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Friday, September 13, 2024

Kuda Launches New Payment Solutions for Small Businesses

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Kuda, a digital banking platform, has introduced new payment tools aimed at helping small and medium-sized enterprises (SMEs) in Nigeria. The company has launched...

GTBank Transitions to New Core Banking Platform, Finacle

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Guaranty Trust Bank (GTBank), one of Nigeria's leading banks, is in the final stages of switching its core banking software to Finacle, a system...

Naira’s Value Rises After Successful Bond Launch

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Nigeria's naira experienced a significant boost after the successful launch of the country's first domestic dollar-bond issue, which drew strong interest from investors. On...

FCMB Raises N110.94 Billion in Successful Capital Raise

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FCMB Group Plc has successfully raised N110.94 billion through a capital increase exercise. The funds raised will be used to strengthen the bank's balance...

GTCO Becomes First Nigerian Bank to Hit N1 Trillion in Pre-Tax Profit

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Guaranty Trust Holding Company (GTCO) Plc has become the first Nigerian bank to report over N1 trillion in pre-tax profits for the first half...

Moove, the Nigerian Startup Backed by Uber, Expands to the United States

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Moove, a Nigerian startup that finances vehicles for ride-hailing companies, is expanding its operations to the United States. This move is part of the...

Japaul Gold & Ventures Lists N20bn Worth Of Shares On NGX

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Nigerian company Japaul Gold & Ventures Plc has made a significant move by listing N20 billion worth of new shares on the Nigerian Exchange...

Rain Increases 5G Package Prices Again

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Mobile network operator Rain has raised the price of its RainOne Home package to R625 per month. This marks the second price increase since...

UBA Partners With Huawei For Storage Solutions

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Chinese tech giant Huawei has won a significant contract with United Bank for Africa (UBA), one of Nigeria's largest banks. The deal, worth an...

Funding Opportunity: African AgriTech Startups Eligible for $50,000

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The MEST Africa Challenge 2024 is now open for applications, offering $50,000 in equity funding to early-stage AgriTech startups in West Africa. The competition...