Ojukwu Emmanuel
AUTHOR: Ojukwu Emmanuel
African Payments Company NALA Raises $40M in Funding to Expand Global Reach
Nala, an African payments company, has raised $40 million in equity, marking one of the largest Series A deals in Africa.
The funding round was...
1 in 2 Businesses in Nigeria Still Prefer Cash Payments Over Digital Payments –...
Moniepoint, a Nigerian Fintech company that provides an all-in-one payments, banking, and operations platform for businesses and their customers, in its latest report titled...
CAC Extends Registration Deadline for PoS Operators in Nigeria to September
The Corporate Affairs Commission (CAC) has extended the deadline date for point-of-sale (PoS) operators in Nigeria to September 5, 2024.
This was announced by the...
Nigerian Banks See 77.62% Decrease in Fraud Losses in Q1 2024
Nigerian banks experienced a significant reduction in financial fraud losses in the first quarter (Q1) of 2024, with a 77.62% decrease compared to the...
Kenyan E-Commerce Firm Copia Liquidates Assets, Ends Business Revival Attempts
Copia, a Kenyan-based B2C e-commerce platform that serves middle to low-income African consumers, has officially decided to liquidate its assets and pay off its...