Joseph Olaoluwa Olaoluwa

Egyptian fintech, Money Fellows eyes North Africa with $13M funding boost

North Africa is increasingly becoming an attractive market for digital financial services, driven by high mobile phone penetration and a growing tech-savvy population.

Joy is coming for MTN shareholders

"It is a focus area for the entire organisation to restore shareholder capital so we can return to the declaration of dividends in the shortest time possible." Karl Toriola, MTN Nigeria’s CEO said

MTN Nigeria returns to the black with ₦133.7 billion Q1 profit, first since 2023

Fintech revenue grew to ₦36 billion, driven by the strong performance of the airtime lending product (Xtratime) and higher float income in that aspect of the business.

EXCLUSIVE: Access Holdings shifts to consolidation phase after expansion drive

This strategic pivot is intended to address concerns among some shareholders and analysts who, despite the bank's significant expansion, have deemed its stock undervalued.

Legend Internet debuts on NGX, seeks ₦150 billion for fibre rollout

"Our growth thesis is simple: Nigeria's broadband future sits in the last mile. It is critically underserved, but Legend has built a sustainable and well-positioned model to lead the change," Aisha Abdulaziz, chief executive officer (CEO) of Legend Internet said.

Access Bank sets 2025 finish line for $100M acquisition of KCB unit

“My expectation is that before the end of the third quarter, we should see significant progress made on the NBK transaction. Without a doubt, it will be a 2025 play,” Ogbonna stated

BREAKING: UBA posts 33% rise in Q1 2025 profit as interest income surges

UBA is currently progressing with its equity capital raise program targeting up to ₦400 billion

Nigeria’s beloved Jollof Rice costs soar, reflecting inflation crisis

The rising cost of a staple dish like jollof rice serves as a tangible illustration of the economic pressures facing Nigerian households

BREAKING: Access corp’s fintech arm, Hydrogen, reports 10x profit surge

This represents an almost tenfold increase compared to the ₦161 million profit recorded in 2023.

BREAKING: Moniepoint launches remittance product

“We are using pricing as a pull factor. We want people to try the product because it’s affordable and stay because it works,” said Moniepoint’s CEO, Tosin Eniolorunda

Nigeria’s inflation accelerates to 24.23% post-rebasing

Headline inflation increased to 24.23% in March, up from 23.18% in February 2025, reflecting a balance between moderating and upward pressures.

“If you’re not registered with SEC, you’re illegal,” Nigerian govt to fintechs

The desire to fast-track digital asset licensing and registration is slowly becoming a core mandate for Agama in 2025.