Cryptocurrency mixers, also known as tumblers, have become a method for individuals looking to conceal their activities in the decentralized and pseudonymous world of crypto. These services were initially created to provide users with increased privacy and anonymity. However, recent reports reveal a concerning trend. According to BanklessTimes.com, there has been a 63% year-on-year surge in funds being […]
Read MoreThe Financial Technology (FinTech) industry as a critical driver of financial inclusion of Nigerian citizens living in the underserved and unserved communities across the country. The Executive Vice Chairman and Chief Executive officer (EVC/CEO) of the Nigeria Communications Commission (NCC), Dr. Aminu Maida, said Fintech is revolutionizing Nigeria’s financial ecosystem as it represents a positive […]
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Fintech company, MoniePoint MFB, has restated its commitment to driving financial inclusion through innovative products that address payment challenges in the country. The Head of Partnerships at MoniePoint Inc., Mr Efemena Ogie, who stated this at a Fintech Forum organised by the Nigeria Information Technology Reporters Association (NITRA) in Lagos, disclosed that the company has […]
Read MoreAmid the rising crisis in the electricity power supply in Nigeria, two companies one from the green energy sector and the financial services market decided to go into partnership to advance sustainable energy solutions and increase accessibility for communities. The companies, BaobabPlus Nigeria, provider of cutting-edge solar technologies, has gone into a strategic partnership with […]
Read MoreThe Nigeria Information Technology Reporters Association (NITRA), has announced its upcoming event, tagged NITRA FINANCIAL TECHNOLOGY (FINTECH) FORUM 2023, slated to hold on October 26, 2023 at CitiHeight Hotel, Ikeja, Lagos. The event, which will gather industry stakeholders in the financial technology sector, and the ICT industry as a whole, both from the public and […]
Read MoreAfter stealing more than $3.5bn worth of cryptos in 2022, the worst year for crypto heists in the market`s history, crypto scammers and hackers have seen their inflows significantly drop in 2023. Still, the total amount of stolen money in crypto heists remains shocking. According to data presented by AltIndex.com, crypto criminals have stolen more […]
Read MoreData presented by the Atlas VPN team, in the first half of 2023, revealed there were 49 significant cyber incidents concerning government agencies-a rise of 11% from the same time last year. The attacks affected government bodies in at least 27 countries across the world. The analysis is based on the information by the Center […]
Read MoreMoMo Payment Service Bank (MoMo PSB) and Saana Capital LLC (“Brij”), a Central Bank of Nigeria (CBN) licensed International Money Transfer Operator (IMTO), have unveiled strategic partnership to facilitate seamless inbound and outbound transfers across Africa, as well as convenient bill payment services. The collaboration between MoMo PSB and Saana Capital LLC (“Brij”), marks a […]
Read MoreMTN Group is on the lookout for additional potential investors interested in acquiring a minority stake in its fintech business. This is according to MTN Group CEO Ralph Mupita, speaking at an investor conference call yesterday afternoon, following the release of the firm’s interim financial results for the six-month period that ended in June. The […]
Read MoreBitcoin, previously known for its ‘wild price swings’, is now trading sideways which is both a blessing and a curse for investors, affirms the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. The analysis from deVere Group’s Nigel Green comes as volatility for major cryptocurrencies including Bitcoin and […]
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