Business
Nigerian Digital Lender Lidya Shuts Down After Raising $16.45 Million
Nearly a decade after launching to provide quick, collateral-free loans for SMEs, Lidya, the Nigerian digital lender founded by ex-Jumia executives Tunde Kehinde and Ercin Eksin, has officially ceased operations due to severe financial distress.
The once-promising fintech, which expanded to Europe and raised over $16 million, faced months of internal turmoil, leadership exits, and customer complaints over frozen funds and failed transactions.(Nairametrics)
-
Politics22 hours ago2027: APC governors, Wike’s feud deepens
-
News17 hours ago
REVEALED: Sunrise promoter transferred $500,000 to Atiku’s wife during Mambilla negotiations in 2003 – Report
-
Politics20 hours ago
Cracks In Wike’s Rainbow Coalition
-
Politics22 hours ago
Toyin Abraham rejects inclusion in Lagos APC campaign council
-
Politics22 hours ago
I don’t tolerate godfathers so I won’t be one – Otti
-
News22 hours ago
NSCDC orders probe as illegal miners die in custody
-
News17 hours ago
Tinubu to address Nigerians Oct 1 as FG unveils low-key independence celebration
-
African News22 hours ago
S’Africa: Ninth woman found dead, Nigeria issues safety alert
