“They just show up and look at our books,”fintech executives reveal stricter CBN compliance checks
CEO of a prominent Nigerian fintech startup announces focus on growth and compliance for 2024. Central Bank bans onboarding of new customers for certain fintechs in April 2024.
Next Wave: Mergers and acquisitions require more than financial synergy
Cultural alignment is crucial for successful mergers and acquisitions. Due diligence should include assessments of organizational behaviors and decision-making styles.
Africa Startup Ecosystem Builders Summit 2024 Concludes: 2089 Nominations, 45 Winners Celebrated
ASEB Summit & Awards held from October 1-5, 2024, in Accra, Ghana. Over 2,089 nominations from 44 countries, with 45 winners selected.
Exploring the surge in fraud in Nigeria's burgeoning fintech industry
11,532 fraud cases reported in Q2 2024, up from 11,472 in Q1. Losses from fraud increased from ₦2.9 billion in Q1 to ₦56.3 billion in Q2 2024.
Breaking: Fidelity Bank restores transfers to OPay, Moniepoint, and Palmpay
Fidelity Bank has restored transfers to neobanks OPay, Palmpay, Kuda, and Moniepoint. The reinstatement came after pressure from the Nigeria Inter-Bank Settlement System (NIBSS).
