Opay App Update: Users Rejoice Over N9,999 Transfer Option
A Nigerian Opay user sparked online excitement after noticing a new N9,999 transfer option in the app. See the viral reactions and what it means for digital banking in Nigeria.
Category : Search result: fintech growth
Flutterwave Buys Mono to Boost Open Banking
Flutterwave has acquired open banking pioneer Mono. The deal aims to build a connected financial system for Africa, enhancing payments, data access, and security. Discover the future of fintech.
OPay's N9,999 Transfer Feature Aids Nigerians on Tax
Nigerians celebrate as OPay adds a N9,999 transfer option to help users avoid new electronic tax charges. See user reactions and expert analysis on the fintech's market move.
Afrinvest's Optimus Platform Rebrands as PlutusNeo
Nigerian investment giant Afrinvest has rebranded its digital platform Optimus to PlutusNeo, marking a new phase in its digital strategy for inclusive wealth creation. Discover the future of investing.
OPay's N9,999 Transfer Eases New Tax Burden for Nigerians
A Nigerian man's discovery of a new OPay transfer option for N9,999 has gone viral, helping users navigate the new tax law. See how this fintech innovation is saving money.
229 Bank Branches Closed as PoS Takes Over in Nigeria
Nigerian banks closed 229 physical branches in 2024 as digital banking booms. PoS transaction volume jumped 33%, while 1.8 million operators face a registration deadline. Discover the full story of Nigeria's banking transformation.
Nigerian Lady Laments OPay's N4k Interest on Yearly Savings
A Nigerian entrepreneur saved N1,000 daily on OPay throughout 2025, expecting substantial interest. She was shocked to receive only N4,000. Read her story and see expert reactions.
AI Will Reshape Cross-Border Payments in Africa, Says Fintech CEO
Omolade Samuel Oke, CEO of Internopay, details how AI and CBDCs will transform Africa's financial landscape, enabling seamless cross-border trade and true inclusion. Discover the future of fintech.
Akufada MFI Bags Digital Transformation Award at Nexus 2025
Akufada Microfinance has been honoured with the Digital Transformation Pioneer Award at the Nexus 2025 Awards for its bold shift to digital platforms, setting a new benchmark in Ethiopia's financial sector. Discover how they are empowering communities.
Bluebulb Wins Finance Excellence Award at 2025 PBN Awards
Bluebulb, a cross-border payments fintech, has won the Finance Excellence Award at the 2025 PBN Awards. The award recognises its work in removing barriers for African businesses in global trade. Read more about this achievement.
PalmPay Purple December Week 3 Winners Announced
PalmPay's Purple December campaign celebrates its third week, with winners like iam_rachyluv taking home prizes. The focus shifted to the fintech's international milestones, building user pride. The grand finale with a Christmas video challenge is next.
Opay Debunks N5,000 Christmas Giveaway Claim
Opay has officially denied a viral social media claim about a N5,000 Christmas giveaway. The fintech warns users against scams and shares vital security tips. Read more to stay safe.
Chinese Dragon in Nigeria's Digital Wallet Sparks Security Alarm
With over 50 million users, Chinese-owned fintechs like OPay dominate Nigeria's street economy. Experts warn of data sovereignty risks and urge CBN action. Read the full analysis.
OneDosh Launches Borderless Payments in US and Nigeria
OneDosh launches its cross-border payments platform in the US and Nigeria, using stablecoin tech for instant, low-cost international transfers. The service is live in 49 US states, with New York coming soon.
Wema Bank Hackaholics 6.0 Awards N120m to Tech Talents
Wema Bank's Hackaholics 6.0 has empowered young Nigerian innovators, awarding N120 million in cash prizes. Discover the winners and the bank's commitment to STEM and youth development.
Traders Fair 2026 in Lagos: Free Registration Open
Lagos prepares for Traders Fair 2026 on April 10. Join top finance experts for seminars on Forex, Stocks, AI, and networking. Free entry at Lagos Continental Hotel.
Parallex Bank Leads Nigeria's Digital Banking Renaissance
Dr. Olufemi Bakre, MD/CEO of Parallex Bank, outlines the bank's pivotal role in shaping Africa's digital banking future. Discover his leadership philosophy and the bank's growth trajectory.
OmniPay Launches Solutions to Ease Supply Chain Pressure
OmniPay has launched new payment tools and honoured key distributors at its first gala night, reaffirming its commitment to supporting Nigeria's supply chain against economic challenges. Discover the new features.
OHMS Capital Pioneers Financial Innovation in Nigeria
Discover how OHMS Capital is transforming Nigeria's investment landscape with data-driven fintech, blockchain ventures like WePairYou, and major agribusiness focus. Learn their growth strategy and vision for Africa.
CAC to Report Fintech Firms to CBN Over PoS Operators
The Corporate Affairs Commission warns it will place OPay, Moniepoint, Palmpay on a watchlist and report them to the CBN for enabling unregistered PoS agents. New deadline set for January 2026.
CAC: POS Operators Must Register by Jan 1, 2026
The Corporate Affairs Commission has set January 1, 2026 as the final deadline for all POS operators to register. Unregistered terminals will be seized, and enabling fintechs reported to CBN. Act now to comply.
CAC: Unregistered POS Terminals Face Seizure from 2026
CAC orders all PoS operators to register by Jan 1, 2026, or face seizure. Fintechs enabling illegal transactions will be watchlisted. Full compliance is mandatory.
Nigerian Fintech Herconomy Dominates Eurobest Awards 2025
Herconomy's innovative Breastmilk Money Account secures four major awards, including the Grand Prix, at Eurobest 2025, showcasing Nigeria's global impact in fintech and maternal support. Read the full story.
Oshiomhole's OPay, Moniepoint Accounts Hacked
Senator Adams Oshiomhole recounts his ordeal with hackers who siphoned funds from his fintech accounts, calling for stricter regulations. OPay responds to shutdown rumours.
OPay Wins Double at Tech Innovation Awards 2025
OPay Nigeria scooped Fintech Company of the Year and Best Fintech in Cybersecurity at the 2025 Tech Innovation Awards. Read about their commitment to secure digital finance.
Senator Natasha: Nigerian Youths Earn 50 Cents, US Gets $30
Senator Natasha Akpoti-Uduaghan reveals Nigerian content creators earn 50 cents for work fetching $30 in the US. She demands fairness in financial reforms. Read more.
Verve Issues 100 Million Payment Cards Across Africa
Verve International celebrates issuing 100 million payment cards, a landmark for Africa's digital economy and financial inclusion. Discover how this homegrown brand is reshaping payments.
Nigeria's Cyberattacks Jump Over 1000% in Q3 2025
A new report reveals Nigerian firms faced a record 1,047% surge in cyberattacks last quarter, with stolen employee logins now the primary threat. Learn how businesses can defend themselves.
MTN Releases N100m to 20 Nigerian Startups
MTN Nigeria has disbursed N100 million to 20 innovative startups in Lagos through its Cloud Accelerator programme, offering funding, mentorship, and access to its vast network to boost scaling.
Cyber Attacks in Nigeria Jump Over 1,000% in Q3
Data breaches in Nigeria surged 1,047% in Q3 2025. Hackers now use stolen credentials, not software flaws. Experts urge stronger identity controls to combat this new threat.
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