By Mark Dankworth, While cash and mobile money remain the dominant payment methods in Africa, they come with significant challenges. Cash is inefficient, insecure, and expensive,...
Mr Niyi Toluwalope, Chief Executive Officer (CEO) of eTranzact, an electronic and mobile payment solution company, says the Nigerian Payment System is among the best in...
Securities and Exchange Commission (SEC) has blacklisted six online trading platforms in its latest crackdown on illegal and unregistered firms purporting to offer investment and finance...
Central Bank of Nigeria (CBN) has said that only 57.4 million out of over 200 million Nigerians have Bank Verification Number (BVN). The apex bank had...
Nomba, a payment service provider for African businesses, has raised a $30 million Pre-Series B funding round to support the delivery of bespoke payment solutions for...
The African Development Bank, has signed a $525,000 grant agreement with Africa Fintech Network (AFN) for the setup of the Africa Fintech Hub, an online portal...
The latest report by cybersecurity firm Kaspersky has painted a grim picture of Nigeria’s digital payments ecosystem, revealing 37% of respondents in its study suffered financial...
The Securities and Exchange Commission (SEC) has approved and issued a license to Lancelot Fund and Portfolio Management Limited to commence full operations as a fund...
Deposit money banks borrowed N1.3 trillion over three days from the Central Bank of Nigeria’s (CBN) standing lending facility to meet their short-term liquidity needs, according...
Leadway Assurance said it detected a potential threat to its network and promptly deployed mitigation measures and that its r preliminary investigation into this criminal intrusion...