Compared to the global standard of five to six hubs, moving money between Nigeria and China or Singapore can require navigating through up to 16...
Nigeria’s central bank wants more citizens to use its digital currency. To that end, the bank’s acting governor, Folashodun Adebisi Shonubi, tweeted Wednesday (July 26) that the Central...
Flutterwave has launched a product to help African students pay school fees when studying abroad and at home. The new payment product, Tuition, will enable African users...
In 2019, Meta CEO Mark Zuckerberg said it was time to simplify money movement and make sending money to someone as easy as sending a...
Nigeria’s securities regulator says a company called Binance Nigeria Limited is operating illegally in the country. Binance, the world’s largest cryptocurrency exchange, tells PYMNTS this...
Each country implementing real-time payment methods has to balance various factors, including its banked population, the current favored payment schemes of the populace and penetration...
Nigeria-based B2B eCommerce firm Sabi has raised $38 million in Series B funding. This funding round values the company at $300 million, TechCrunch reported Friday (May 19). Sabi...
Nigerian mobile companies are reportedly halting text services to banks over a $259 million bill. The firms are set to disconnect the Unstructured Supplementary Service...
Nigeria’s Nomba has raised $30 million to move payments from the “generic” to the specific. “Despite the growth in digital payments across Africa, most businesses...