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...
Nigeria has plans to launch a $40 million fund to support early-stage tech startups, aiming to strengthen the country’s entrepreneurial ecosystem and reduce young companies’ reliance...
House of Representatives has urged the closure of illegal loan platforms used by “one chance” operatives to extort money from unsuspecting victims. This decision followed a...
Federal government has commenced N50 electronic levy deductions from transactions of N10,000 and above made by users of financial technology (Fintech) companies, including Opay, Moniepoint, Kuda,...
Moniepoint, a Nigerian cash-transfer startup, raised $110 million in an equity sale to expand in home market and across Africa, Tosin Eniolorunda, founder and chief executive...
