Business

Mastercard Foundation Unveils $300m Strategic Partnership with UNHCR for Education of Youth Refugee

AMA PRESS RELEASE The Mastercard Foundation has unveiled a $300 million strategic partnership with UNHCR, the UN Refugee Agency, that will enable more than half a million refugees and displaced youth across Africa to complete their education and 200,000 young people to transition into dignified work by 2030. “This extraordinary commitment comes at a time […]

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Business

Lagos Set for  AfricArena Summit 2025, Targets Tech Talent in fintech, Mobility and Logistics

lt’s only a week until the AfricArena Lagos Summit 2025, which will highlight West Africa’s most promising tech talent begins. The stage has been set, according to organisers, and the energy is building as the widely anticipated AfricArena fintech, mobility and logistics summit, which will take place at the Eko Hotel And Suites on Victoria Island, […]

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Business

Stakeholders, Experts Raise Concern on Collaboration to Leapfrog Nigeria’s Payment System

Stakeholders in Nigeria’s fintech ecosystem are concerned about how collaboration among financial service providers, telecommunication operators, and tech Startups are crucial to leapfrogging the country’s digital economy. Stakeholders who spoke at the second edition of Payment Forum Nigeria (PAFON 2.0) harped on the essence of conscious effort geared at consumer awareness, and proffered key remedies […]

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Business

Smartcash Payment Service Bank Opens New Upgrade Window to Tier 3 Level, Pledges Cashless & Stress-free Holiday

Customers of mobile money operator Smartcash Payment Service Bank (PSB) may now upgrade their wallets from Tier 1 to Tier 3 for a smooth, cashless, and stress-free holiday experience. The company in statement said the motive is to offer improved security, access, and reliability, the Smartcash app now enables instant verification with customers’ NIN or […]

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StartUps

Nigeria Tops Viva Technology 2025 AfricaTech Awards with 13 Startups in FinTech, HealthTech, GreenTech Category

Thirteen Nigerian startups are in all the three categories of E-commerce and FinTech, HealthTech, GreenTech for the 45 finalists of Viva Technology 2025 AfricaTech Awards. This year once again, Nigeria confirms its dynamism with the highest representation among the 56 African countries in the running. 110 Nigerian applications were received, a 70% increase over last […]

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Business

Sub-Saharan Africa Leads Mobile Money Growth Hits Over 280 Million Active Accounts in 30-Days

Mobile money has surpassed two billion registered accounts, with over half a billion active monthly users across the globe in the 25 years since its launch. Leading this market growth is Sub-Saharan Africa with a total of 1.1 billion registered accounts and more than 280 million active 30-day accounts, as recorded at the end of […]

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Business

AfriGoPay, Palmpay CEOs, & Others to Deliver Keynote Presentation at PAFON 2.0

The Managing Director and Chief Executive Officer of AfriGoPay Financial Services Ltd, Ebehijie Momoh will lead other fintech ecosystem players to the second edition of Payments Forum Nigeria (PAFON 2.0), where she be giving the keynote address. Featuring keynote presentation, fireside chat, panel discussion, networking opportunities, PAFON 2.0 is scheduled to hold on next week […]

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News

MoMo PSB Marks International Women’s Day Harping on Financial Empowerment

MoMo Payment Service Bank (MoMo PSB), has hosted an empowering event for 40 women, demonstrating its commitment to fostering equality and women’s empowerment in the financial sector. The gathering at MoMo PSB’s headquarters, which marks International Women’s Day 2025, brought together a diverse group of women for a day of learning, networking, and inspiration. The […]

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Business

With Generative AI Warming-Up to Revolutionise Payment Industry, Experts Warn of Customers’ Expectations

Boston Consulting Group (BCG)’s 22nd annual Global Payments Report, has highlighted the urgent need for decisive action to ensure profitable and sustainable long-term growth in the payments industry. The report, titled Fortune Favors the Bold, emphasises the strategic imperative for payments companies to navigate mounting challenges from evolving customer expectations, regulatory scrutiny, investor priorities, and technological […]

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FinTech

MoMo Launches Customer Rewarding Campaign to Drive Financial Inclusion

MoMo Payment Service Bank (PSB) has launched an innovative customer loyalty program, ‘Customer Refer & Win Promo’, offering customers a chance to win free airtime or data for life when they transact on MoMo and refer their families and friends to do the same. There will be a weekly electronic draw starting from week 2 […]

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