Nigeria

Nigerian FinTech Grey Nets $2M for Cross-Border Payments
Nigerian FinTech Grey Nets $2M for Cross-Border Payments
August 29, 2022  |  Cross-border Payments

Nigeria-based FinTech Grey has raised $2 million in seed funding, toward its goal of simplifying the sending and receiving of foreign payments for Africans, a...

READ MORE >
Nigerian B2B eCommerce Firm Omnibiz Raises $15M, Plans to Expand
Nigerian B2B eCommerce Firm Omnibiz Raises $15M, Plans to Expand
August 19, 2022  |  B2B Payments

Nigerian B2B eCommerce company Omnibiz has raised $15 million in a pre-Series A funding round and said it plans to expand further in the region....

READ MORE >
Nigerian Startup Pastel Raises $5.5M for Small Business Services
Nigerian Startup Pastel Raises $5.5M for Small Business Services
August 15, 2022  |  Investments

Pastel, a Nigerian merchant platform and bookkeeping startup formerly known as Sabi Cash, has raised $5.5 million in a seed financing round in addition to...

READ MORE >
EMEA Daily: Nigeria Begins Regulating Mobile Devices via 5% Tax
EMEA Daily: Nigeria Begins Regulating Mobile Devices via 5% Tax
August 12, 2022  |  International

In today’s top stories from Europe, the Middle East and Africa (EMEA), the Nigeria announced the implementation of a 5% tax on mobile devices. Nigeria...

READ MORE >
Nigeria Implements 5% Mobile Services Tax
Nigeria Implements 5% Mobile Services Tax
August 12, 2022  |  Mobile

As it deals with a growing financial crisis, Nigeria is preparing to implement a 5% tax on voice calls, text messages and mobile data. As...

READ MORE >
5 Things to Know About the Nigeria Startup Bill
5 Things to Know About the Nigeria Startup Bill
August 07, 2022  |  Startups

In July, the Nigeria Startup Bill (NSB) passed through the country’s House of Representatives, a week after the Senate voted in favor of it. The...

READ MORE >
BNPL Is the Working Capital Bridge for African SMBs
BNPL Is the Working Capital Bridge for African SMBs
July 07, 2022  |  BNPL

There’s a huge gap in working capital financing for small- and medium-sized businesses (SMBs) in emerging markets across Africa, estimated at about $340 billion by...

READ MORE >
Nigerian Payment App Abeg Rebrands Into Pocket by Piggyvest
Nigerian Payment App Abeg Rebrands Into Pocket by Piggyvest
June 27, 2022  |  emea

Nigerian payment app and social commerce platform Abeg on Monday (July 27) rebranded itself as Pocket by Piggyvest. The rebranding coincides with news that the...

READ MORE >
Today in Crypto: Bank of Canada Official Urges Regulation; Bitcoin, Ether Plunge on Inflation News
Today in Crypto: Bank of Canada Official Urges Regulation; Bitcoin, Ether Plunge on Inflation News
June 12, 2022  |  Cryptocurrency

The number of Canadians owning crypto assets is growing fast, requiring regulation, especially as people might not understant the risks of investing in things like...

READ MORE >