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IFC and C2FO have launched a new supply chain finance platform in Nigeria, marking a shift from funding commitments to real market deployment. The platform is now live with Stanbic IBTC as the first integrated bank, while corporates including MTN,...
#C2FO#IFC#Nigeria
Zedvance Finance Limited (Zedvance) is expanding its commercial lending operations in Nigeria, targeting ₦250bn (US$180m) in business financing by 2026…
#invoice finance
The European Bank for Reconstruction and Development (EBRD) has made its first investment in Nigeria and its inaugural transaction in…
#trade finance
Nigeria’s informal economy makes up nearly 58 per cent of the country’s GDP, according to techcabal Insights, yet millions of…
#Hadi Finance#invoice finance#SME lending
The Nigerian Senate has moved forward with legislation aimed at improving access to finance for micro, small, and medium-sized enterprises…
#Bill#factoring#Factoring bill
Nigerian entrepreneurs, freelancers, and Small and Medium-sized Enterprises (SMEs) now have a streamlined path to navigate the digital tax ecosystem…
#Afri Invoice#digital#e-invoicing
On July 7, 2025, Ascensia Finance Company (Ascensia) officially launched its operations in Abuja, signaling a bold entry into Nigeria’s…
#Ascensia#Ascensia Finance Company#BNPL
BAS Group, a Nigerian investment company with a keen interest in underpenetrated markets, has taken a significant strategic step by…
#Abdulateef Hussein#Ahmad Shehu#Angel Onuoha
Finceptive Limited (Finceptive), a Nigerian a specialised working capital provider, has successfully raised NGN 3bn (US$1.9m) through its inaugural commercial…
#commercial paper#Finceptive#supply chain finance
The Nigerian Senate has taken a significant step towards improving the financial landscape for Micro, Small, and Medium Enterprises (MSMEs)…
#factoring#factoring legislation
The National Insurance Commission of Nigeria (NAICOM) has assured its support for the ongoing efforts to transform the Nigerian Factoring…
#factoring association#Hope Yogo#NAICOM
Waza, a B2B payment and liquidity provider for emerging market businesses, has secured US$8m in a combination of equity and…
#B2B payments#cross border payments#liquidity
British International Investment (BII), the UK’s development finance institution and impact investor, has pledged US$50m to Access Bank, one of…
#BII