MTN Nigeria Bars Thousands of Subscribers Over NIN Linkage Non-compliance
On Sunday, MTN Nigeria, the country’s largest telecommunications operator, barred the lines of thousands of subscribers who had yet to […]
African Fintechs Step Up to Fill the Void Left by Mercury’s Exit
Following Mercury’s sudden compliance changes on Monday, which will result in the closure of accounts for users in thirteen African
Mercury to Shut Down Accounts for African Startups Amid New Eligibility Rules
Mercury, the San Francisco-based digital bank that has been a favored banking partner for African startups following the collapse
Sterling Financial Holdings to Raise ₦200 Billion Through Rights Issue
Sterling Financial Holdings Company has announced plans to seek shareholder approval for a ₦200 billion rights issue at its general
Brass Goes Lean
Brass business banking fintech The news of Paystack leading a consortium to acquire Brass, the Nigerian business banking startup,
Regxta Wins Pitch2Win 2024A
The Nigerian startup ecosystem witnessed a night of innovation and passion at the fourth edition of the Pitch2Win competition.
Nationwide Strike in Nigeria: NLC, TUC, ASUU, and Others Cripple Activity
Cause of the Strike: On June 3rd, 2024, a nationwide indefinite strike action crippled Nigeria. Organized by a powerful coalition
Nigerian Fintechs Resume User Growth After Regulatory Pause
Leading Nigerian fintechs, such as Kuda Bank, Moniepoint, OPay, and Palmpay, have resumed customer enrollment activities after a suspension period.
Kenya Maintains Interest Rates to Ensure Economic Stability
The Central Bank of Kenya (CBK) has opted to maintain the interest rate at 13%, aiming to solidify recent economic