Group Chief Executive Officer, First Bank of Nigeria Limited, Olusegun Alebiosu (second from left) and Mr Babangida Hussaini commissioning of FirstBank Digital Xperience Centre in Abuja.
 Business

FirstBank Nigeria Lights-up  Abuja Digital Lifestyle with New  Innovative Self-service Xperience Centre 

FirstBank, the West African premier financial institution and financial inclusion services provider, has reaffirmed its commitment to driving digital transformation in the banking sector with the commissioning of its 7th fully automated branch, the FirstBank Digital Xperience Centre (DXC) at Area 10, Garki Abuja. The Centre is designed to deliver seamless, paperless, and customer-driven financial services across […]

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FinTech
  • September 30, 2025

European Regulation & FedNow Impact to Push Global nstant Payments Over $110trl  by 2029

Instant payments will surpass the $100 trillion mark in 2029; up from $60 trillion in 2025. This represents substantial growth of 84% over just four years. The Juniper Research said this rapid rise will be driven by two major trends: the increasing adoption of instant payments in Europe, driven by regulation, and the rising usage […]

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Business
  • September 26, 2025

Lagos Seeks Inter-State Collaboration to Drive Nigeria’s Digital Economy

Lagos State played host for the convergence of innovation and ICT leaders recently, when Commissioners for Innovation, Science and Technology and senior state delegates gathered during GITEX in Lagos for the ICT Commissioners Roundtable. Conceived as a national platform to align sub-national digital priorities with federal strategy, strengthen inter-state collaboration and accelerate the drive toward […]

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Deputy Director, e-Government and Digital Economy Development Department, Dr Amina Sambo-Magaji.
 Business
  • September 26, 2025

NITDA Recounts JICA Partnership Impact, Says Nigeria Now Host 200 Fintech Startups

The National Information Technology Development Agency (NITDA), is excited that the over three years partnership with the Japan International Cooperation Agency (JICA) is propelling the nation’s technology innovation and startup ecosystem to new heights. According to the Director General of NITDA, Mr Kashifu Inuwa Nigeria now boasts as one of Africa’s most vibrant startup ecosystems, […]

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News
  • September 26, 2025

Digital Innovation to Spur Africa’s Payment Revenue to $19bn by 2029

Global payments revenue is projected to grow to $2.4 trillion by 2029, according to new research from Boston Consulting Group (BCG). While growth is expected to moderate to 4% annually over the next five years, the industry is undergoing a foundational reset as agentic AI, digital currencies, and fintech business models begin to shape the […]

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Business
  • September 15, 2025

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 […]

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FinTech
  • September 11, 2025

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, […]

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Director General of NITDA, Mr Kachifu Inuwa.
 Business
  • September 4, 2025

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 […]

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Business

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 […]

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FinTech

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 […]

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