Moniepoint secures $10M from Swedfund, expanding its fintech mission to empower Nigerian MSMEs.
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The Unintended Demise of Microfinance? How Mobile Money Loans in Nigeria Are Failing Small Businesses
A growing number of Nigerians are turning to mobile money platforms for quick loans, driven not by business ambition but…
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Redtech Crosses ₦12 Trillion in Transactions, Targets Pan-African Growth to Attract Global Fintech Investors
Redtech, a rapidly growing Nigerian fintech company backed by Heirs Holdings, processed over ₦12 trillion (approximately 10 billion US dollars)…
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MTN’s Fintech Revenue Soars 57% on Surge in Airtime Lending
MTN Nigeria recorded a 57% year-on-year increase in its fintech revenue for Q1 2025, powered largely by robust growth in…
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CBN Slaps ₦250 Million Fine on Paystack Amid Intensified Financial Regulation in Nigeria
Nigeria’s Central Bank (CBN) has imposed a ₦250 million fine on Paystack, a leading payment processing company, in what is…
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Nigeria Leads Africa’s Digital Payments Surge as Transactions Hit N1.07 Quadrillion in 2024
In 2024, Nigeria firmly cemented its position as Africa’s leading digital payments powerhouse, with electronic transactions soaring to an unprecedented…
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Federal Government Lifts Ban on Crypto Transactions with Stringent Guidelines
In a significant policy shift, the Federal Government of Nigeria has announced the lifting of the ban on cryptocurrency transactions,…
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Towards a Digital Monetary Society
The advancement of technology has revolutionized the way we live, work and interact with each other. The digital economy is…
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