Business

Forex turnover falls to lowest in three months

The exchange rate between the naira and the US dollar closed at N416.33/$1 at the official Investors and Exporters (I&E) window. Naira depreciated against the US dollar during the weekend with a 0.06% fall to close at N416.33/$1 compared to…

Cassava’s $4m fund targets accessible insurance for 4m Nigerians

Casava Nigeria’s first 100% digital insurance company has secured $4 million in pre-seed funding to provide affordable and accessible insurance products for millions of Nigerians. Starting with income protection and health insurance, the insurtech startup is leveraging artificial intelligence and behavioural science…