In Nigeria, as well as the rest of Africa, there is no scarcity of digital banks. These fintechs believe that now is the appropriate time to deliver financial services to every market category, from the banked to the unbanked, as the region continues to experience tremendous rise in mobile usage […]
Startup Space
In the 2022 PricewaterhouseCoopers’ Central Bank Digital Currency (CBDC) Global Index, the eNaira of the Central Bank of Nigeria and the Sand Dollar of the Bahamas led the retail project indexes of central banks internationally. The PwC index, titled “The Race to Digital Money,” analyzes and rates the leading retail […]
MTN Nigeria informed the Nigeria Exchange Group today that the Central Bank of Nigeria has given it final approval to operate Momo Payment Service Bank Ltd. MTN revealed in a corporate declaration submitted by company secretary Uto Ukpanah that the CBN gave final approval in a letter dated April 8, […]
Temitope Ogunsemo, a Nigerian entrepreneur and the creator of Krystal Digital Solutions Limited, has been named to Forbes Africa Undiscovered Series for Nigeria, as part of an elite selection of Nigerians who have played a key role in rebuilding and contributing to the country’s current growth story. Forbes Africa looks […]
The association’s goals include serving as a coordinating body for background checkers and data verification service providers in Nigeria; building and supporting the verification service industry in Nigeria, which includes the data and identity verification ecosystem as well as all related industries; and liaising with the government on data verification […]
After postings in Dubai, London, Miami, San Francisco, and Singapore, global digital payments giant Visa has built its first innovation studio in Africa and its sixth internationally in Kenya. In order to co-create payment and commerce solutions, the studio will bring together developers, Visa’s internal and external clients, and other […]
Microsoft Corporation, an American global technology company that makes computer software, personal computers, and related services, will open its first African Development Centre (ADC) in Lagos today. Software engineering solutions are intended to be delivered to Africa from the centre, which is a $100 million investment by the multibillion-dollar corporation. […]
The new line will also stop in Nigeria, Namibia, and South Africa, with future extensions to neighboring nations. According to Google, an undersea cable that would increase internet speeds for millions of Africans landed in Togo on Friday, the latest phase in a multi-year project to bring cheaper access to […]
Nigeria’s planned 5G wireless network is predicted to bring speeds up to ten times faster than today’s 4G LTE networks, but 5G could also imply millions of new mobile phone towers. Do you want a cell phone tower or a network base station in your area? Many people respond with […]
The strong excitement and anticipation stems from the desire of Nigerians who are digitally literate and eager to take advantage of the new technology. On Tuesday, at the ongoing 2022 edition of AfricaNXT conference, co-sponsored by the Nigerian Communications Commission (NCC) and held at the Landmark Event Centre, Victoria Island, […]
