According to a new report released by Enhancing Financial Innovation and Access (EFInA), more Nigerians are embracing financial services, with positive impact on lending and the economy.
Coming to Nigeria, the story is not the same. The first mobile money service in Nigeria dates back to 2009. Since then, a dozen new mobile money service providers have emerged with Paga currently, topping the list.
Humanity is facing a great problem during this period, a threat that does not discriminate by race, academic and political background.
Blockchain4Covid19 is out to help combat the coronavirus pandemic
While many fintech startups are emerging in Nigeria, banks and financial institutions are re-positioning to maintain their stronghold. Moreso, crypto companies are emerging to provide user-friendly products to their customers.
GTBank, the largest digital banking service provider in Nigeria is considering to restructure as a holdings company. The bank's CEO, Segun Agbaje, disclosed the plan during the bank’s earnings call for the fourth quarter of 2019.
Bitrefill is a mobile recharge and giftcards market platform that allows the purchase of giftcards using top cryptocurrencies like bitcoin, ethereum, dash, litecoin and dogecoin.