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
Rapid Rise in Africa’s digital commerce market
The report, titled “Beyond Borders: Digital Payments and Commerce,” reveals that Africa is experiencing the fastest digital commerce growth globally,
Heritage Bank’s Demise
Nigeria’s banking sector was rocked last week by the Central Bank of Nigeria’s (CBN) decision to revoke the operating license
Aftermath of Heritage Bank Closure
The sudden revocation of Heritage Bank’s license sent shockwaves not only through the financial sector but also through the lives
Empty wallets, empty bellies Food inflation grips Nigerians
Food prices in Nigeria have risen by 40.53%, the highest in nearly 30 years. This has made life harder for
The War Against Multichoice
In a landmark decision, a Nigerian tribunal has ruled in favor of a customer, Ms. Onifade, in a case against
Prospa in Hot Water
Prospa, the Y Combinator-backed fintech darling promising a one-stop shop for business finances, is facing a mounting crisis. Customers, particularly
Brass Goes Lean
The news of Paystack leading a consortium to acquire Brass, the Nigerian business banking startup, was initially met with cheers.