Airtel Africa’s nine-month profit soars to $248m in recovery from losses
By Joseph Olaoluwa In a major comeback from heavy losses triggered by naira devaluations, Airtel Africa reported a profit after
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Author: Joseph Olaoluwa
Cedar Money secures $9.9m to boost cross-border payments with stablecoins
By Joseph Olaoluwa Cedar Money, a fintech startup utilising stablecoins for cross-border payments, has announced a $9.9 million seed funding
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Stanbic IBTC fintech unit Zest to get N4bn in fresh capital as losses widen
By Joseph Olaoluwa Stanbic IBTC Holdings Plc, a midsize lender in Nigeria, plans to recapitalise its fintech subsidiary, Zest Payments
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From 76 to 36,000 vehicles: Uber-backed Moove boosts fleet with Kovi acquisition
By Joseph Olaoluwa Moove, an Uber-backed Nigerian startup that finances vehicles for ride-hailing drivers, has acquired Brazilian mobility company Kovi,
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[BREAKING] NCAA suspends Max Air after Tuesday incident
Achimugu said that Max Air’s return to the skies will be premised on the successful completion of this audit
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CBN deploys FX code as latest tool to prop up naira
By Joseph Olaoluwa The Central Bank of Nigeria has launched the Nigeria Foreign Exchange Code (FX Code), to ensure stability
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Abbey Mortgage Bank set to rebrand to commercial lender after 30 years
By Joseph Olaoluwa After three decades of operation as Abbey Mortgage Bank, the financial institution is on course to change
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GO54 founder Opeyemi Awoyemi exits board after sale to South Africa’s HOSTAFRICA
The deal marks Awoyemi’s second successful exit as a founder, having previously founded and exited from Nigerian job board Jobberman.
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Risevest responds to SEC allegations, reassures customers of funds safety
By Joseph Olaoluwa Risevest, a Nigerian fintech that gives customers access to selected global investments, has offered clarification to customers
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Guinness Nigeria pares losses as revenue rises 82%
Guinness Nigeria, a brewing company, saw its loss after tax for the six months ended December 31, 2024 decline compared
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