PalmPay, an African-focused fintech company, has underscored the need for founders within the fintech ecosystem to boost investors’ confidence to drive more investment across the continent,...
According to the report by Expert Market Research (EMR), the global mobile banking market is projected to grow at a CAGR of 13.4% between 2024 and...
Taxes paid by Nigerians involved in the wholesale and retail trade, as well as the repair of motor vehicles and motorcycles, surged by 49% in the...
Heirs Insurance Group(HIG), comprising of Heirs Life Assurance (HLA), Heirs General Insurance (HGI) and Heirs Insurance Brokers (HIB), recorded a 59.30% increase in Gross Written Premium...
The Central Bank of Nigeria (CBN) will implement electronic foreign exchange matching systems (EFEMs) for foreign exchange transactions in the Nigerian foreign exchange market on December...
PalmPay, a leading emerging markets-focused fintech, marked the 5th anniversary of its operations in Nigeria at a celebratory event held in Lagos. During the event, Palmpay...
PalmPay, a premier Africa-focused payment platform, is celebrating its fifth anniversary in the Nigerian market growing its customer base to 35 million within the period. As...
All is set for the second edition of Guinea Fintech Week scheduled for October 23-24, 2024 in Conakry to stimulate dialogues and chart the way forward...
The Nigeria Inter-Bank Settlement System (NIBSS) says instant payments increased to N89.50 trillion in July 2024. Instant payment is an account-based, real-time electronic funds transfer (EFT)...
The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has raised the benchmark interest rate in the country by 50 basis points to 27.25%, the...
The supply of the Dollar and other currencies increased by 117% at the foreign exchange market as the Naira strengthened on Friday. Data obtained from FMDQ...
Americans were duped out of more than $5.6 billion last year through fraud schemes involving cryptocurrency, the FBI said in a report released Monday that shows a 45%...
Chpter, a Kenyan e-commerce startup launched by co-founders of YC-backed Marketforce, has raised $1.2 million in a pre-seed round and will use the new funding to...
Just before you complete your payment, have you taken the time to look at your payment options? If you have not, this is for you! In...
The Central Bank of Nigeria (CBN) on has announced plan to issue N2.20 trillion in treasury bills during the fourth quarter (Q4) of 2024, matching the...
The foreign exchange turnover in July stood at $7.39 billion at the official trading window for the Nigerian currency in July. The July figure which is...
Following investigations into violations of Nigeria Data Protection Act, 2023 and the Nigeria Data Protection Regulation, 2019, Nigeria Data Protection Commission (NDPC) has fined Fidelity Bank...
About 700,000 manufacturers and micro, small and medium enterprises have expressed intention to become beneficiaries of the Federal Government’s N150bn loan to help businesses in Nigeria...
A leading Africa-focused fintech platform, PalmPay, has called for collaboration and innovation among banks and fintechs to drive financial inclusion at the last mile. The call...
The Central Bank of Nigeria (CBN) has granted regulatory approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank...