Business

African fintech company Flutterwave announced that it has raised $170 million in Series C funding, valuing the company at over $1 billion. The round was led by growth-equity firms Avenir Growth Capital and Tiger Global. New and existing investors who participated include DST Global, Early Capital Berrywood, Green Visor Capital, Greycroft Capital, ...

Zoom founder Eric Yuan has transferred about 18 million of his shares worth more than $6bn (£4.4bn), according to a regulatory filing. Mr Yuan, who is also chief executive of the video-conferencing platform, moved roughly 40% of his stake in the company last week. The shares were shown as gifts ...

Pan African financial institution, United Bank for Africa (UBA), Plc is set to change the face of digital banking services with its new mobile banking app aimed at delivering first-rate services to customers. The new UBA mobile banking app, has been armed with benefits and features designed to give its customers increased control and accessibility to ...

The Centre for Nigerian Dutch Dairy Development (CNDDD) has announced that it will host a webinar in partnership with the Federal Ministry of Agriculture and Rural Development (FMARD) and the Central Bank of Nigeria (CBN) on topics that will enable a sustainable national dairy sector and value chain in Nigeria.   The CNDDD webinar ...

First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider is rewarding customers with N5 for every dollar received through foreign remittances. This N5 for a dollar incentive is paid to FirstBank’s customers regardless of their preference to collect the USD as cash across the counter in any of the ...

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its SME specific accounts designed to reinforce the Bank’s role in putting SME’s at an advantage whilst contributing to national growth and development.   The SME accounts – which are in two variants – FirstSME ...

Ecobank is implementing the Central Bank of Nigeria (CBN)’s scheme which offers N5 for every Dollar received into domiciliary accounts or as cash over the counter.  Korede Demola-Adeniyi; Head, Consumer Banking, Ecobank Nigeria, who announced this in Lagos stated that the decision is in line with the CBN’s directive and ...

Nigeria’s largest hospitality brand launches a new platform for booking vacation homes, holiday lets, and experiences. Aura is a new platform that connects people to great accommodation, great food, and memorable experiences in different cities across Africa Aura to partner with homeowners, hoteliers, restaurateurs, tour operators, and locals to redefine ...

In life, there is a time for everything, a time to sow and a time to reap. Indeed, there is a time to be born and a time to die. In the business sector, there is often the need to obtain a loan in a bid to push an organisation ...

When it comes to the business of Real Estate in Nigeria, the name Morola Olabisi Babalola is definitely worthy of some accolades and encomium. Driven by her passion to create impact and see many rise from the scratch of shelter, to live among the high and mighty in the society, ...