Fintech
Nigeria Attracts $5bn in New Investments, Manufacturing and Fintech Lead Growth at Lagos Trade Fair
Nigeria has secured over $5 billion in new investments across manufacturing, fintech, and energy sectors, signaling renewed investor confidence in the country’s economic...
CBN Issues Stern Warning on Sanctions Compliance, Threatens Enforcement
The Central Bank of Nigeria (CBN) has delivered a firm directive to all banks, payment service banks, and fintech companies operating within the...
African Venture Capital Secures $3.6 Billion Amidst Global Downturn
Despite a challenging global economic climate, the African venture capital landscape has demonstrated resilience, securing $3.6 billion in funding in 2024, according to...
UBA Upgrades PoS Terminals and UBA MONI App, Enhances Digital Payment Solutions
United Bank for Africa (UBA), a leading pan-African financial institution, has unveiled significant upgrades to its Point of Sale (PoS) terminals and its...
SEC Warns Against Unregistered Crypto Platforms Amid CBEX Concerns
The Securities and Exchange Commission (SEC) has issued a stark warning to Nigerian investors, cautioning against the use of unregistered digital asset trading...
Nigeria Eyes Crypto Boom: SEC, GIA Partner to Attract Youth, Diaspora Investors
Nigeria is actively pursuing the expansion of its digital asset market. The Securities and Exchange Commission (SEC) has announced a strategic partnership with...
Mobile Money Surge: Nigeria’s Transactions Reach ₦1.68 Trillion Annually
Nigeria’s mobile money sector has witnessed a remarkable surge, with transaction values reaching a staggering ₦1.68 trillion within a single year. This explosive...
AI Revolution: Remita Report Urges Nigerian Fintechs to Embrace Transformation
Artificial Intelligence (AI) is rapidly reshaping the financial technology landscape, offering unprecedented opportunities for efficiency, innovation, and enhanced fraud management. As the sector...
African Startup Funding Plummets in March 2025, Sparking Investor Concerns
A sharp decline in African startup funding in March 2025 has triggered concerns about the continent’s investment landscape, according to a recent report...