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Nigerians can now use Naira debit cards for international transactions, ending a three-year freeze on foreign spending. This major change was announced by several Nigerian banks, including United Bank of Africa (UBA) and Wema Bank, who have informed their customers…
9mobile and MTN are set to launch national roaming by the end of July 2025, a move that promises to boost network connectivity across Nigeria significantly. This new partnership, approved by the Nigerian Communications Commission (NCC), will allow 9mobile subscribers…
Zenith Bank plans to acquire a tier-two lender in Kenya as part of its strategic expansion into East Africa. This move marks the Nigerian banking giant’s first entry into the Kenyan market, following in the footsteps of other Nigerian banks…
The Federal High Court in Abuja has ruled in favor of the Nigeria Inter-Bank Settlement System Plc (NIBSS), upholding NIBSS’s right to manage the BVN database across Nigeria. This important court decision confirms that NIBSS has the legal authority to…
Okra, a well-known Nigerian fintech startup, has shut down its operations in May 2025, citing market challenges as the main reason for its closure. This decision marks a significant moment in Africa’s fintech scene, as Okra was one of the…
Flutterwave relaunches Send App in the US with 20 more licences, marking a big step forward for the company and its users. Flutterwave, a top African payments technology firm, has expanded its reach in the United States by acquiring 20…
African startups have raised $1.4bn in the first half of 2025, marking a strong start to the year for venture funding on the continent. This figure, reported by the African venture funding analytics company Africa the Big Deal, shows a…
Egypt successfully completes the landing of two new subsea internet cables, marking a major step in boosting the country’s data capacity to 126 terabits per second. These landings are part of the Southeast Asia-Middle East-Western Europe 6 (SEA-ME-WE-6) subsea cable…
Recently, there has been a lot of talk online and among drivers that Bolt Nigeria, a popular e-hailing company, has increased its commission to 24%. This news caused worry among many drivers who depend on Bolt for their daily income.…
Guaranty Trust Holding Company Plc (GTCO), the parent company of GTBank, is poised to list its ordinary shares on the London Stock Exchange (LSE), marking a historic first for a Nigerian bank. This move is part of GTCO’s plan to…
