The National Identity Management Commission (NIMC) has released data showing that the number of National Identification Number (NIN) enrolments has reached 101 million as of June 26, 2023. This represents a growth of 1 million from the 100 million enrolments recorded at the end of May. Lagos State continues to lead the pack in terms … Read more
Garlic loan is a Nigerian loan app that offers instant and unsecured loans of up to N50,000. Interest rates range from 6% to 24% per month. You can apply for a loan through the mobile app, which is available on the Google Play Store. The app has about 500k downloads so far on Google Play … Read more
Africa-focused fintech platform, PalmPay, has announced that its payments ecosystem includes 25 million users, 500,000 mobile money agents, and 300,000 merchants. The company also says it processes over five billion dollars monthly. In 2019, PalmPay launched in Nigeria to become Africa’s largest financial services platform after securing a $40 million seed round. After four years, … Read more
A unicorn is a privately held startup company with a valuation of over $1 billion. The term was first popularized by venture capitalist Aileen Lee in 2013. Unicorns are very rare, and there are only a few hundred of them in the world. To become a unicorn, a company must have a number of things … Read more
SokCash loan app is a Nigerian lending platform offered by a company called SokGlobal Technology Limited. Initial findings on this app suggest it to be a scam, most customers complain of being asked to make an upfront payment after which they never received any loan. In Nigeria, there has been a recent surge in the … Read more
Lilycash loan app is a Nigerian loan app that offers instant and unsecured loans of between ₦2000 – ₦100,000. Interest rates range from 16% -21% per month. Are you looking for a quick and easy way to get a loan in Nigeria? If so, you’re in luck! There’s a new loan app in town that can … Read more
The Joint Admissions and Matriculations Board (JAMB) has released the list of the top 10 most preferred tertiary institutions in Nigeria for the 2022/2023 academic year. The list is based on the number of applicants who chose the institutions as their first choice in the 2022 UTME. The Top 10 The top 10 most preferred … Read more
The Nigerian banking sector is one of the most vibrant and competitive in Africa. With over 200 banks operating in the country, there are many options for businesses and individuals looking for banking services. Twelve of the major Deposit Money Banks listed on the Nigerian Exchange posted an aggregate profit after tax of N1.07 trillion in … Read more
Joycash loan app is a Nigerian loan app that offers instant and unsecured loans of up to N80,000. Interest rates range from 6% to 24% per month. You can apply for a loan through the mobile app, which is available on the Google Play Store. The application process is simple and digitized. You will need … Read more
Flutterwave, a leading payment infrastructure provider in Nigeria, has expanded into the POS market with the launch of its own POS terminals. The company is offering the terminals at a subsidized price of NGN20,000, which is significantly lower than the cost of traditional POS terminals. Flutterwave POS details Price NGN 20,000 Time of delivery 7 … Read more