The expansion of the Electronic Money Transfer Levy (EMTL) to transactions on fintech platforms has propelled the Federal Government’s revenue from this source to N31.2 billion in December 2024, marking the highest monthly record to date. According to the revenue-sharing…
Introduction In the rapidly evolving world of fintech, Safex Africa is carving out a significant niche as a leading gift card trading platform in Nigeria. Founded in January 2023, Safex Africa has already achieved remarkable milestones, completing over ¦ 1…
By Matthew Denis The Securities and Exchange Commission has restated its commitment to investors’ protection, especially with the increasing use of Fintech. Speaking at the one-day capacity training for financial journalists in Abuja, the Director General of the SEC, Dr.…
FirstBank Group, one of Nigeria’s leading commercial banks, has reaffirmed its commitment to advancing fintech innovation by awarding N29.5 million to 10 exceptional startups at its First Bank Fintech Summit 6.0, themed Banking on Partnerships. NearSwipe Limited, a fintech startup…
The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa has called for increased collaboration among key players in the Fintech ecosystem to enhance financial literacy and promote financial inclusion for all citizens. The DG made this…
Managing Director, PalmPay Nigeria, Chika Nwosu has urged players in Afeica’s fintch space to avoid focusing on oke market. The Palmpay MD made this known at the recently concluded 2024 Nigeria Fintech Week in Lagos. Nwosu, who participated in a…
By Seun Ibiyemi PalmPay, an African-focused fintech company, has underscored the need for founders within the fintech ecosystem to boost investors confidence to drive more investment across the continent, saying that working closely with investors is vital to creating value.…
PalmPay, a leading payment platform has clocked five years of operations in the Nigerian market. Since its launch, PalmPay has achieved significant milestones in its mission to enable financial inclusion and strengthen Nigeria’s financial ecosystem. Amidst the celebration, PalmPay extended…
By Esther Agbo To achieve the Federal Government’s ambitious $1 trillion economy target, the Executive Director of Finance and Risk Management at United Bank for Africa Plc (UBA), Ugo Nwaghodoh, has called for greater collaboration between Nigeria’s banking sector, fintech…
By Enoch Deyon Kantan After the Global Financial Crises (GFC), only 22 percent of American Financial Institutions were deemed trusted. Since then, trust in the financial sector has increased to 33 percent in 2019, and over 50 percent in 2023. Despite this…
