fintech

Fintech Boom Drives Push For Local Stock Ownership

OPay is reportedly exploring a US IPO that could value it at about $4bn. NGX wants Nigerians to own shares in fintechs built on the local market. Dual listings could connect global capital with Nigeria’s growing digital economy. ...

CBN Data Localisation Push Opens Opportunities for Galaxy Backbone to Serve Banks, Fintechs

July 8 (THEWILL) — Galaxy Backbone (GBB) is stepping up efforts to position itself as a key digital infrastructure provider for banks, fintechs and other financial institutions as the Central Bank of Nigeria (CBN) moves to enforce the local...

Young Nigerians, Fintech Apps Fuelling New Wave Of Capital Market Growth – SEC DG

June 6 (THEWILL) — Nigeria’s capital market is witnessing a new wave of growth driven largely by young investors using fintech platforms to access investment opportunities, according to the Director-General of the Securities and Exchange Commission (SEC), Dr Emomotimi...

Fintech Boom, Holiday Spending to Boost Stamp Duty Revenue

January 05, (THEWILL) — The substantial increase in electronic payment transactions, driven by significant holiday expenditures and the expansion of fintech services, is expected to elevate stamp duty revenue to unprecedented heights in 2026. Recently, Nigeria's digital banking and...

The Dark Side of Nigeria’s Fintech Boom: Protecting Your Digital Wallet

October 05, (THEWILL) — Nigeria’s fintech revolution has fundamentally transformed the banking landscape in Africa’s largest economy. Platforms like Flutterwave, Paystack, OPay, and Kuda now process billions of naira daily, creating unprecedented access to financial services for millions previously...

Opay Embarks On Concrete Improved Security, Services And Empowerment In 2024

January 25, (THEWILL) - Concerned about building confidence in OPay, beyond banking brand, the frontline fintech company, has reinforced its platform’s security system to mitigate fraud and scams to protect customer funds by building a Safe and concrete platform. Director...

Moniepoint Promotes Financial Inclusion With Personal Banking

September 02, (THEWILL) - Fintech giant, Moniepoint, has taken great strides towards supporting the Central Bank of Nigeria's ambitious goal of achieving 95 per cent financial inclusion by 2024, by unveiling its personal banking initiative. This strategic move aims...

Stock of Tingo Group Heads for Junks on Alleged Fraud Activities

June 07, (THEWILL) - Tingo Group, a Nigerian-based Agri-Fintech organisation, has suffered a dramatic reversal of fortune as its share price plummeted by -55% on NASDAQ Tuesday, after Hindenburg Research released a report alleging fraud activities in the company. The...

Fintech Will Boost Financial Inclusion – Yuguda

In an avowed drive to further deepen the capital market and attract more young people to the nation’s bourse, the need to embrace fintech has again been emphasised. This was stated by the Director General, Securities and Exchange Commission,,...

CBN Denies Plans To Suspend Fintech Accounts

March 28, (THEWILL) – The Central Bank of Nigeria (CBN) has debunked rumours that it plans to suspend the accounts of fintech firms. The apex bank described the story trending in the social media as fake news. The CBN offered...
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Alex Eala’s Serve Is Holding Her Back at the US Open, But Her Return Could Make Her No. 1

Alex Eala's serve has long been identified as the single part of her game holding her back from...
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