After touching one of the lowest levels in recent times last Friday, the Nigerian Naira opened the week with a 21.4 per cent or N256.76 gain...
By PalmPay Team One of the factors limiting financial inclusion among the unbanked is the perception that banks are not safe to store money. This concern...
Banks have been asked to disconnect Switches, Payment Solution Service Providers, and Super Agents from the Nigeria Inter-Bank Settlement System Instant Payment (NIP) Outwards System. The...
Leading fintech company, PalmPay, is rewarding its users for their saving habits in a new savings promotion geared towards driving financial literacy. The savings challenge will...
Ecobank, the leading pan-African banking group, and the African Guarantee Fund (AGF), a specialized pan-African guarantee provider, have joined forces in a groundbreaking $200 million risk-sharing...
The Central Bank of Nigeria (CBN) has stated that the old N200, N500, and N1,000 banknote designs will continue to remain legal tender, ad infinitum. The...
PalmPay, a leading Africa-focused fintech platform, has said that the future of money is now; therefore, the company has put in place adequate infrastructure, and the...
As Maida gets inducted into Hall of Fame Nigerian Communications Commission (NCC) has said effective application of Information and Communication Technology (ICT) is critical in combating...
The Executive Vice Chairman and Chief Executive officer (EVC/CEO) of the Nigeria Communications Commission (NCC), Dr. Aminu Maida, has described the Financial Technology (FinTech) industry as...
As the industry media body, the Nigeria Information Technology Reporters Association (NITRA), prepares for its stakeholders engagement event, the NITRA FINANCIAL TECHNOLOGY (FINTECH) FORUM 2023, Nigeria’s...
The African Development Bank Group (AfDB) and the African Guarantee Fund have commenced a $5 billion financing series for women-led small and medium enterprises in the...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to commence a Fraud Awareness Week – an initiative aimed at empowering customers with knowledge...
The Central Bank of Nigeria (CBN) has debunked the notion that it digital currency, eNaira, constitutes threats to the financial stability of the country. CBN’s spokesman,...
By CSL Research Team According to the National Bureau of Statistics (NBS), total foreign capital importation into Nigeria in Q2 2023 was $1.03 billion, lower than...
By FBNQuest Research Team According to the most recent monthly economic report by the Central Bank of Nigeria (CBN), the federal government of Nigeria (FGN) recorded...
First Bank of Nigeria Holdings (FBNH) Plc has applied to the Nigerian Exchange Limited (NGX) for the approval and listing of the rights issue of 8.97...
To reduce the financial-underserved, unserved population To provide 1,000 jobs to Nigerians As Royal fathers endorse Kayi’s financial solutions A week after its national launch in...
HIGHLIGHTS Kayi App to unveil era of banking without limits Kayi App aims to empower Africans Kayi will not leave Africa’s unbanked and underbanked population behind...
By Nathaniel Nyika, Chief Investment Officer at Norsad Capital Small and medium-sized enterprises (SMEs) are the beating heart of Africa’s economies. According to the World Economic...
Total cash in circulation held by Nigerians and in the vaults of deposit money banks in the country stood at N2.7 trillion as of the end...