30 results
- 9 Sept 2020
Digital Currency Group Acquires Luno, a Leading Bitcoin and Digital Asset Exchange
Digital Currency Group (DCG), a global enterprise that builds, buys, and invests in blockchain companies, announced the acquisition of Luno, a leading cryptocurrency exchange. Based in London and…
- 10 Jun 2021
CBN may Launch Digital Currency End of 2021 – Official
Central Bank of Nigeria (CBN) on Thursday in Lagos said that its digital currency might be launched by the end of 2021. Pix credit....Makemoney.ng Mrs Rakiya Mohammed, an Information Technology…
- 13 Jan 2017
How Digital Fiat Currency Will Drive Financial Inclusion- eCurrency
Currency as a store of value, unit of account, and medium of exchange has accompanied society since the dawn of civilization and commerce. Fiat currency issued by the central bank under the law and…
- 9 Feb 2021
UN Fingers North Korea in $281m Digital Currency Heist
A preliminary United Nations inquiry into the theft of $281 million worth of assets from a cryptocurrency exchange last September “strongly suggests” links to North Korea. According to industry…
- 12 Dec 2021
Technext Rallies Blockchain Stakeholders on the Future of Digital Currencies @ Africa's Largest Cryptocurrency Gathering in Lagos
Technology news platform, Technext, held the maiden edition of its Technext coinference on Thursday, December 9th at the Pistis Conference Center in Lekki, Lagos. During a Panel session themed "…
- 16 Dec 2016
NDIC, CBN Mull Digital Currency to Battle MMM
Alhaji Umaru Ibrahim, Managing Director, Nigeria Deposit Insurance Commission (NDIC), yesterday said the commission and Central Bank of Nigeria (CBN) had set up a committee to look into the trending…
- 7 Nov 2021
Nigerians Cautious over CBN’s eNaira
Hundreds of thousands of Nigerians have opened digital wallets to hold the eNaira, Africa’s first digital currency, but sceptics warn that broad mistrust of the government could hurt its adoption.…
- 17 Dec 2020
Interswitch Partners Credit Bank on Multi-currency Prepaid Card
Interswitch Group, a digital payment company has collaborated with Kenya’s Credit Bank Plc to launch a multi-currency prepaid card for its African operations, which include Nigeria. The card is aimed…
- 16 Mar 2022
Luno to Support Fintech Founders with Luno Expeditions
Luno, a wholly-owned subsidiary of Digital Currency Group (“DCG”), announces the launch of Luno Expeditions, a global, early-stage investment arm to support the best fintech and crypto/web3 founders…
- 10 Jan 2018
CBN, Experts Say Bitcoin is Dangerous Scam
Central Bank of Nigeria (CBN) has warned Nigerians and financial institutions to stay away from bitcoin and other digital currencies. Experst also said that when bitcoin inevitably crashes,…
- 9 Aug 2026
Interswitch, Temenos Commit to Advancing Nigeria’s Digital Banking Technology
Interswitch Group, an integrated digital payments and commerce company, together with global banking software provider, Temenos have reassured the Central Bank of Nigeria (CBN) of their commitment to…
- 8 Mar 2021
PayPal to Acquire Curv to Further Its Push into Cryptocurrencies
PayPal Holdings Inc. said it will acquire the cryptocurrency firm Curv as it seeks to beef up its talent pool for handling digital currencies. PayPal, which didn’t disclose financial terms of the…
- 23 Jan 2022
DPO Group Secures Licence to Provide Payments Services in Nigeria
One Payment Limited, a subsidiary of the leading Pan-African digital payments group, DPO Group has been granted a licence by the Central Bank of Nigeria to provide certain types of payments services…
- 13 Apr 2021
LUNO Achieves 300% YoY Growth with 7M Customers
Luno, leading global cryptocurrency platform, recently announced that it has reached the momentous milestone of 7 million customers worldwide, just seven weeks after passing 6 million customers. 2021…
- 15 Oct 2017
NITRA: Okere Advocates for Improved FinTech Innovations
As “money is going digital” around the world, with central banks from England to China publicly floating the notion of issuing their own national digital currencies, it has become imperative for…
- 12 Oct 2023
Digital Literacy, Omeife AI App to Interact in Four Nigerian Languages
The Federal Government of Nigeria through the National Information Technology Development Agency (NITDA) has joined the UNICCON Group to launch the digital literacy mobile App and Omeife AI App in…
- 25 Apr 2022
DPO Group Enables USSD Payment Option in Nigeria
African digital payments company DPO Group has added a new form of payment that will allow merchants to get paid by their customers via a USSD code. According to information released to the media,…
- 12 May 2023
Airtel Africa Records Double Digit Revenue, 140M Subscriber Base in 2023 Report
Airtel Africa posted double digit revenue growth of 11.5% in its result of the year ending March 31, 2023 even as it grew customer base by 9.0% to 140million. Olusegun Ogunsanya, chief executive…
- 22 Nov 2021
Appzone to Host Industry Leaders @ the Unveiling of Zone
Captains of industry and leaders from the payment, finance and technology spaces will converge at the prestigious Eko Hotels and Suites on Friday the 10th of December 2021, as Appzone Group,…
- 21 Oct 2018
Quickteller Offers Shopping in Naira, Customs Clearance for Goods
Quickteller, an e-commerce platform of Pan-African integrated digital payments and commerce company, Interswitch Group, has announced the launch of the Quickteller Global Mall. The new service…
- 12 Mar 2020
Authorities Helpless as Crypto-Currency Scams Rock Nigeria
Large scale crypto-currency scams are rocking Nigeria as fraudulent firms claiming to offer digital currencies buffet on Nigerians while monetary authorities and law enforcement agencies appear…
- 24 Aug 2020
Pantami Leads ICT Experts To Virtual 2020 Digital Africa Conference & Exhibition
Dr. Isa Ali Pantami, Minister of Communications & Digital Economy; Prof. Umar Garba Danbatta, Executive Vice Chairman of the Nigerian Communications Commission (NCC); and Mallam Kashifu Inuwa…
- 24 Sept 2025
Paga Expands to US with Digital Banking to African Diaspora
Paga Group, a financial technology company, has expanded its operation in the United States, introducing digital banking services tailored for Africa’s diaspora. Developed in partnership with a…
- 21 May 2025
IFC, Standard Chartered Expand Lending in Local Currencies
IFC, a member of the World Bank Group, has partnered with Standard Chartered to bolster local currency financing for private enterprises in emerging markets. Standard Chartered will provide local…
- 6 Oct 2023
Digital Ad Payments can be Complex, but They Don’t Have to Be
By Stephen Newton, Managing Director for Sub-Saharan Africa, Aleph Group Inc. While paying for digital advertising placements has gotten a lot simpler in recent years, it can still be complex. Anyone…
- 21 Mar 2021
MTN Having Difficulties Repatriating over N106Bn Profit from Nigeria- CEO
MTN group has said that it is yet to repatriate over N106bn about R4.2bn (south African currency) profits made from Nigeria back to South Africa due to the challenge of accessing foreign currency.…
- 25 Oct 2017
Data, Digital Services Drive MTN Revenue in Q 3 of 2017
MTN group's total revenue for the third quarter of the year increased by 6.9%, and group service revenue was up 7.4% due to increase in its data revenue and digital services. According to Rob Shuter,…
- 23 Nov 2021
eNaira: CBN Rallies PSPs, Fintechs to Deepen Adoption
The Central Bank of Nigeria (CBN) yesterday said it was working with key stakeholders in the payment system ecosystem to boost the adoption of its digital currency known as the eNaira. The…
- 4 Dec 2025
Afreximbank Taps Nigeria to Lead Africa’s Digital Trade Revolution
Yemi Kale, Afreximbank’s Group Chief Economist, yesterday said that Nigeria is positioned to drive Africa’s transition into a digitally enabled trade ecosystem, arguing that the country’s demographic…
- 4 Nov 2021
Africa’s Payment Space Absorbs COVID – 19 Impact, Returns to Growth
Globally, as well as in Africa, the payments industry suffered a much-smaller-than-anticipated impact from the COVID-19 crisis and has returned to growth with renewed momentum, according to a new…