Accion Microfinance Bank has achieved a major milestone in digital security by earning the Payment Card Industry Data Security Standard (PCI DSS) certification under the latest version 4.0.1. The certification …
Fintech
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Banking, Finance & InvestmentBusinessBusiness InsightsFintechNigeriaSecurityTechnology
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BusinessFintechNigeriaWestern Africa
eTranzact International Reports N5bn Pre-Tax Profit in 2024, Marks 53% Growth
Lagos – Nigerian fintech giant, eTranzact International Plc, has posted a robust N5 billion pre-tax profit for the year ended December 31, 2024, representing a 53.2% increase from the N3.1 …
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Business InsightsDigital EconomyFinance & ServicesFintech
Remita champions AI adoption to unlock $434m fintech market
Remita, a pioneer in Nigeria’s payment solutions industry, has urged fintech companies to embrace Artificial Intelligence (AI) as a crucial tool for securing their share of the rapidly expanding digital …
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Banking, Finance & InvestmentBusinessDigital EconomyFintech
Raenest seals $11M funding to deepen operations in Nigeria and Kenya
Raenest, a global multi-currency accounts platform, has raised $11 million in Series A funding to expand its operations in Kenya and Nigeria, as well as to enter new markets in …
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Banking, Finance & InvestmentDigital EconomyEconomyFinance & ServicesFintechNigeriaTechnologyWestern Africa
Bankit MFB Uses Games to Teach Nigerians About Money
Bankit Microfinance Bank (MFB), a Pan-African fintech company, is using games to help Nigerians learn about managing money better. The bank believes that by making financial education fun, more people …
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AfricaFinance & ServicesFintechTechnology
Africa’s Digital Payments Projected to Reach $1.5 Trillion by 2030
A recent report has revealed that digital payments across Africa are expected to reach a staggering $1.5 trillion by the year 2030. This growth is largely driven by the increasing …
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Banking, Finance & InvestmentFintechNigeriaTechnologyWestern Africa
FirstBank Launches Fifth Digital Xperience Centre in Lekki
First Bank of Nigeria Limited has inaugurated its fifth fully automated branch, the FirstBank Digital Xperience Centre, located on Admiralty Way in Lekki, Lagos State. This initiative is part of …
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BusinessBusiness and EconomyCyber securityFinance & ServicesFintechNigeriaTechnologyWestern Africa
Worries Over Fintech-Driven Fraud Cases
The Professional Excellence and Development Institute of Nigeria (PEDIN) has inaugurated a new set of state executives, in a bid to deepen professional ethics, leadership capacity and career development across …
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AFRICA NEWSBusinessBusiness and EconomyDigital EconomyFintechNigeriaTechnologyWestern Africa
Visa Inc. to Establish Data Center in Nigeria
In a significant boost to Nigeria’s digital economy, global payment giant Visa Inc. has announced plans to establish a data center within the country. This move underscores Visa’s commitment to …
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AfricaAFRICA NEWSBusinessBusiness and EconomyCryptocurrencyEconomyFinance & ServicesFintechNigeria
Africa Records 100 Million Crypto Users, Nigeria Tops Chart
Africa’s digital revolution is accelerating as cryptocurrency adoption surges across the continent, with a recent report revealing that over 100 million Africans are now using crypto assets—and Nigeria leads the …