Banks Alert Customers as FIRS Intensifies Enforcement of 10% Tax on Fixed-Income Interest
Nigerian banks have begun issuing fresh alerts to customers after the Federal Inland Revenue Service…
Category: Fintech
Nigeria Tops Africa’s Stablecoin Market with $22 Billion Transactions in One Year – Report
Nigeria has solidified its position as Africa’s largest stablecoin market, processing nearly $22 billion worth of…
Competition toughens as 9Mobile gets new owner
9Mobile has faced significant challenges since Etisalat Abu Dhabi exited the Nigerian market in 2017…
Nvidia Co-Founder Surpasses Walmart Waltons in Wealth
Jensen Huang, co-founder of Nvidia, has become a symbol of the booming tech industry’s growing…
Meta to Detect AI Tech Across Facebook and Instagram
Meta, the parent company of Facebook, announces its intention to roll out technology capable of…
FBN Holdings Reports N309bn Profit
FBN Holdings, in its Unaudited Consolidated Financial Statements for the period ended December 31, 2023,…
Risevest Acquires Digital Trading Startup Chaka in Strategic Deal
Fintech startup Risevest has completed the acquisition of digital trading startup Chaka, a deal that…
Kotani Pay Raises $2M to Facilitate Cross-Border Remittances in Africa Using Blockchain
Nairobi-based Kotani Pay has raised $2 million in a pre-seed funding round led by P1…
Kenyan Fintech Zanifu Bags $11.2M in Pre-Series A Round to Supercharge MSMEs with Inventory Credit Revolution
In a groundbreaking stride, Kenyan fintech powerhouse Zanifu has clinched a monumental $11.2 million in…
Moniepoint Receives Regulatory Approval for Acquisition of Kopo Kopo to Expand Services in Kenya
The Competition Authority of Kenya (CA) has granted regulatory approval to Moniepoint Inc. for its…
CBN’s Efforts Bring Hope for Resolution of Telcos’ USSD Debt Dispute
After a prolonged dispute between Mobile Network Operators (MNOs) and Deposit Money Banks (DMBs) over…
African Mobility Fintech Moove Raises $76 Million to Expand Vehicle Financing Services
Nigerian mobility fintech company Moove has secured $76 million in funding to expand its vehicle…
Super Central Bank Week Pressures Crypto Market.
Following its last six significant rate increases in 2022, the US Federal Open Market Committee…
Binance Fined $3.4 Million In The Netherlands For Lack Of Registration
The Dutch central bank fined Binance for offering services without proper registration, underscoring the company’s…
Two Nigerian Fintech Executives Convicted For Breaching US Anti-Money Laundering Rules
Two fintech executives and a manager at a US-based money transfer company have been sentenced…