Central Bank of Nigeria (CBN) has approved the upgrade of operating licences for major FinTech companies and Microfinance Banks (MFBs), including Opay, Moniepoint MFB, Kuda Bank,...
Nigeria’s leading financial technology companies are now collectively valued at about $10.6 billion as of January 2026, underscoring the country’s growing influence in Africa’s digital finance...
Paystack, the Nigerian fintech company backed by global payments giant Stripe, has made a strategic entry into the regulated banking space in Nigeria with the acquisition...
By Blaise Udunze By any standard, Nigeria’s ongoing bank recapitalisation exercise is one of the most consequential financial sector reforms since the 2004-2005 consolidation that shrank...
Senate on Thursday began debate on a bill seeking to amend the Banks and Other Financial Institutions Act (BOFIA) 2020 to empower the Central Bank of...
Economic and Financial Crimes Commission (EFCC) has warned that Nigeria’s fintech and Point-of-Sale (POS) networks are structurally vulnerable, with weak verification systems and inadequate oversight creating...
A powerful call for Africa to seize control of its digital future echoed through the hall at the 5th edition of the Africa Tech Alliance Forum...
Lagos State has reaffirmed its position as Africa’s leading technology and innovation hub following the successful hosting of the GITEX Nigeria Tech Expo, Future Economy Conference,...
Central Bank of Nigeria (CBN) has issued a directive mandating that all Point of Sale (PoS) terminals across the country be fitted with GPS tracking systems...
PalmPay, an African digital bank fintech, is in negotiations to fund between $50 million and $100 million in a Series B financing, according to people with...
