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BAS Group Acquires Zuvy to Expand SME Lending in Nigeria
BAS Group, a Nigerian investment firm with interests in healthcare, micro-insurance, and financial services, has acquired a controlling stake in Lagos-based fintech startup Zuvy Technologies. This strategic move strengthens BAS’s push into Nigeria’s underserved small business finance sector—one plagued by a staggering $236 billion credit shortfall. Though the financial terms...
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