Omoleye Omoruyi

Omoleye is a storyteller, apprentice web/game developer, who’s journalism journey is a lesson
Fintech

How OnePurze’s 20-country launch exposes the regulatory realities of cross-border fintech

OnePurze’s expansion across 20+ countries highlights the regulatory hurdles facing African fintechs. From CBN rules to BCEAO and Bank of Ghana mandates, partner licencing remains the key to cross-border settlement.

Telco

The ₦7T illusion: How infrastructure failure, not economic growth, drives Nigeria’s mobile data boom

Operators recorded an astonishing 155,397 fibre-optic cable cuts during April and May 2026 alone, an average of about 2,500 physically severed lines every day.

Spotlight

Inside Virgua: The Nigerian safety app turning smartphones into life-saving tools

Franklyn Eluagu built a decade-long career convincing people to trust things they hadn't seen. Now he's betting that same instinct on a personal safety app for Nigeria.

News

20 years after, Remita launches consumer super app to bring banking, investing and payments into one place

The app allows users connect and monitor accounts from different banks on one screen.

News

FairMoney fully redeems ₦5.86B Series 6 Commercial Paper

The Series 6 note was issued on December 23, 2025, carrying a 269-day tenor and a discount rate of 19.48%.

Fintech

Inside the compliance sprint that reshaped Nigeria’s fintech sector

Nigeria cleared the full 19-point plan and exited the FATF grey list in October 2025 but the CBN has maintained regulations that directly affect fintechs.

Analysis

The AI boom is making smartphones less affordable for Africans

AI data centres have snapped up the world’s memory. Across Sub-Saharan Africa, the bill is arriving as a phone few people can buy.

News

How a web of fake FRSC domains attempts real-time OTP theft to drain Nigerian accounts

FRSC statement names frscgov.top directly, states the domain has no affiliation with the Corps, and directs the public to the official FRSC website and the toll free line 122.

News

Dangote Refinery tokenised IPO draws ₦9.25M onchain in the first 24 hours, data shows

Buyers now hold 17,618 shares roughly 2.3% of the 761,905 tokens minted so far, according to Afriflux’s live dashboard.

Fintech

How FairMoney’s 30M users stand against Nigeria’s oldest banks

FairMoney’s rise to 30 million registered users shows how quickly Nigeria’s financial landscape is changing. 

News

TLG Capital backs Drive45 with $3 million to expand mobility across Nigeria

The deal combines TLG's private credit with a guarantee from Cascador, delivered in partnership with Morgan Stanley.

Startups

UfarmX wants to prove that African farmers are more bankable than banks believe

UfarmX is using farmer data, credit scoring and insurance to unlock financing for smallholder farmers and boost agricultural productivity across Africa.