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El Salvador buys the dip again amid market sell-offs due to COVID-19 concerns

The President of El Salvador, Nayib Bukele took to Twitter to announce that his nation has bought the dip to the tune of 100 BTC, amid market sell-offs exasperated by a new strain of the COVID-19 virus, which is reportedly vaccine-resistant. The cryptocurrency market suffered a loss as a result of

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Oil dips for 5 consecutive weeks over fresh COVID-19 concerns 

The black liquid benchmarks had one of their worst weekly performances last week with both contracts losing over $10 a barrel on Friday, representing their largest one-day drop since April 2020.   Both benchmarks were set to reverse their four-week losing streak, posting over 3% gain as at mid-week. However, a new variant of the

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DEAL: Nigerian B2B marketplace, Sabi, raises $6 million in bridge round to expand across Africa

Sabi, Africa’s fastest-growing B2B marketplace has closed a $6 million bridge round to drive expansion. A bridge round is a small round of funding to tide a startup over until its next larger round of funding. The round was led by pan-African VC firm, CRE Ventures. This bridge round is coming a

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Terrific program for mid-stage entrepreneurs!

Sycamore is a peer to peer lending technology-enabled platform that has lent over $4M in 18 months! “Spent the whole of last week at Cascador – a training program and accelerator for mid-stage entrepreneurs.  10 of us were chosen from a larger pool so the class was small enough to give personal attention.

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How HUH Token is creating passive income opportunities to its holders

Decentraland and The Sandbox are two cryptocurrencies that have seen a surge in value due to the recent Facebook announcement. Facebook changed their name to Meta and announced their vision for the future heavily incorporates the metaverse, resulting in a knock-on effect for the cryptocurrency market. Many of the currencies,

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You won’t believe how HUH Token compares to Metaverse crypto, The Sandbox

In the last couple of days, a metaverse cryptocurrency called The Sandbox (SAND) has made an impressive gain in the cryptomarket. It has increased nearly 40% in the last twenty-four hours. It is not only the last twenty-four hours that have seen impressive green candles. The whole month has been

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CBN gives N5 million to 6 students as TIES launches

The Central Bank of Nigeria (CBN) presented six pioneer beneficiaries of the Tertiary Institutions Entrepreneurship Scheme (TIES) with N5 million cheques to assist them grow their businesses, create jobs, and contribute to economic progress. Mr Godwin Emefiele, Governor of the Central Bank of Nigeria, said the initiative was aimed at pushing

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CBN to establish International Finance Centre at Eko Atlantic City by 2nd quarter of 2022

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said that the apex bank would set up an International Financial Centre at the Eko Atlantic City by the second quarter of 2022, for investors seeking to invest in critical sectors of the economy. The Centre, which would serve as

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Ibrahim Kashim resigns as Director from Veritas Kapital Assurance

The Board of Veritas Kapital Assurance Plc has notified the investing public and other relevant stakeholders, of the resignation of Mal. Ibrahim Muhammad Kashim, as an Independent Non-Executive Director of the Company. This announcement was made in a notification issued by the Company Secretary, Saratu Umar, and filed with the Nigerian Exchange Limited

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Infinity Trust Mortgage Bank appoints Bukola Afriogun as new Acting CFO

Infinity Trust Mortgage Bank Plc has appointed Mr Bukola Afriogun as the new Acting Chief Financial Officer (CFO) of the Bank, effective from 30th of October, 2021. The appointment is following the resignation of the former CFO of the bank – Mr Samson Agbaka, whose resignation became effective from 30th of

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