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BVN-Linked Accounts Now 41.82 million Out of the Over 99 million Adults in Nigeria

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BVN-Linked accounts has now reached 41.82 million out of the over 99 million adults population in Nigeria.

CBN Debunks the Rumors of N2000 and N5000 Naira Banknotes Making Rounds Online.

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CBN debunks the rumors making rounds online on the existence of N2000 and N5000 Naira Banknotes.

Why Nigeria Banks Should Collaborate With Fintech Including Blockchain Powered Fintech to Revive the Economy. 

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PwC List Ways for Banks to Collaborate With Fintechs Including Blockchain Powered Fintech to Revive Nigeria Economy. 

Mass Sack in Nigerian Banks; CBN Intervenes as Banks Restructure to Offer Fintech Products to Grow Revenue.

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Banks like GTBank is looking to restructure into a Holdings Company to deploy Fintech products and increase the revenue of banks

Nigerian Naira Gains Against US Dollar After CBN Resumed Dollar Sales.

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The Nigeria Naira has gained against the US Dollars following CBN’s resumption on US Dollar Sales

Banking Crisis: Nigeria Banks Looking to Increase Earnings From Fintech Following the Increase in Debt Owed by Independent Oil Producing Firms.

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Nigeria Banks is looking to increase earnings following the pressure on banks’ earning due to the unpaid loans owed by independent oil producing firms.

The New Policy Set by the Central Bank of Nigeria to Support the Economy Amidst the Coronavirus Outbreak Does Not Support Digital Money

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Following the increased spread of coronavirus, many countries are putting up various economic strategies to help protect the economic activity of its country for the good of its citizens and financial stability of the country.  This new policy comes ahead…

The New CBN Microfinance Revised Banking License, a Threat to Fintech and Blockchain Startups in Nigeria.

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The Central bank of Nigeria released new banking license for microfinance banks which is mostly used by digital banks including Piggyvest and Kudi bank. The MFBs are seen as instrument for poverty reduction and financial inclusion that provide credit services…

Conventional Banks in Nigeria Loses 4.1 Million Bank Customers to Mostly Quick Loan Service Fintech Companies Including Creditcoin.

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Conventional banks appear to be losing customers to financial technology companies (Fintechs). There is an increase in the number of quick loan service and other financial services exclusive to traditional banks now being offered by Financial technology companies like Carbon….

Zenith Bank to Collaborate With Fintech Payment Platforms to Drive Financial Digital Banking in Nigeria.

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Zenith Bank reportedly has started partnering with Fintech companies to drive payment solutions and other financial products to its customers says Ebenezer Onyeagwu, Chief Executive Officer of Zenith Bank Plc.  The new development was disclosed by Onyeagwu during a recent…