The Securities and Exchange Commission has said that the safety of investors and their investments in the capital market is one of its cardinal objectives in rolling out its Regulatory Incubation Programme for Fintechs. This was stated by Director, Registration,…
In an avowed drive to further deepen the capital market and attract more young people to the market, the need to embrace fintech has again been emphasised. This was stated by the Director General, Securities and Exchange Commission (SEC), Mr.…
The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has stated that NCC will not relent in promoting the latest and emerging technologies to energize business and the sector in Nigeria for the benefit of…
A fast-growing Nigerian fintech startup, NowNow Digital Systems, said it had raised 13 million dollars in its seed round to improve financial inclusion across Africa. The Chief Executive Officer, NowNow, Sahir Berry said this in a statement on Wednesday in…
The FinTech Association of Nigeria says Financial Technology (FinTech) operators accounted for 63 per cent of the 1.37 billion dollars funding raised in Nigeria in 2021. President of the association, Mr Ade Bajomo said this on Saturday in Lekki, Lagos,…
Nigeria has become a hotbed of new fintech firms, and was reported as a leading destination for venture capital in Africa last year, surpassing South Africa, the continent’s most developed economy. African start-ups attracted a record $5.2 billion in venture…
The Federal Competition and Consumer Protection Commission (FCCPC) has called on banks to establish a service level agreement with other service providers to reduce financial technology-related challenges faced by customers. Mr. Babatunde Irukera, FCCPC Executive Vice Chairman, who made the…
By Kayode Tokede Nigerian Exchange Limited (NGX) has said that the collaboration between FinTech and the capital market will effectively create a digital economy as well as increase financial inclusion and cashless payments. The Chief Executive Officer, NGX, ably represented…
By Kayode Tokede FITC, a professional services firm owned by the Bankers Committee, has said that the Nigerian financial services sector has come under intense pressure from Financial Technology (FinTech) firms. This was disclosed by its Managing Director, Chizor Malize,…
By Kayode Tokede The Securities and Exchange Commission (SEC), has stated that it is committed to enhancing financial inclusion in the country through technology. The Director General of the SEC, Mr. Lamido Yuguda stated this at the joint session of…
