In the dynamic landscape of Nigeria’s digital sphere, the Association for Information and Communication Technology on Local Content (ICTLOCA) has emerged as a formidable advocate, championing indigenous ICT solutions and backing recent forex policies initiated by the Central Bank of Nigeria (CBN). This article delves into ICTLOCA’s core mission, its […]
BANKING
In today’s world of e-commerce, the right financial tool can gravitate from the more technical accounting software and payroll management tool to the less complicated but secure digital payment platform and Point of Sale (POS) machine. Big on secure digital payments, leading fintech platform PalmPay offers digital financial tools such […]
Financial security is crucial in a world where digital solutions are used more and more. Understanding this vital requirement, OPay, the top mobile money platform in Nigeria and recipient of the consumer choice award from ADVAN as well as praise from the World Economic Forum (WEF), is pleased to unveil […]
OPay, at the forefront of mobile payments, has committed to removing accounts without a National Identity Number (NIN) or Bank Verification Number (BVN) completely beginning on March 1, 2024. This commitment complies with recent guidelines on Know-Your-Customer (KYC) standards issued by the Central Bank of Nigeria (CBN), which require that […]
The booming digital banking sector in Nigeria is a great place to look if you need an extra source of income. PalmPay is the most gratifying fintech to work with, thus you’ll find the ideal business opportunity there. Leading fintech company PalmPay is dedicated to promoting economic emancipation in Africa […]
The Central Bank of Nigeria (CBN) under the leadership of Governor Yemi Cardoso is planning a significant restructuring that involves relocating major departments from the Abuja headquarters to the former headquarters in Lagos, southwest Nigeria. This decision, however, has stirred discontent among staff members, particularly married women, leading to internal […]
Moruf Oseni’s Wema Bank faced N8.067 billion in court cases as of September 2023, coupled with a loss of N239.920 million due to fraud and burglary during the nine-month period ending September 2023. The recently released financial statement to the Nigerian Exchange Group unveiled these challenges. However, the […]
On Tuesday, the Group Managing Directors (GMDs) of Zenith, Providus, and Jaiz banks responded to the invitation from the Economic and Financial Crimes Commission (EFCC). They cooperated by submitting documents pertaining to accounts held by the Ministry of Humanitarian Affairs to the anti-graft agency. Following the handover of the documents, […]
Two major awards from the prestigious 2023 Brandcom Awards served as a remarkable testament to Moniepoint’s unmatched achievements to Nigeria’s financial services industry. With the “Award for the Most Outstanding Fintech Company in Financial Inclusion,” Moniepoint Inc. won praise from critics, and Moniepoint Microfinance Bank took home the “Award for […]
MoMo Payment Service Bank (MoMo PSB), a leading financial institution, and Kwik Delivery, a prominent logistics and warehousing company in Africa, are excited to announce their strategic partnership to facilitate seamless payments using MoMo for deliveries by Kwik. The partnership represents a significant milestone in the logistics and payment services […]