Nigerian health technology company Lifestores Healthcare recently acquired $3 million in a pre-Series A funding round led by Health54, the CFAO Group's healthcare-focused corporate ventu...
What is an Interval Fund? An Interval Fund is a type of closed-end fund which provides investors with liquidity at predetermined intervals, usually quarterly, semiannually, or annually. ...
What is an Outstanding Check?A check (or 'cheque') that has been written but hasn't been cashed or deposited by the payee is known as an outstanding check. The person or organization writing the check...
Tuesday saw the launch of the first office for Amazon Web Services, Inc. (AWS), a subsidiary of Amazon.com, Inc., in Lagos, Nigeria. The opening of the new office in Lagos is part of AWS's effort to...
On February 23, 2023, Nigeria held its presidential elections, and Bola Ahmed Tinubu of the All-Progressives Congress (APC) emerged as the winner. Tinubu's victory was greeted with mixed reac...
As of February 2023, farmers have returned N503bn, or 52.39 percent, under the Anchor borrowers scheme, according to data released by the Central Bank of Nigeria.On Monday, AbdulMumin Isa released a s...
The drama around Silicon Valley Bank's sudden collapse continues to unfold, leaving many of its clients and creditors in a state of uncertainty. The situation is particularly dire in Germany, where th...
Since the early 2000s and the rise in the demand for digital banking, the Fintech industries have taken the finance sector by storm.Fintech (financial technology) companies are those that use technol...
Is the United State competing with China’s influence in Africa? The Vice president is in Ghana and she announced a robust aid package worth $139 million. U.S. Vice President Kamala Harris announced ...
What is Cash CrunchA cash Crunch is synonymous with a lack of cash or an absence of liquidity.It is when individuals or organizations don't have enough cash at hand to meet their financial obligations...