Business

AFC Backs Africa Fintech Summit as DFI Sponsor , Injects $15bn into Continent’s Growth

 AMA PRESS RELEASE Africa’s infrastructure solution provider, Africa Finance Corporation has joined the sponsors league of the Africa Fintech Summit even as it recently announced  the institution’s transformative impact across Africa, where AFC-financed projects have contributed over $50 billion to regional GDP and enabled the creation of 7 million jobs in 36 countries. AFC has […]

Read More
News

Accra to Host Africa Fintech Summit, Allocates 50% Pitch Slots to Ghanaian Startups

AMA PRESS RELEASE Africa Fintech Summit (AFTS) is set for kick-off with the Ministry of Communication, Digital Technology and Innovations (MOC) as a Strategic Partner for the 14th edition of the summit. The Accra International Convention Centre (AICC) Summit, comes on the heels of the n Accra from some of the bold moves by MOCDTI, […]

Read More
Business

Thrills, Excitement as Nigeria Hosts Global Tech Expo Show-Casing World’s Best Techie

One of the world’s most leading technology event has berthed in Nigeria with two editions holding both in Lagos, Southwest Nigeria and at the nation’s capital, Abuja where the world came to showcase technology that delegates from across the world were excited to behold. It took over a decade of active participation by Nigerians to […]

Read More
FinTech

CBN Gives PoS Operators 60 Days Deadline to Begin GPS Tracking of Transaction

The Central Bank of Nigeria has directed that all Point of Sale (PoS) terminals in the country be geo-tagged within 60 days In a statement dated August 26, 2025, obtained by our correspondent, CBN said the move is part of measures to curb fraud and strengthen oversight of digital payments. It is also part of […]

Read More
Business

How FIRSTBANK’S ₦1trl Digital Loan Impacts Financial Inclusive  in Nigeria

For decades, Nigeria’s credit system posed significant challenges for small businesses and low-income earners, who often struggled to qualify for loans. Traditional banks demanded collaterals, guarantors, and endless paperwork, effectively shutting out a large portion of the population working in the informal economy. FirstBank’s digital lending model flipped the script. With the launch of its […]

Read More
Business

Bitcoin Surges On as  deVere Group’s $150,000 Prediction Stays on Course

Bitcoin has surged to fresh record highs this week, trading above $123,000 and pushing further past July’s peak as momentum from institutional buying, corporate treasury adoption, US policy support, and sovereign-level gains continues to build. The move strengthens global financial advisory giant deVere Group’s projection that Bitcoin could hit $150,000 before the end of 2025. The world’s […]

Read More
FinTech

Cross-border Activity Intensifies Amid Tariffs Crisis, Payment to Hit 18 Billion

The global cross-border B2B transactions will reach 18.3 billion in 2030; up from 16.3 billion in 2025. This 13% growth will be driven by increased globalisation despite tariffs, as well as new payment types such as stablecoins reducing payments barriers. According to Juniper Research forecasts, cross-border B2B transactions will be resilient in the face of […]

Read More
Business

UK Based Former Moniepoint Staff Drags Unicorn to Court Over $889K  Failed Contract 

A former staff based in the United Kingdom has dragged unicorn firm, Moniepoint to court over failed contract obligation demanding that his money worth over $889,000 be paid. The Story.. When Damilola Ajiboye joined Moniepoint, formerly called TeamApt, with the promise of stock options after working for five years, he never expected that he’d be […]

Read More
Business

UBA Marks 10 Years VERiCASH-Digital Partnership with Rewards for Customers

Africa’s Global Bank, United Bank for Africa (UBA) Plc, is celebrating a decade of impactful digital transformation through its strategic partnership with leading fintech firm, VERiCASH. The collaboration, which birthed the award-winning UBA Mobile App, has revolutionised digital banking across the continent – delivering seamless, secure, and user-friendly experiences to millions of customers. To commemorate […]

Read More
Business

FIRSTBANK Records N1trl Instant Digital Loan Disbursements

 FirstBank, a financial institution and provider of financial inclusion services in West Africa, announces the achievement of ₦1 trillion in cumulative instant digital loan disbursements. This accomplishment further consolidates the Bank’s reputation for innovation, leadership in financial inclusion, and commitment to customer empowerment within. Since its inaugural digital loan in August 2019, FirstBank has developed […]

Read More