Director General, National Information Technology Development Agency (NITDA) Kashifu Inuwa Abdullahi, has called on financial institutions to increase lending access for Small and Medium Enterprises (SMEs) especially Startups in the Financial Technology (FinTech) ecosystem in order to promote financial inclusiveness in the country.
While the rapid adoption of cryptocurrencies may be likely in Africa — given the continent’s high inflation rates, volatile currencies and underdeveloped banking — regulators are holding back its growth, a new report has found.
Leading financial Technology organization in Nigeria, OPay, has announced it will be committing more than N50 million in its initial efforts in providing relief support for less privileged Nigerians and front-line medical workers as the country continues to battle the Covid-19 pandemic.
Fintech startups Flutterwave and Piggyvest have been listed among the Essence Best in Africa Honorees.
In February, the Lagos state government in what would continue to be seen as an historic event, announced ban of activities of Technology powered Transportation organizations.