The Economic and Financial Crimes Commission (EFCC) recently raised concerns about the involvement of banks in approximately 70% of financial...
Month: March 2024
Nigerian Fintech startup Brasss has temporarily suspended some of its workforce, as part of a restructuring plan, to navigate the...
Nigerian authorities have imposed a $10 billion fine on global cryptocurrency exchange, Binance, amidst an ongoing government investigation into cryptocurrency...
As of December 2023, MTN Nigeria announced that its MoMo Payment Service Bank (PSB) platform had attracted 5.3 million active...
The Central Bank of Nigeria (CBN) has taken decisive action by revoking the licenses of 4,173 Bureaux De Change (BDC)...
British fintech company Revolut has expanded its service offerings by introducing the "Mobile Wallets" feature in Singapore, enabling direct money...
A report by Nigerian market intelligence firm Stears, which specializes in African investments revealed that Kenya has captured only 8%...
In a strategic alliance, payments giant Mastercard has partnered with MTN Group Fintech to enhance the expansion of the mobile...