Tag: #Fintech
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DIGITAL PAYMENTS KEY TO FINANCIAL INCLUSION, ECONOMIC GROWTH — CBN
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to expanding digital payment channels as a means of deepening financial inclusion, supporting economic growth and accelerating national development. CBN Governor Olayemi Cardoso, represented by Acting Director of Corporate Communications and Investor Relations, Hakama Sidi-Ali, stated this at the CBN Fair in Lafia, Nasarawa State.…
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SANWO-OLU, CIBN MOBILISE YOUTHS FOR DIGITAL ECONOMY
Lagos State Governor, Babajide Sanwo-Olu, has urged Nigerian youths to take the lead in building a digital, inclusive and sustainable economy, stressing the need to combine technology with integrity, creativity and problem-solving skills. Sanwo-Olu, represented by the Commissioner for Finance, Abayomi Oluyomi, spoke at the 4th Chartered Institute of Bankers of Nigeria (CIBN) Generation Next…
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DIGITISATION NOW ESSENTIAL FOR BUSINESS GROWTH, FinTechNGR TELLS NIGERIAN FIRMS
The FinTech Association of Nigeria (FintechNGR) has urged business leaders to make digital transformation a boardroom priority, describing digitisation as the minimum requirement for business relevance in today’s economy. Speaking at the maiden Nigerian-British Chamber of Commerce (NBCC) Business Innovation Series in Lagos, FintechNGR President, Dr Stanley Jacob, said companies that fail to embed digital…
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AFRICA PRUDENTIAL’S BIG YEAR: REVENUE JUMPS 38% TO N7.19BN
Despite inflation, FX volatility and rising costs, Africa Prudential Plc just posted a strong 2025 performance—boosting revenue, profits and dividends while doubling down on digital innovation. The company announced at its 13th virtual AGM that revenue surged 38.35%, rising from N5.19bn in 2024 to N7.19bn in 2025. Profit After Tax also climbed sharply to N2.72bn,…
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DIGITAL PAYMENTS LIGHT UP NIGERIA’S NIGHTLIFE
Moniepoint study reveals cash is fading as bars, clubs embrace digital transactions. A recent study by Nigerian fintech Moniepoint shows digital payments are now driving Nigeria’s nightlife economy, with bank transfers and card payments topping transactions at bars, clubs, and informal community venues. Cash is on the decline, largely due to security concerns. The report,…
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UK-NIGERIA TRADE HITS RECORD £7.9 BILLION WITH ENHANCED PARTNERSHIP
New trade pact boosts collaboration in tech, finance, agriculture, and education for mutual growth. British High Commissioner Richard Montgomery announced UK-Nigeria trade has surged to £7.9 billion ($16 trillion Naira), driven by the Enhanced Trade and Investment Partnership (ETIP). The deal removes barriers and targets sectors like fintech, AI, agriculture, and higher education to create…
