Leading fintech company PalmPay has rewarded thousands of its point of sale (POS) agents under its agency banking platform with N200 million worth of cashback in...
Ahead of the January 31, 2024 deadline by the Central Bank of Nigeria (CBN) for existing users of fintech companies to upgrade their wallets, leading fintech...
Foreign Direct Investments into Nigeria declined by $470.8m in the last five years, findings have shown. This followed analyses of different Capital Importation reports published by...
As the holiday shopping frenzy reaches a crescendo ahead of December 25th, many shoppers will struggle to find retail outlets that offer “the best shopping experience,”...
Diaspora remittance inflows from Nigerians living in other countries around the world amounted to $125.169 billion in the six-year period spanning 2016 to 2021. This is...
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...