Enobong Essien, the Lawyer Fighting Economic and Financial Crimes in Nigeria
Enobong Essien is a lawyer with the Economic and Financial Crimes Commission (EFCC), dedicated to upholding law and justice as both a prosecutor and an Anti-Money Laundering Reporting Officer. As a member of the CFE Exam Development Committee at ACFE, she plays a key role in shaping the future of
10 Startup Investment Mistakes to Avoid This Year
Securing the right investment is critical for your startup’s survival and growth. Yet even the savviest founders and investors can fall prey to common pitfalls. In this post, we dive deep into the most frequent startup investment mistakes to avoid, why they happen, and how you can protect your capital
Nigeria launches its first compliant stablecoin, cNGN
Nigeria launches its first compliant stablecoin, cNGN, marking a significant milestone in the nation’s financial sector. Developed by the Africa Stablecoin Consortium (ASC), cNGN is pegged 1:1 to the Nigerian naira and is now available on licensed digital asset exchanges such as Busha and Quidax. This initiative is expected to
40 African startups raised $289m in January 2025
The year is off to a bullish start for the African startup space as 40 African startups raised $289m in January 2025, a 240% increase from the $85 million recorded in January 2024. According to new data from Africa: The Big Deal, this was the highest amount raised in January since
10 Startup Mistakes to Avoid Before You Launch
Every startup begins with an idea—but turning that idea into a thriving business demands more than enthusiasm. It requires a clear strategy, an understanding of the market, and the ability to anticipate and avoid common pitfalls. Research shows that a significant percentage of startups fail due to avoidable mistakes rather
How Adedayo Adegoke is Helping Students Stay in School with Affordable Financing
Adedayo Adegoke is the founder/CEO of Payskul, a digital platform that helps Parents and Students flexibly access low interest rates to pay tuition fees, books, uniforms, excursions amongst other school related financial demands. He has worked with key frontend, backend and UI/UX developers to build a seamless E-Logistics Platform which
Late Stage Tech Startups Revenues: Strategies, Models, and Growth Metrics
As early-stage ventures mature, they transition into “late stage” companies—businesses that have not only proven their product-market fit but have also built substantial revenue streams. For these startups, revenue isn’t just a vanity metric; it’s the lifeblood that fuels expansion, scaling, and ultimately, successful exits or IPOs. In this post,
What is Guaranteed or Secured Revenue for a Startup
In business, cash flow is the lifeblood that keeps the business running. Unlike established companies with stable income streams, startups often face uncertainty in revenue generation. One way to overcome this hurdle is by building a portfolio of guaranteed or secured revenue—a set of reliable, predictable income sources that can
How to Value a Pre Revenue Startup
In the startup space, determining the value of a company that hasn’t yet generated revenue can seem like a mystery. Yet, for both founders and potential investors, understanding how to value a pre revenue startup is critical for securing funding, establishing credibility, and charting future growth. So in this article,
NIBSS enhances NQR payment system to drive Nigeria’s cashless economy
Nigeria Inter-Bank Settlement System (NIBSS) enhances Nigeria Quick Response (NQR) payment system to drive Nigeria’s cashless economy, strengthening Nigeria’s push toward a cashless economy. The upgrade aims to make digital transactions more seamless, secure, and widely accessible for businesses and everyday users. The system now supports both Person-to-Person (P2P) and
