Airtel Africa is gearing up to challenge the dominance of African fintech giants with a planned initial public offering (IPO) for its mobile money arm, Airtel Money, set for the …
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PiggyVest vs Cowrywise vs FairMoney: Which Savings App Is Best for Nigerians in 2025?
In an era where financial stability is paramount, and the economic landscape of Nigeria continues to evolve, the way we save and manage our money has undergone a significant transformation. …
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Banking, Finance & InvestmentBusinessDigital EconomyFintechNigeriaSecurityTechnology
PalmPay Processes 15 Million Daily Transactions in Q1 2025, Targets Deeper Financial Inclusion
PalmPay, a fast-growing Nigerian digital bank, has announced a major milestone, revealing that it processed 15 million transactions daily during the first quarter of 2025. The announcement was made at …
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AfricaBusinessFinance & ServicesFintechGhanaINVESTMENTMarketsNigeriaPress ReleasesWestern Africa
VFD Group Declares N3.17bn Dividend, Bonus Shares as Profit Hits N11.3bn in 2024
Shareholders of VFD Group Plc have approved a total dividend payout of N3.17 billion, translating to N2.50 per share, following the company’s strong financial performance in 2024. The resolution was …
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Banking, Finance & InvestmentBusinessBusiness InsightsFintechNigeriaSecurityTechnology
Accion Microfinance Bank Gets Global Certification for Card Payment Security
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 …
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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 …