Transactions carried out through cheques fell by 5.02 per cent in 2018, against 2017 levels, indicating that more customers are embracing other payment alternatives, especially electronic.

On the 5th of October 2018, the Central Bank of Nigeria (CBN) released for comments an exposure draft of their newly proposed guidelines for the licensing...

The adoption of digital banking by banks and fintechs as well as digital transformation by other service oriented organisations as a key strategy have raised...

One Finance Limited (OneFi) has been assigned a “BB” rating with a Stable outlook, from Global Credit Rating Co. The company behind Paylater, Nigeria's leading digital financial services platform that specialises in consumer lending, becomes Africa’s first fintech company to secure such a rating, as it looks to increase transparency around its credit and lending…

Deputy British High Commissioner to Nigeria, Laure Beaufils, has commended Africa’s increasingly impressive achievements in Fintech. She expressed this yesterday while delivering a keynote speech at the third annual Africa Fintech Festival held at the Landmark Event Centre, Lagos. Beaufils added that United Kingdom’s plan to be one of the G7 top investors in Africa…

Dubai International Financial Centre (DIFC), is offering its platform for the development of Financial Technology (FinTech) companies, especially those in Middle East, Africa and Asia. To get this done, DIFC, which was established in 2001, has partnered global and regional FinTech-focused entities, such as the Middle East Venture Partners (MEVP), Accenture, Startupbootcamp, and Innovate Finance.…

The Country Managing Director, Accenture Nigeria, Niyi Yusuf, has urged Nigerians to leverage on innovation to boost productivity, economic prosperity and improve growth prospects.  Speaking during the maiden edition of the Nigeria Innovation Index 2018, organised by Accenture Nigeria, in Lagos, he added that innovation is critical for to have a competitive edge in today’s…

On 22 November 2018, Lagos, Nigeria will witness the official launch of www.fundanenterprise.org at Best Western Hotel, Victoria Island, Lagos.  Fundanenterprise.org is a donation based crowd-funding website (first of its kind in Nigeria) built specifically for fundraising activities, solely in form of grants to support start-up, micro, small and medium sized enterprises in Nigeria and…

Renmony, a fintech lending company licensed as a Microfinance Bank in Lagos has announced the appointment of Oluwatobi Boshoro as its new Chief Executive Officer. Prior to her appointment, Boshoro served as Head, Digital Strategy, Issuing and Service Management at Stanbic IBTC, where she also headed the bank’s Electronic Banking and Digital Strategy units at…

Senator Olabiyi Durojaiye, Nigerian Communications Commission (NCC) Chairman, has congratulated Channel VAS founder and CEO Bassim Haidarfor his company’s achievements...

As technology continues to dominate and permeate every segment of human endeavour, activity and field of knowledge, there is strong indication...

As fintech continues to revolutionalise financial services in Nigeria, the Central Bank of Nigeria (CBN) and the Chartered Institute of Bankers of Nigeria (CIBN) have advised risk managers to stay ahead of trends and step up their risk management mechanisms to avert imminent risks that may arise from modern technology. Speaking at the Risk Management…