What Startups and Investors Should Expect from the Implementation of the Nigeria Startup Act, 2022
In 2021, African startups raised over $4 billion across 355 funding deals, that is (almost three times what was raised in previous years) and the Nigerian fintech sector reportedly accounted for 63% of the funding raised. Additionally, out of the 10 unicorns coming out of Africa, 7 are Nigerian – Jumia, Flutterwave, Andela, Chipper Cash, […]
Naira’s Digitization via the E-Naira: Beyond Financial Inclusion
Nigeria’s monetary system has seen considerable reforms in the past years. In carrying out its supervisory functions, the Central Bank of Nigeria (“CBN”) has developed various monetary policies to ensure the system’s effectiveness, including ensuring the use of emerging technologies in advancing its goal of closing the access gap to financial services. The development of […]
