Featured

July 19, 2023

Nigeria’s Agent Banking Association Says It Will Move Ahead With Price Hike as Fintechs Consider Legal Action

The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) declared last month that they will raise the fees for cash withdrawals. Before the planned rise, the fee for withdrawals under $5,00...

Finance

June 30, 2023

PalmPay Set to Start Savings Plan With 20% Interest After Hitting 25M Nigerian Users

PalmPay, a leading Africa-focused fintech platform, is set to introduce a savings service that will offer a 20% annual interest savings plan available to all customers this week. The statement wa...

Technology

March 25, 2023

CBN denies suspending Opay and Palmpay - Fake News

According to Isa AbdulMumin, the Acting Director of Corporate Communications at CBN, the news that has gone viral about the suspension of Fintech companies' accounts is false. The news had attributed ...