Innovation
Nigeria: CBN Strengthens Youth Empowerment Through Credit Access and Capacity Building
The Central Bank of Nigeria (CBN) is reinforcing its commitment to youth empowerment by expanding access to credit and strengthening capacity-building initiatives. Under ...
Africa
Nigeria, Other African Nations to See Digital Payments Surge to $1.5 Trillion by 2030 – Report
Nigeria and other African countries are on track to witness digital payments soar to $1.5 trillion by 2030, propelled by increasing internet penetration ...
Fintech
Nigeria: Paystack Expands into Consumer Payments with Zap, a Fast Transfer App
After nearly a decade of revolutionizing online payments for businesses, Paystack is making a bold move into the consumer payments space with Zap, ...
Nigeria
Nigeria: FG Cracks Down on Fake NIN Card Operators, Unveils Plans for Secure Multi-Purpose ID
The Federal Government has launched a crackdown on individuals and organizations illegally printing National Identification Number (NIN) cards, warning that offenders will face ...
Kenya
Kenyan Court Dismisses Lawsuit Alleging Safaricom Stole “Reverse Call” Concept
A Nairobi court has ruled in favor of Safaricom, dismissing a lawsuit filed by Davidson Ivusa, a Kenyan innovator who accused the telecom ...
Fintech
Nigeria’s NIBSS and Ceva Compete for Kenya’s Fast Payment System Project
Nigeria’s Interbank Settlement System (NIBSS) and Kenyan payment solutions provider Ceva Limited are actively lobbying Kenyan President William Ruto to secure the contract ...
Innovation
Nigeria Leads Global Shift Toward Digital Payments as Cash Usage Declines
According to a new report by Worldpay, Nigeria has emerged as the global frontrunner in reducing cash dependency, driven by the widespread adoption ...
Innovation
Nigeria Unveils $40M Fund to Accelerate Startup Growth Amid Declining Investment
Nigeria, recognized as a leading hub for Africa’s technology ecosystem, is taking strategic steps to support early-stage startups as the sector faces a ...
Fintech
Nigeria Accelerates Shift to Digital Payments as Cash Transactions Decline by 32% by 2030 – WorldPay Report
Nigeria is experiencing a rapid transition toward digital payments, with cash transactions expected to decrease by 32% by 2030, according to WorldPay’s Global ...
Nigeria
Nigeria: Edun and Cardoso Strengthen Fiscal-Monetary Policy Synergy for Economic Stability
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), ...