The National Information Technology Development Agency (NITDA) has selected approximately 30 startups from more than 1,388 applications to participate in its Builders Festival, ...

The growing adoption of virtual assets presents an opportunity to expand the capabilities of traditional financial systems, but effective integration will depend on ...

Stanbic IBTC Bank has launched a cross-border payment platform that enables Nigerian businesses to initiate transactions in naira and settle directly in Chinese ...

Zedvance Finance Limited has introduced ExtraCash, a new credit solution designed to help Nigerians access additional financing for personal expenses, business needs and ...

The Federal Government has cleared a 21-month backlog in the funding of accrued pension rights for enrolled federal employees, moving to a 41-month ...

Kenyan-headquartered fintech company Yiksi has secured regulatory authorisation in South Africa, marking a significant step in its plans to expand its digital financial ...

The Bank of Ghana (BoG) has introduced new regulatory requirements for major payment operators, requiring designated firms to obtain approval before making significant ...

The Nigeria Deposit Insurance Corporation (NDIC) has raised concerns over the refusal of some borrowers from failed banks to repay outstanding loans, accusing ...

The Central Bank of Nigeria (CBN) reduced its liquidity withdrawal through Open Market Operations (OMO) in October, allowing more funds to remain within ...

The National Information Technology Development Agency (NITDA) has pledged to support banks, fintech companies and payment service providers in meeting Nigeria’s data localisation ...