Browsing Tag
Nigeria
3 posts
Blow as Binance ceases operations in Nigeria
Amidst the directive, top directors of the company have been detained, with the company allegedly slapped with a $10 billion fine. Binance has not released any statement as to the closure, and neither has the Nigerian authorities divulged any information.
FairMoney pursues entry into Kenya and Nigeria through potential Umba acquisition
The potential acquisition comes amid a tightening venture capital landscape in the fintech sector, reflecting the trend of consolidation in the African digital banking space. This could be FairMoney's second deal in two years, following the broader industry trend of mergers and acquisitions.
Mastercard and Glovo collaborate efforts to provide meals in Kenya and Nigeria
The partnership aims to provide more than 300,000 meals to school children in Kenya and Nigeria for an entire academic year, marking a significant step in addressing poverty, malnutrition, and educational deficiencies.