The Central Bank of Nigeria (CBN) reportedly imposed a fine of N1bn each on Moniepoint and OPay in the second quarter of 2024, in continuation of...
OPay and Kuda Microfinance Bank have resumed onboarding new customers. The fintechs in separate statements on Monday, announced that the Central Bank of Nigeria (CBN) has...
By Tumininu Ojelabi Hassan The growth of the Financial technology, Fintechs, with over 200 startups, is revolutionising the financial services industry. The sector raised about $440...
By AYOOLA OLAOLUWA Financial technology (Fintech) and e-payment platforms have continued to reap from the chaos caused by the shoddy implementation of the demonetization policy of...
By AYOOLA OLAOLUWA Nigeria’s neo-banks have continued to stumble, revealing deepening losses and getting hit with complaints from customers. When they stormed the nation’s financial landscape...
The Federal Competition and Consumers Protection Commission (FCCPC), has barred payment platforms such as Flutterwave, Opay, Paystack and Monify, including Mobile Network Operators, MNOs, in Nigeria...
By AYOOLA OLAOLUWA Despite the sharp drop in Foreign Direct Investments (FDIs) into Nigeria, startups in the country have remained attractive to foreign investors with its...
By OBINNA EZUGWU Financial technology and ride-hailing start-up, OPay has addressed concerns about it shutting down business in Nigeria, noting that although it is putting some...
By OBINNA EZUGWU They emerged on the scene a few years between each other, Max Okada (Max.ng), Gokada and more recent entrant, Oride were poised to...