DiutoCoinNews

Bitcoin News Nigeria, Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria

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Nigerian Fintechs To Be Listed on NGX, As Advisory Panel Announced. 

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Nigerian Exchange Limited (NGX) has set up the NGX Digital and Technology Products Advisory Panel. The Panel would provide a forum for the Exchange to interact with the capital market community and the fintech ecosystem to enhance and increase NGX’s…

Three Nigeria Tech Startups To Share $750,000 Support Grant.

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Out of 11 innovative companies selected across Africa, three Nigerian tech startups have been selected to join stage 3 of the Africa Startup Initiative Program (ASIP) Accelerator Programme by Startupbootcamp Africa. The Nigerian startups include PharmaServ, Park well, and Jand2Gidi. …

Nigeria Fintech Industry Now Worth N9 Billion: Expert Says.

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Following the passage of the national startup Act in October 2022, the Co-founder and Chief Executive Officer, Piggy Vest, Ms. Odunayo Eweniyi, has disclosed that Nigeria’s fintech (digital) ecosystem is now worth about N9 billion in investment. Specifically, out of…

Jambites For 2023 UTME Exams To Pay Exam Registration Fee With eNaira CBDC. 

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The Joint Admissions and Matriculation Board (JAMB) has announced partnership with the Central Bank of Nigeria to use Nigeria Central Bank Digital Currency CBDC eNaira for registration payment of its 2023 UTME exams.  CBN also said the development would eliminate…

The Means Nigeria Start-ups Used To Attract $1.2 Billion In 2022

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Nigerian tech space has seen significant growth in venture funding. For instance, Nigerian startups have raised about $3.6bn since 2019, representing about 86 per cent of the total funding in the Western Africa region in the period. As of December…

Kenya’s Fintech Took 30% Of Tracked Kenyan Tech Startups In 2022

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Recent findings of a study on Kenya’s startup space, fintech ventures alone accounted for just over 30% or 93 out of the 308 tracked startups. This figure is almost three times more than that of the nearest challengers, namely agri-tech…

Nigeria Emerges As Leading Fintech Hub Across Africa And Middle East. 

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The African Private Equity and Venture Capital Association (AVCA) noted in October that, within the first half of this year, African startups captured $3.5 billion in venture capital investment. The industry group further stated that the funding, raised by 300…

Investment In Fintech Drops Amidst Global Economic Downturn: Expert.

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In the past couple of years, there’s been huge disproportionate interest from VCs in fintechs globally and Africa which has also led to a lot of start-ups coming up. So many incubation hubs bias their services towards fintechs because those…

For Tech Business Owners And Potential Owners In Nigeria, This is What The New Start-up Bill Means For You.

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Technology in Nigeria is a fast-growing industry that has gained momentum in the last few years. Its prospects have led states like Nasarawa and Kaduna to prioritize the creation of technology villages in order to harness the growth potential of…

Fintech Is The Leading Driver In Nigeria Start-up Ecosystem, Research Reveals.

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Fintech is the leading sub-sector of the Nigerian startup space, both in terms of levels of activity and amounts of funding secured, according to the Nigerian Startup Ecosystem Report 2022, released by startup-focused news and research company Disrupt Africa, which…


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