and intricate traditional banking systems. This led the Central Bank of Nigeria to introduce the cashless policy and led to the creation of the NIP in 2011.

News

Nigeria’s SEC Hikes Crypto Exchange Registration Fee to N150M

The regulator proposes to increase the registration fee for cryptocurrency exchanges in Nigeria fivefold – from 30 million naira ($18,620) to 150 million naira ($93,000).

Articles

Where to Buy Crypto in Nigeria 2024

One of the world’s most crypto-keen countries, Nigeria offers its citizens a vast choice of cryptocurrency trading platforms. This article will help you navigate the complex landscape of cryptocurrency companies and startups operating in Nigeria and choose the best service provider according to your needs.

Fintech & Ecommerce

Bfree Debt Collection Startup Raises $3M to Promote Ethical Debt Recovery in Nigeria

Bfree, a Nigerian tech-enabled debt collection startup that offers an ethical alternative to aggressive money retrieval techniques, raised almost $3 million in fresh funding in a round led by Capria Ventures.

Fintech & Ecommerce

Investment Platforms: Nigeria

Nigerians are actively seeking investment portfolios and platforms to protect and grow their money amidst a challenging macroeconomic environment. This environment is currently experiencing one of its toughest periods in the last decade, as indicated by various economic indicators.

Fintech & Ecommerce

Top 10 Agri-Fintech Startups in Africa

Global stability largely depends on the food security and prosperity of the population. To reduce poverty levels and provide economic security to the dwellers of rural areas, the agriculture sector needs to be properly financed and get access to quality financial services. Agri-fintech startups serve exactly this purpose. In Africa, the need for agri-fintech services […]

Fintech & Ecommerce

Challenges to Fintech Development in Nigeria

Mass adoption of digital services in Nigeria is consistent with the growth of the local fintech industry. However, the immense potential of this segment cannot be fully revealed without overcoming a number of the regulatory and financial challenges.

Fintech & Ecommerce

Opportunities in Mobile Banking and Consumer Segments of Nigeria

Nigeria is one of the most underestimated destinations for global investors. With its young tech-savvy population and a new wave of reforms, Nigeria presents plenty of opportunities in mobile banking, data usage and consumer goods segments.

Fintech & Ecommerce

African Fintech Cleva Raises $1.5 Million

Nigerian fintech company Cleva, which specializes in creating a banking platform that allows African businesses and local individuals to access international payments by opening dollar accounts, raised $1.5 million as seed funding.