Business

KPMG Names Ecobank Nigeria Among 2020 Customer Experience Leaders

Audit and professional services company, KPMG Nigeria, has ranked Ecobank Nigeria among the top three banks with good customer experience in the Small and Medium Enterprises (SME) segment. KPMG’s Nigeria banking industry customer experience survey measures the performance of lenders in the country in terms of their relationship with their account holders and other users […]

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StartUps

Female-Only VC firm ShEquity Plans West African Fund & Accelerator

Female-focused VC firm ShEquity is launching the ShEquity West Africa VC Fund and the ShEquity Business Accelerator (SHEBA), offering female founders funding as well as venture building and technical support. Launched this year to help reduce the US$42 billion gender funding gap in Africa, ShEquity combines cash investment, structured technical support and access to high […]

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Media OutReach

Again, Danbatta Harps on Economic Diversification Via Telecoms

The Executive Vice Chairman/CEO, Nigerian Communications Commission (NCC), Prof. Umar Danbatta has described as key the role of telecommunications to the diversification of the nation’s economy. Danbatta made this assertion in his presentation to Course 29 Participants at the National Defence College, Nigeria, recently. Speaking on a theme, “The Telecommunications Industry and National Development in […]

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FinTech

Access Bank, Visa Launch Debit Card for SMEs

Visa has partnered with Access Bank Plc to introduce a Business Debit Card targeted at SMEs in Nigeria. This will create efficiency and transparency in SMEs’ expense management by preventing mismanagement, associated with handling cash, Visa said. Designed to improve SMEs, the business card comes with a higher spending limit which is in line with […]

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FinTech

Fintech Startup Mono Secures $500k Pre-seed Expansion Funding

Nigerian fintech startup Mono has raised a $500,000 pre-seed funding round to help it build its team and expand to new markets. Founded in August, Mono helps digital businesses in Africa access their customers’ financial and identity data Its plug-and-play technology allows customers like Flutterwave, Carbon and Indicina to access a broad range of high-quality […]

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StartUps

Kobo360 Nigeria’s Logistics Startup & IFC Open Funding Support Worthy $1m

IFC, a member of the World Bank Group, has partnered Nigerian logistics startup Kobo360 to announce an open call for innovators from around the world to bring climate-smart, temperature-controlled logistics (TCL) cooling solutions to Nigeria to help the country address food waste challenges, support its health sector, and reduce its energy consumption. IFC, which is […]

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Telecoms

NCC Gets Anti-Graft Unit, Pledges to Sustain Regulatory Transparency

The Independent Corrupt Practices Commission (ICPC) has inaugurated a unit at the Nigerian Communications Commission (NCC) to support the accountability and transparency efforts of the NCC. Consequently, the Commission has pledged to continually maintain high ethical standards in all its regulatory activities consistent with the Federal Government’s efforts to entrench the culture of accountability and […]

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FinTech

Fintech Startup Blueloop Secures Pre-seed Funding, Develops Crypto-based Payments App

Nigerian fintech startup Blueloop has taken on $77,000 in pre-seed funding this year as it builds Flux, a mobile app for crypto-based cross-border payments. Founded by Ben Eluan, Osezele Orukpe and Israel Akintunde, Blueloop is the company behind Flux, a mobile payments app for cross-border payments using cryptocurrencies. Using Flux, individuals and businesses can send […]

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Technology

Organisations Panic as Leaked Files Figure Surge to 36 billion in 2020 Over COVID-19 Crisis

With a global pandemic, devastating wildfires, racial tension, and political divide, it is not surprising that 2020 was named the most challenging year in the past decades. The year has been grim for data privacy as well, with leaked personal data records reaching numbers the world has never seen before. Atlas VPN analysis based on […]

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Telecoms

Liquid Telecom Appoints Wole Abu CEO for Liquid Telecom & Africa Data Centre in Nigeria

Pan-African telecoms group, Liquid Telecom has appointed Wole Abu as Chief Executive Officer for Liquid Telecom Nigeria and its new Africa Data Centre (ADC) in Nigeria, effective January 2021. The organisation had recently acquired a premium piece of land in Lagos to build the data centre, which will be the single largest data centre in […]

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