News

"Binance operations in Nigeria are illegal," SEC reiterates

Over a month after its circular banning the operations of Binance, the Securities and Exchange Commission (SEC) on Friday reiterated that the operations of the global crypto exchange are illegal in Nigeria.

Inside Olu Akanmu's two years at Opay as President and co-CEO

Opay Nigeria has appointed Daudu Gotring, a former CBN director as its Managing Director following the resignation of Olu Akanmu after his two years run at the company.

CBN lifts ban on abokiFX, Bamboo, Risevest and 437 bank accounts

The Central Bank of Nigeria has directed banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies.

TikTok introduces text based feature

The new format for creating text-based content will broaden options for creators to share on the social media platform.

Rwandan digital retail startup Kasha raises $21 million Series B

Rwandan digital retail startup has raised $21 million Series B to enable women’s healthcare services across Africa; beyond its East African base.

Bundle Africa shuts down exchange service to focus on Cashlink

Effective September 2023, Bundle Africa's exchange service will cease to exist, the company says it will focus on its P2P platform Cashlink.

“An App impersonated us,” Sycamore reacts to FCCPC delisting, distances itself from “Get Loan”

Following FCCPC's delisting, Nigerian fintech Sycamore says it was impersonated by a predatory lender named “Get Loan”.