The dispute between Ibadan-based B2B e-commerce startup Alerzo and fintech lender Moniepoint Microfinance Bank is fast becoming a defining test of how far Nigerian startups can stretch growth financed by debt rather than equity. At the centre of the standoff is a N5 billion loan approved in Janua
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Royal Ibeh is a senior journalist with years of experience reporting on Nigeria’s technology and health sectors. She currently covers the Technology and Health beats for BusinessDay newspaper, where she writes in-depth stories on digital innovation, telecom infrastructure, healthcare systems, and public health policies.

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