Despite billions of electronic transactions, Nigeria’s fintech future depends on building strong local capital markets, TOYE FALEYE reports Nigeria’s fintech sector, once seen as one of Africa’s fastest-growing innovation hubs, …
DigitalPayments
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ATM Withdrawals Hit ₦36.34trn in H1 2025 as Transactions Surge 276% in Volume, 581% in Value over 5 Years Lagos: The Central Bank of Nigeria (CBN) has urged a balanced …
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Lagos: The Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement System Plc (NIBSS) have advised financial institutions to strengthen collaboration to sustain recent declines in electronic fraud and …
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A Litmus Test for Nigeria’s Digital Economy The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have jointly introduced a refund framework to address failed airtime and …
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Lagos, Nigeria: Moniepoint Incorporated, one of Nigeria’s leading fintech platforms, has secured a landmark funding of ₦260 billion ($200 million), marking a significant leap in its mission to deepen financial …
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Business & Economy
FirstBank Unveils FirstMonie Merchant Solution to Revolutionise Digital Payments in Nigeria
Lagos, Nigeria: FirstBank has officially launched its FirstMonie Merchant Solution, a cutting-edge platform designed to transform how businesses across Nigeria accept and manage digital payments with efficiency and ease. The …
