The currency of Nigeria, which has recently shown signs of appreciation against the dollar.
Onafriq shuts down its Nigerian agent banking business after five years
Onafriq is closing its Baxi agent banking business in Nigeria after five years. The decision is attributed to inflation, naira depreciation, and rising operating costs.
SpaceTrade Wants to Make Spending Crypto as Seamless as Spending Naira
SpaceTrade aims to simplify the transition from holding cryptocurrency to using it for everyday transactions. The platform allows users to sell cryptocurrencies and gift cards for naira.
BitShop App Delivers Fast Crypto-to-Naira Exchange and Seamless Bill Payments
BitShop 2.0 combines crypto exchange, naira transfers, bill payments, and giftcard services in one app. The app features a refreshed interface designed for speed and ease of use.
Day 1-1000: How GetEquity found profit in the venture drought
GetEquity launched in 2021 and quickly filled a $50,000 startup round in under an hour. The company faced a significant downturn in 2023 due to naira devaluation and a freeze in venture capital.
Yesa Announces the Launch of Its Real-Time Payments and Crypto Trading Platform in Nigeria
Unreliable transactions plague the fintech industry in West Africa, causing delays and failures in payments. Yesa has been launched nationwide in Nigeria to provide a reliable crypto trading and payment platform.
