Lendsqr’s system begins with a short interview. Rather than submitting documents, borrowers respond to a few questions about their income, job, and repayment plans using either video or voice recordings.
This achievement was the result of a highly oversubscribed hybrid offer in January 2025. The offer included a rights issue of over 5.2 billion ordinary shares at N36 per share and a public offer of about 2.8 billion shares at N36.50.
Nigeria became the 77th shareholder in the EBRD in February 2025. This followed the bank’s carefully phased expansion into sub-Saharan Africa, which was greenlit by its Board of Governors in 2023
The President’s reaction came through a statement by his Special Adviser on Information and Strategy, Bayo Onanuga,
The crisis stems from a four-week-long standoff between MTN Nigeria and the Kogi State Government, resulting in a legal directive to seal off MTN’s operations in the state.
C-One Ventures, a Nigerian investment firm focused on tech and finance, has fully acquired Bankly, a licensed microfinance bank and fintech company. This deal will merge Bankly’s services, licenses, and workforce with other financial products under C-One Ventures. The acquisition includes a restructuring phase to smoothly bring Bankly into the C-One Ventures ecosystem. Bankly’s CEO […]
Senator Solomon Olamilekan, popularly known as Yayi, has partnered with New Horizons Nigeria to train 1,000 young people in digital skills. This training program will benefit youths from the Ogun West Senatorial District and aims to prepare them for careers in the tech industry. The program will focus on hands-on training in key areas such […]
Despite complaints from Nigerian ride-hailing drivers about low income and financial stress, inDrive has confirmed it will not introduce its credit service, inDrive.Money, in Nigeria, anytime soon. A company spokesperson revealed this in a chat with Technext. The company recently launched inDrive.Money in Peru, working with R2, a Latin American fintech that offers loans to […]
Nigerian startup OmniRetail has raised $20 million in Series A funding to grow its business across West Africa. The company helps small, informal retailers improve how they buy and sell goods by using digital tools. With this new funding, OmniRetail plans to expand its operations in Nigeria, Ghana, and Côte d’Ivoire. The startup will also […]
Investor interest in the shares of MTN Nigeria increased sharply in April 2025. Many investors believe the telecom giant will report a profit in Q1 2025, thanks to its recent 50% price hikes. Analysts expect these new prices to improve MTN’s profit margins and show in its upcoming earnings report. The company will release its […]
Lendsqr’s system begins with a short interview. Rather than submitting documents, borrowers respond to a few questions about their income, job, and repayment plans using either video or voice recordings.
This achievement was the result of a highly oversubscribed hybrid offer in January 2025. The offer included a rights issue of over 5.2 billion ordinary shares at N36 per share and a public offer of about 2.8 billion shares at N36.50.
Nigeria became the 77th shareholder in the EBRD in February 2025. This followed the bank’s carefully phased expansion into sub-Saharan Africa, which was greenlit by its Board of Governors in 2023
The President’s reaction came through a statement by his Special Adviser on Information and Strategy, Bayo Onanuga,
The crisis stems from a four-week-long standoff between MTN Nigeria and the Kogi State Government, resulting in a legal directive to seal off MTN’s operations in the state.
C-One Ventures, a Nigerian investment firm focused on tech and finance, has fully acquired Bankly, a licensed microfinance bank and fintech company. This deal will merge Bankly’s services, licenses, and workforce with other financial products under C-One Ventures. The acquisition includes a restructuring phase to smoothly bring Bankly into the C-One Ventures ecosystem. Bankly’s CEO […]
Senator Solomon Olamilekan, popularly known as Yayi, has partnered with New Horizons Nigeria to train 1,000 young people in digital skills. This training program will benefit youths from the Ogun West Senatorial District and aims to prepare them for careers in the tech industry. The program will focus on hands-on training in key areas such […]
Despite complaints from Nigerian ride-hailing drivers about low income and financial stress, inDrive has confirmed it will not introduce its credit service, inDrive.Money, in Nigeria, anytime soon. A company spokesperson revealed this in a chat with Technext. The company recently launched inDrive.Money in Peru, working with R2, a Latin American fintech that offers loans to […]
Nigerian startup OmniRetail has raised $20 million in Series A funding to grow its business across West Africa. The company helps small, informal retailers improve how they buy and sell goods by using digital tools. With this new funding, OmniRetail plans to expand its operations in Nigeria, Ghana, and Côte d’Ivoire. The startup will also […]
Investor interest in the shares of MTN Nigeria increased sharply in April 2025. Many investors believe the telecom giant will report a profit in Q1 2025, thanks to its recent 50% price hikes. Analysts expect these new prices to improve MTN’s profit margins and show in its upcoming earnings report. The company will release its […]
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