Abuja Court Joins Moniepoint in N21 Billion Fraud Case Involving EFCC, POS Merchants
Abuja court joins Moniepoint in N21B fraud case linked to Providus Bank POS glitch, EFCC,…
Abuja Court Joins Moniepoint in N21 Billion Fraud Case Involving EFCC, POS Merchants
Abuja court joins Moniepoint in N21B fraud case linked to Providus Bank POS glitch, EFCC,…
Google Tightens Rules for Crypto Apps on Play Store, Custodial Wallets Need Licenses
Google now requires custodial wallets and crypto exchanges to hold official licenses in key regions,…
Zap Africa Threatens Legal Action Against Paystack Over “Zap” Trademark Dispute
Zap Africa, a cryptocurrency exchange facilitating Naira conversions, has threatened legal action against Paystack over…
Africa Pilots Currency Platform to Reduce Dollar Dependence
The Pan-African Payment and Settlement System (PAPSS), backed by 15 central banks, is piloting the…
Posted inEvents Fintech General News
SA Competition Commission Pushes Google, Meta to Pay Local Media
South Africa’s Competition Commission is pushing global tech firms like Google, Meta, and X to…
Posted inEconomy Fintech Technology
Nigeria’s Fintech Sector Thrives Amid Challenges
Kenya overtook Nigeria as Africa's top destination for startup funding, attracting $800 million compared to…
Posted inCrypto Fintech NEWS Technology
Zanzibar creates blockchain sandbox to assist tech startups
Zanzibar has established a blockchain sandbox program called the National Blockchain Sandbox, which allows startups…
Top Nigerian Banks with the Lowest Lending Rates
For the manufacturing industry to thrive effectively, they rely on aid from financial institutions. Loan…
Fidelity and MasterCard Partners to Launch Fidelity Send
Fidelity Bank Plc, a prominent bank in Nigeria, and Mastercard have teamed up to introduce…
Nigerian Banks to Deduct N50 on Transfer Inflows Above N10,000
In compliance with the instructions of the Federal Inland Revenue Service (FIRS), fintech establishments have…
Posted inFintech NEWS Technology
Mastercard to Move from Credit Card Numbers to Tokenization and Biometric Authentication.
In a bid to simplify payments, Mastercard moves to tokenization and biometric authentication to eliminate…
CBN approves the merge of Unity Bank Plc with Providus Bank Limited
Unity Bank Plc notified the Nigerian Exchange Limited (NGX), shareholders, and other stakeholders that the…
Posted inFintech NEWS Regulations Stablecoins
African Stablecoin Consortium Makes a U-turn On cNGN Launch To Seek Central Bank Approval
This comes a few days after there were reports that it will be launching the…
Posted inFintech
Paypal, Visa, Interswitch, Mastercard CEO Recognized Among 2023 CEO.
The Financial Technology Report, a global media authority in the fintech industry, has recognised the…
Posted inFintech
FintechNGR Pushes For Digital Inclusion, Innovation.
The Fintech Association of Nigeria (FintechNGR) has advocated digital inclusion, innovation and growth within and…
Posted inFintech
Nigerian Fintech Company Faces Internal Hack, Loses $214,000.
Fintech startup, backed by Techstars, Glade, was the victim of an internal breach. Two sources…
Posted inFintech
Nigerian Banks Record N96 Billion On Their Fintech Ventures.
Nigerian banks report remarkable revenue growth in Q1 2023, with ₦96.483 billion ($122,694,806) generated from…
Posted inFintech
Africa’s Fintech Investment Drops By 17% In Q1 2023.
According to the latest report from Fintech Global,investments in the African continent declined year-on-year by…
Posted inFintech
Visa Launches $1 Billion Fintech Accelerator Programme For Africa.
Visa set to invest $1 billion In Africa's fintech startups in order to get the…
Posted inFintech
Africa Set To Move Forward As Leading Fintech Region With New Technologies.
Latest research report from the Global Fintech 2023 by the Boston Consulting Group and QED…
eNaira: 98.5% Of Wallet Unused, IMF Says Adoption Is Low
The International Monetary Fund (IMF) says 98.5 percent of eNaira wallets have not been used…
Posted inFintech
40% Of African Banks And Telecoms Are Threatened By The Growth Of Fintechs: Report.
In the latest African Banker annual report, of the 153 banks that were surveyed about…
Posted inFintech Technology
Tanzania Plans To Link 8 Million Tanzanians To Broadband Including Mobile Network Operators.
The Tanzanian government, supported by the World Bank, has partnered with a number of mobile…
Posted inFintech
Visa Announces Global Competition For Fintechs In Nigeria.
Applications are now open in Nigeria for the 2023 edition of the Visa Everywhere Initiative…