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), ...
Fintech
Baobab Nigeria Acquisition Yields 3x Return for Alitheia and Goodwell Investments
Baobab, a global financial services group managing over $900 million in its loan portfolio, has fully acquired its Nigerian subsidiary, Baobab Nigeria. This ...
Fintech
Nigeria: First Bank Disburses ₦700 Billion to SMEs in 2024, Plans Multi-Trillion Naira Investment by 2025
First Bank of Nigeria Limited has reaffirmed its commitment to small businesses, announcing plans to invest trillions of Naira in the sector by ...
Fintech
Visa Inc. to Launch Data Centre in Nigeria, Strengthening Digital Economy
Visa Inc. has announced plans to establish a data centre in Nigeria as part of its expanding investment in the country. The announcement ...
Fintech
Nigeria: Quidax Expands cNGN Stablecoin Adoption Amid Nigeria’s Evolving Crypto Regulations
Nigerian cryptocurrency exchange Quidax has integrated support for cNGN, the country’s first regulated stablecoin pegged to the naira. This development, following Busha’s earlier ...
News
IHS Towers Expands Market Leadership with Renewed Airtel, MTN Contracts
IHS Towers has reinforced its position as a leading telecom infrastructure provider in Africa, securing long-term contract renewals with MTN and Airtel Nigeria. ...