In a surprising turn, the Naira strengthened to N1,550/$ in the parallel (black) market this week—its highest gain in recent weeks—reflecting growing confidence in Nigeria’s currency amid increased foreign exchange...
In a landmark moment for West Africa’s financial sector, Guaranty Trust Holding Company (GTCO) has become the first financial services institution in the region to dual-list on both the Nigerian...
After nearly three years of suspended service, Nigerian banks are slowly restoring global access to Naira-denominated debit cards—marking a cautious but significant shift in the country’s FX policy landscape. Leading...
South Africa is undergoing a quiet but powerful payment revolution. According to the newly released 2025 “State of Consumer Payment in South Africa” report by Stitch, in collaboration with research...
After a decade-long absence, Luno, the UK-based cryptocurrency exchange, has officially returned to Kenya—one of East Africa’s most active crypto markets. First launching in 2013 under the name BitX, Luno...
In a bold move to redefine Nigeria’s peer-to-peer (P2P) trading market, Asset Chain, a Nigerian blockchain infrastructure startup, has launched a zero-fee, permissionless Layer-1 blockchain aimed at enabling Nigerians to...
In a landmark development for Africa’s fintech landscape, Nigeria has been ranked the number one country globally for stablecoin adoption in 2025, according to the newly released State of Digital...
In a bold move to bolster Nigeria’s financial sector, the Central Bank of Nigeria (CBN) has activated a new phase of regulatory forbearance, mandating that affected banks suspend dividend payments,...
In a transformative shift set to enhance transparency and end years of institutional conflict, the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have jointly approved a...
Africa’s cross-border payments sector is undergoing a rapid transformation—one poised to redefine the continent’s financial infrastructure. According to a new report by Oui Capital, the market is projected to grow...
