Lagos State Unveils Bold MSME Financing Scheme
Lagos State Government has forged a strategic partnership with the Bank of Industry and Sterling Bank. Together, they are unveiling...
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How Currency Devaluation is Worsening Hardship in Nigeria and Ethiopia
Currency devaluation has far-reaching consequences, especially when imposed suddenly and forcefully. In Africa, two major economies—Nigeria and Ethiopia—have recently experienced...
Cascador & Sterling Bank Launch $2M Fund for African SMEs
Cascador, an Africa-focused accelerator program dedicated to empowering Nigerian entrepreneurs and driving business growth in Africa, has announced a strategic...
Electricity Tariffs Set to Rise, SMEs Brace for Impact
The Nigerian government has announced plans to introduce cost-reflective electricity tariffs, signaling the end of longstanding subsidies. Minister of Power,...
Nigerian Banks Increase SMS Fees, Urge Email Switch
Starting May 1, 2025, customers of Nigerian banks will pay more to receive SMS alerts, following a recent surge in...