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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FinTech

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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Business

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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FinTech

MoMo PSB Kicks Off ‘Customer Refer & Win Promo’ to Reward Customers

Provider of digital financial services, MoMo PSB, a subsidiary of MTN Nigeria, has launched its Customer Refer & Win Promo, a new initiative designed to reward loyal customers with free airtime or data for life when they transact on MoMo and refer their family and friends to do same. This campaign is part of MoMo […]

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Business

EFTCorp Wins ‘Outstanding Contribution to Fintech Enablement’  Award at Africa Bank 4.0 Summit

EFT Corporation (EFTCorp), a trusted partner in modern banking, was honoured with the ‘Outstanding Contribution to Fintech Enablement’ award at the 15th Africa Bank 4.0 Summit-West Africa, held in Accra, Ghana. The award recognises EFTCorp’s role in advancing fintech innovation and expanding financial inclusion across Africa by providing cutting-edge payment solutions and infrastructure for banks […]

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Business

Virtual Card Transactions to Soar Globally, Exceeding $17.4trl by 2029

The value of virtual card payments will grow 235% by 2029; rising from $5.2 trillion in 2025. This represents significant acceleration compared with 2021 to 2025, during which time virtual card transaction values grew by 175%. This acceleration according to Juniper Research report will be fuelled by growth in the subscription economy in both B2B […]

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Business

Presidency Drops Remita as Revenue Collection Platform, as New Treasury Digital Platform Goes Live

The Nigerian Government has dropped the Remita platform previously used for revenue collection, and has replaced it with the Treasury Management and Revenue Assurance System (TMRAS). This launch of TMRAS system ends the business of Remita with the Government, as the new system intends to improve the management of federal revenue collections and payments among […]

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Business

Airtel Africa and Mastercard Launch New Digital Payment Solution to Tackle Financial Inclusion

Airtel Mobile Commerce BV, a subsidiary of Airtel Africa PLC, has  launched the Airtel Money GlobalPay Card, a new payment solution designed to connect Airtel Money customers across Africa with global online marketplaces. This collaboration with Mastercard will empower Airtel’s 150 million mobile phone users in 14 African countries with access to Mastercard’s global merchant […]

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Business

AfriGO, Moniepoint Plans Introduction of Five Million Contactless Cards 

AfriGO, national domestic card scheme powered by Afrigopay Financial Services Limited (AFSL), a subsidiary of the Nigeria Inter-Bank Settlement System, has announced a strategic partnership with Moniepoint Inc. This collaboration, according to AfriGO, will drive the distribution of 5 million AfriGO cards and introduce contactless, tap-to-pay solutions, boosting Nigeria’s commitment to a thriving, cashless economy. […]

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