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Accion Venture offers 30% of investment fund to African Fintechs driving financial inclusion

Accion Venture offers 30% of investment fund to African Fintechs driving financial inclusion

Another credit opportunity has been created for Fintech startups driving financial inclusion in Africa. The new credit facility worth $23 million was set up by Accion Venture Lab
Truecaller records 130% growth so far this year, Truecaller responds to breaching Nigerian’s privacy rights , Nigeria ranked among top 20 countries affected by spams calls, SMS - Truecaller 

Truecaller records 130% growth so far this year 

Swedish mobile app, Truecaller’s subscribers' base has grown by 130% this year. The call identity app added one million subscribers globally to its paid subscription service, Truecaller Premium.  
Nigerian agric-tech startup, EZ Farming clinches $150,000 seed funding

Nigerian agric-tech startup, EZ Farming clinches $150,000 seed funding 

EZ Farming is the latest agricultural technology startup to benefit from a $150,000 seed funding from 500 startups,
Innovate 1 Pay

Nigeria’s Innovate 1 Pay expands into Dubai’s tech market 

Innovate 1 Pay, a Nigerian tech company has expanded its territory and business offering to the Middle East to tap into the growing popularity of Dubai among Nigerians.
Bluechip Tecnologies

Kenya’s tech sector welcomes a Nigerian rival, Bluechip Technologies 

Tech companies in Nairobi have a new competitor in town and it’s Nigeria’s Bluechip Technologies. Establishing an office in the East African region means Bluechip Technologies is now present in four African countries. 
Huawei Android, Huawei phones, Huawei's HarmonyOS, Huawei's product

Here’s why Huawei’s ‘HarmonyOS’ won’t be replacing ‘Android’ anytime soon

Users of @Huawei smartphone in Nigeria and across Africa need not to jubilate yet to the announcement of the newly developed Operating System (OS) by the Chinese tech company. Huawei unveiled its much publicised HarmonyOS touted to replace Android recently, but there are no plans to replace Google's 'OS' - at least not in the next three years.
Hollaport

Say hello to Hollaport, Kabiru Rabiu’s latest innovation in the Fintech arena

On Saturday the 6th of June, the Zone Tech Park at Gbadaga, Lagos, played host to the inaugural product launch from Hollaport Technologies Ltd.
Toyota Electric car market, Electric car companies, Toyota solar electric cars

Toyota begins solar testing for electric cars as market competition heats up

The electric car market is still in its growth phase but already saturated with various companies looking to edge out the other, however, to establish their footprints more innovations are being incorporated, and @ToyotaMotorCorp is reportedly working on one.
Google digital skills training

Google to train local manufacturers through its digital skills initiative

Google Nigeria has announced the launch of its Google Digital skills for Africa programme which kickedoff in Aba and other neighboring communities in Abia state, where entrepreneurs are being trained, especially manufacturers.
Arnergy, Norwegian Investment Fund for Developing Countries, Norfund, EDFI ElectriFI, All On

Nigerian energy startup raises $9 million in Series A funding

Nigerian energy startup, Arnergy has raised about $9 million in a Series A round of funding, led by Breakthrough Energy Ventures.

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NAICOM, Recapitalisation: 44 firms get NAICOM’s nod , NAICOM boss makes case for recapitalisation, insists the exercise will solidify insurance sector , NAICOM extends recapitalisation deadline for insurance companies to meet new capital base, Due to lack of ‘process’, NAICOM says no insurance firm has met recapitalisation requirement, Insurance: Recapitalisation exercise sets consolidation in motion, Insurance firms are reportedly selling off assets to meet NAICOM’s recapitalisation deadline, Insurance: NAICOM mulls extension of recapitalization exercise

INSURANCE: NAICOM mulls extension of recapitalisation exercise

There are indications that NAICOM will extend the deadline for the recapitalisation of insurance and reinsurance companies for the second time.
British Pounds Sterling plunges, British PM admitted to Intensive care Unit 

British Pounds plunges, as PM gets admitted to Intensive care

The market responded negatively after British Prime Minister, Boris Johnson was admitted into the Intensive Care Unit yesterday due to complications from Coronavirus. 
COVID-19: FCMB reschedule operations

Covid-19 Update in Nigeria

 On the 6th of April 2020, six (6) new confirmed cases of COVID-19 were recorded in Nigeria
KPMG outlines the impact of a Twin Shock on Nigeria

KPMG Nigeria outlines the impacts of a Twin Shock on Nigeria

Nigeria is feeling the heat and that is because its sole dependence on oil has made it suffer a Twin Shock.
FBNQuest Trustees, Anniversary,FBNQuest Trustees, Marks 40th Anniversary of preserving legacies in Nigeria

FBN Holdings Plc’s gross earnings surge to N627 billion in FY 2019

FBN Holdings Plc has released its full-year 2019 audited financial report. We have summarised the key details for you.