News
Nigeria’s stablecoin growth attracts Bitget Wallet expansion
Nigeria’s growing stablecoin market is attracting deeper investment from digital asset platforms, with Bitget Wallet expanding its direct bank transfer services to make ...
Africa
Africa: PAPSS targets full African coverage as cross-border transactions surge
The Pan-African Payment and Settlement System (PAPSS) is targeting full continental coverage within the next five years as it moves into a new ...
Nigeria
Nigeria: NAICOM shifts focus to insurance penetration after recapitalisation
Nigeria’s insurance regulator has shifted its attention from strengthening insurers’ capital base to expanding market penetration, following the completion of the industry’s recapitalisation ...
Africa
African businesses lose billions to costly cross-border payments
African businesses operating across borders continue to face significant financial and operational costs from opaque foreign exchange spreads, lengthy correspondent banking processes and ...
Nigeria
Nigeria: Liquidity tightening pushes Nigeria’s overnight rate to 22.20%
Nigeria’s overnight lending rate rose marginally as tighter liquidity conditions followed recent Central Bank of Nigeria (CBN) treasury bills transactions that drained funds ...
Ghana
Ghana: MoMAG urges MoMo agents to diversify as digital payments reshape Ghana’s financial sector
The Mobile Money Advocacy Group Ghana (MoMAG) has urged Mobile Money (MoMo) agents across the country to diversify their businesses as technological innovation ...
Nigeria
Nigeria: FCMB receives ISACA award for contributions to digital trust and cybersecurity
First City Monument Bank (FCMB) has been recognised by the Lagos Chapter of the Information Systems Audit and Control Association (ISACA) for its ...
News
Nigeria: Financial sector growth slows to 9.29% despite N5.3tn recapitalisation
Growth in Nigeria’s banking and insurance sectors slowed to 9.29 per cent in real terms in the second quarter of 2026, despite more ...
Fintech
Nigeria: OPay reaffirms commitment to financial inclusion amid misinformation
OPay has reaffirmed that it remains fully operational in Nigeria and has no plans to suspend or discontinue its services, following the circulation ...
Fintech
Nigeria: Nomba raises $3m debt facility to expand Africa–Asia payment corridors
Nomba, a Nigerian fintech providing payment collection and banking services to businesses, has secured a $3 million debt facility from CardinalStone Finance Company ...