Financial Services
Call For Applications: The Mastercard Foundation Africa Growth Fund (Up to $200 million (USD))
About The Fund With a pledged $200 million (USD), the Mastercard Foundation Africa Growth Fund (MFAGF) is a visionary Fund of Funds...
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Nigeria to Return to Controlled Exchange Rate System Slide: Economist Intelligence Unit Predicts
The Economist Intelligence Unit (EIU), renowned for its global business intelligence and market insights, has foreseen a crucial shift in...
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Ecobank Emerges Africa’s Best Bank for SMEs at Euromoney Awards for the Second Consecutive Time
The renowned Euromoney Awards for Excellence has once again recognized Ecobank, the leading pan-African Banking Group, as Africa's Best Bank...
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FirstBank Highlights Importance of Resilience for SMEs in Times of Uncertainty
In a bid to address the potential impact of external shocks on Small and Medium Enterprises (SMEs), FirstBank has underscored...
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Mastercard Partners with a Nigerian B2B eCommerce Platform Alerzo to Empower SMEs with Digital Payment Solutions
Global payments giant, Mastercard, has joined forces with Alerzo, a prominent Nigerian B2B eCommerce platform, in a strategic partnership aimed...
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IFC Launches Program to Empower Women-led Startups in sub–Saharan Africa
Abidjan, Cote d'Ivoire, June 5, 2023–To support women entrepreneurs across sub–Saharan Africa, IFC today launched She WINS Africa, a program...
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Google Now Enables Naira Payments on Play Store
Google has made a groundbreaking announcement that is set to revolutionize digital transactions for Nigerians - the integration of the...
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Central Bank of Nigeria Raises Interest Rate to 18.75%, the Highest in 22 Years
In response to the surging inflation rate in Nigeria, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria...
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Moody’s Maintains Afreximbank’s Credit Rating at Baa1
The African Export-Import Bank (Afreximbank) Africa’s foremost multilateral trade finance institution, announces that the global credit ratings agency Moody’s has...
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FCCPC to Prosecute POS Operators Over Charges Increase
The Federal Competition and Consumer Protection Commission (FCCPC) has issued a stern warning to Point of Sales (POS) operators and...
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