Month: September 2021

Nigerians to start Downloading E-naira Wallets as Central Bank launches digital currency October 1st

The Central Bank of Nigeria (CBN) has said that Nigerians can begin to download e-naira wallets on their phones from October 1. The Director, Payment System Management, at the CBN Mr. Musa Jimoh, said...

Chinese banks to begin operations in Nigeria

Talks between the Chinese government and Nigeria are underway for the establishment of Chinese banks in Nigeria. Both parties hope that this will facilitate trade relations between the two nations. Th...

Former CBN Deputy Gov and social critic Mailafia Obadiah is dead

Former Deputy Governor of the Central Bank of Nigeria (CBN), Dr. Obadiah Mailafia is reportedly dead. Recall that Mr Obadiah was in the news in recent times for claiming that some top government offic...

Prospa raises $3.8m in pre-seed to expand banking,software services

Nigerian fintech startup, Prospa has closed a $3.8 million pre-seed round.  The investors in the round include VCs like Global Founders Capital and Liquid 2 Ventures. Founders of global fintech l...