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.
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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...
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...
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...
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...
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...
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...
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...
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,,...
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...