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The Nigerian Senate has taken a significant step towards improving the financial landscape for Micro, Small, and Medium Enterprises (MSMEs) by passing the second reading of the Factoring Assignments and Receivables Financing Bill 2023. Sponsored by Senator Tokunbo Abiru, the...
#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
FIRST City Monument Bank (FCMB) has announced a US$15m Master Murabaha Agreement with the International Islamic Trade Finance Corporation (ITFC),…
#bank#forum#international
Demica, the fintech specialising in supply chain finance solutions, has announced the expansion of supply chain finance to Nigerian businesses,…
#supply chain finance
African Export-Import Bank (Afreximbank) has partnered with Sterling Bank to introduce the innovative supply chain finance product ‘Payables Finance’, in Nigeria.…
Duplo, a Nigerian-based B2B fintech said in a recent statement it has launched its Vendor Management Portal which helps businesses optimise their…
#accounts payable#cash-flow#invoice
eBiashara, a pioneering force in innovative fintech solutions, has announced its strategic partnership with FMDQ Group Nigeria, a leading financial private…
#liquidity#supply chain finance
Zuvy, a Nigerian based invoice financing fintech, has raised... (more…)
#digital lending
Fiducia, a Nigerian technology-leveraged supply chain financing platform, has rolled out the first-of-its-kind solution that will further drive the growth…
#Fiducia#supply chain finance
African Export-Import Bank (Afreximbank) has provided a US$10m trade finance... (more…)
#bank#Benedict Oramah#international
African Export-Import Bank (Afreximbank) has announced the enhancement of the financing facility... (more…)
#Fidelity Bank