Notcoin, a cryptocurrency endorsed by Telegram, recently concluded a successful airdrop campaign. However, the crypto coin has lost 85% of its value in the first week of listing. Unfortunately, Notcoin value dropped. The sharp decline is attributed to the sell…
Nigerian Startups received 30% of the total funding raised by African Startups in years. The amount, $15 billion, was raised on the continent in 5 years. According to an analysis done by Africa The Big Deal, the Big Four, which…
The South African investment sector is about to take a boost! The upcoming country’s election is starting to turn the tide of the financial markets. This remarkable development will boost investors’ confidence in South African bonds. South African bonds absorbed…
In a move designed to bolster Nigeria’s cybersecurity defenses, the Information Security Society of Africa-Nigeria (ISSAN) has made a public appeal for intensified collaboration with the Economic and Financial Crimes Commission (EFCC) in tackling the pervasive issue of cyberfraud. This…
The International Finance Corporation (IFC) has highlighted a significant challenge hindering the rapid adoption of technology in Africa – high costs. According to a recent report by the IFC, the expenses associated with implementing and utilizing technology in Africa are…
The United Bank for Africa (UBA) has expressed unwavering confidence in its ability to fulfill the N500 billion capital base requirement stipulated by the Central Bank of Nigeria (CBN) by the March 2026 deadline. This assurance comes amidst growing industry-wide…
South Africa’s electric vehicle (EV) landscape is set to be revolutionized with the introduction of the Dayun S5 Mini, an affordable electric car and eco-friendly vehicle specifically designed to meet the needs of South African drivers. This exciting news comes…
In a move that has sparked widespread debate, the Central Bank of Nigeria (CBN) has obtained a court order allowing it to collect customers’ social media handles from banks operating within the country. The decision, which aims to enhance the…
Bharti Airtel International (Netherlands) B.V., Airtel Africa subsidiary, has repaid in full the 5.35% Guaranteed Senior Notes maturing on May 20, 2024. Airtel Africa Debt Repayment The company stated that $550 million Airtel Africa bond repayment was made exclusively out…
Jaiz Bank profit increased by 300% year on year in the first quarter of financial year 2024. This is according to the Islamic lender’s unaudited financial statement posted on the Nigerian Exchange (NGX) on Sunday. Jaiz Bank Profit Journey From…
