Nigeria's cashless economy is booming as instant transfers surge to ₦572 trillion, causing a decline in POS transactions and reshaping the country's financial system.

The Nigerian Securities and Exchange Commission (SEC) is urging stakeholders in the Nigerian capital market to embrace innovation as a driver of economic growth and sustainable development. Dr. Emomotimi Agama, Director-General of the SEC, highlighted the potential of innovative financial instruments and fintech to unlock new opportunities and address socio-economic challenges. The SEC is committed to fostering a regulatory environment that encourages responsible innovation in the Nigerian capital market, focusing on sustainability and collaboration among stakeholders.

Access Holdings, a prominent fintech company, has reported a remarkable increase in profit, reaching...

The Central Bank of Nigeria (CBN) is planning to introduce corporate governance guidelines for...

Team Hi-Tech wins FCMB Hackathon with innovative Padi4Life financial solution