Jumia Technologies, one of Africa’s most well-known e-commerce companies, is reportedly attracting acquisition interest from Mauritius-based telecom and fintech giant, Axian Telecom, as the online retailer struggles with deepening financial …
Category:
Fintech
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BusinessEconomyFintechMarketsNigeriaTechnology
Interswitch Launches Emotional Masterbrand Campaign Highlighting Its Role
Africa’s leading digital payment and commerce company, Interswitch, has launched a new Masterbrand campaign aimed at showcasing its crucial but often unseen role in powering the day-to-day lives of Africans. …
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BusinessEconomyFintechInsuranceNigeriaTechnology
Transparency Scape Launches InsurEase App to Simplify Insurance Access for Nigerians
A new digital platform has entered Nigeria’s insurance market with a promise to make insurance easier, cheaper, and more accessible to everyone. Transparency Scape Insurance Brokers Limited, on Tuesday, officially …
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Eastern AfricaFintechGOVERNMENTINVESTMENTMarketsTelecommunications
MTN Uganda Offers Exit Plan for Retail Investors
MTN Uganda has announced a new exit option for its minority retail investors as the telecom company prepares to separate its mobile money business, MTN MoMo, from its main telecom …
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EconomyFintechNigeriaTelecommunications
Banks, Fintechs, Telcos Urged to Redesign Financial Tools for Young Nigerians
Banks, fintech companies, and telecommunications operators have been called upon to rethink and redesign the digital financial tools and services targeted at young Nigerians. This follows new findings from the …
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Banking, Finance & InvestmentDevelopmentEconomyEthiopiaFintech
NIB Bank Partners with Arifpay to Boost Digital Payments and Support Ethiopia’s Fintech Growth
NIB Bank has entered a major partnership with Arifpay Financial Technologies, one of Ethiopia’s top fintech firms, in a move that is expected to strengthen the country’s digital economy. The …
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The University of Calabar in Cross River State has become the latest school to benefit from OPay’s N1.2 billion scholarship programme aimed at helping Nigerian students. The financial technology company, …
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Banking, Finance & InvestmentFinance & ServicesFintechNigeriaTechnology
POS Transactions Hit N223tn in 2024 as ATM Withdrawals Drop
Point of Sale (POS) terminals processed a total of N223.27 trillion worth of transactions across Nigeria in 2024. This figure is more than double the N110.35 trillion recorded in 2023, …
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Banking, Finance & InvestmentBusinessBusiness PoliciesFinance & ServicesFintechNigeriaWestern Africa
Nigeria’s New Plan: Using NIN to Track All Unpaid Loans – What You Need to Know
The Nigerian Government has initiated a plan to change how people borrow money. Soon, every loan taken in Nigeria will be connected to the borrower’s National Identification Number (NIN). This …
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AfricaBanking, Finance & InvestmentBusinessBusiness InsightsDigital EconomyEducationFinance & ServicesFintechINVESTMENTProduct ReviewTechnology
Top 6 Fintech Apps for Competitive Dollar Exchange in Nigeria
Exchanging foreign currency, especially US dollars, can feel like a complex maze for many. Traditional banks often offer less favorable rates. Hidden charges can also eat into your hard-earned money. …