CBN: IMF Requests A Review Of The 2007 Act
To increase the bank’s autonomy and governance, the International Monetary Fund has advocated for a revision of the Central Bank…
Day: February 20, 2023
Lagos Launches Aerial Mapping
A Cessna 406 aircraft has been used by the Lagos State administration to map the state from the air.The effort,…
Fuel Queues Likely to Reappear in Nigeria Due to Supply Shortage.
Leading oil marketers said that NNPCL depots, which supply private depots across the nation, ran out of supplies over the…
BuuPass Raises $1.3M to Expand Africa’s Mobility Sector Digitization.
In Kenya, the bulk of operators, particularly those in the road transportation industry, still insists that customers physically book tickets…
Meta Will Test A Monthly Subscription Service For $11.99
In an effort to support the growth and community building of content producers, Meta Platforms (META.O) said that it is…
Cleantech Qotto Launches Growth Strategy with $8M Investment.
The IBL group, a $1 billion conglomerate with operations in a number of industries, including energy, financial services, logistics, distribution,…
China Demand Optimism And Supply Forecast Worries, Cause Oil To Climb.
Optimism about China’s demand rebound, worries that underinvestment could constrain future oil supplies, and major producers maintaining output limitations all…
FG Estimates That Inaccurate Measuring Causes 40% Of Oil Losses.
According to the Federal Government, measurement errors—not theft—are to blame for about 40% of the quantities of crude oil losses…
Investors in stocks suffer a loss of N281 billion in a single week.
At the close of last week’s trading on the floor of the Nigerian Exchange Limited, stock investors lost N281 billion.…
Conflicts Between The FG And States Regarding Salary Reviews
Oluwarotimi Akeredolu, the governor of Ondo State and head of the Southern Nigeria Governors’ Forum, recently spoke out against the…
LCCI Tells FG That Rising Inflation Will Make Poverty Worse.
The prolonged increase in the overall price level in recent years has weakened some people’s purchasing power, the Lagos Chamber…
IFC, DEG, Yellowwoods, and Others Backed Naked’s Series B.
A South African insurtech firm called Naked Insurance has acquired $17 million in Series B funding led by the International…
The APC And Bank CEOs Work Quickly To Fix The Naira Crisis.
In a last-ditch effort to resolve the lingering cash crisis that has thrown the entire country into turmoil, governors elected…
Group’s Investments are Brought Together Under the New Axian Units.
Axian Group has revealed a new investment division intended to support Africa’s early-stage tech businesses. Axian Investment, the newly created…
Returning and New Investors Support Smile’s Series B $20m Round.
In an expanding fintech market like that of Africa, the significance of KYC and identity verification cannot be overstated. Strict…