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The Central Bank of Nigeria, which imposed a fine on Paystack for a licensing breach.
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Only one in 20 Nigerians earns above N1m monthly – PiggyVest
TechCabal - Mar 25, 2026
The share of Nigerians earning ₦1 million or more monthly rose to 5% in 2025 from 2% in 2024. Inflation, especially on food, is widening the gap between earning more and living better.
CBNRisevest
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Yesa Announces the Launch of Its Real-Time Payments and Crypto Trading Platform in Nigeria
Techpoint Africa - Dec 11, 2025
Unreliable transactions plague the fintech industry in West Africa, causing delays and failures in payments. Yesa has been launched nationwide in Nigeria to provide a reliable crypto trading and payment platform.
Sigmatx Hub SystemsCBNYesaNairaBlack Sahara
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Banks and fintechs remain wary of Crypto despite new licences
TechCabal - Sep 03, 2024
Nigeria's SEC has issued crypto licenses to Busha and Quidax. Banks and fintechs are still hesitant to engage in crypto-related activities.
CBNQuidaxBushaNigeriaSEC
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Profitable Paga doubles down on mobile app
TechCabal - May 13, 2024
Paga has processed over ₦14 trillion ($32 billion) worth of transactions since inception. The company grew gross profits north of 200% year-on-year.
PagaPoSCBNOpayNigeria
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Moniepoint, Paga to block accounts of customers involved in crypto trading
Techpoint Africa - May 02, 2024
Moniepoint and Paga notify customers of account blocks for facilitating crypto transactions CBN ordered some new banks, including Moniepoint, to stop onboarding new customers
PagaCBNCentral Bank of NigeriaNigeriaMoniepoint
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