CBN revokes licences of NowNow, Sycamore, Creditville, OurPass and Casha Microfinance Banks

The Central Bank of Nigeria has revoked the operating licences of 46 microfinance banks, including fintech-linked NowNow, Sycamore, Creditville, OurPass and Casha.

EXCLUSIVE: Muva Networks, founded by ‘Ajebutter’, secures Nigerian remittance (IMTO) licence

Muva Networks, the fintech founded by Nigerian entertainer and entrepreneur, processed $200 million last year. More in this Condia exclusive chat with Ajebutter.

Chaka rebrands to Hisa

Chaka and Hisa apps have merged into one 'Hisa' app. Existing portfolios are maintained, with users told to expect improved services.

Popular UK bank, Monzo launches remittance to Nigeria

Monzo now supports payouts to Nigeria, through its partnership with Wise. What does the future hold for African remittance operators?

11 African stablecoin-focused startups that raised money in H1 2026

These are the African stablecoin-focused startups that attracted investor funding in the first half of 2026 as digital dollar infrastructure gained momentum across Africa.

Here is the reason CapitalSage acquired Chimoney to build the Africa–Canada payments corridor

CapitalSage has acquired Chimoney weeks after its shutdown announcement. The deal gives CapitalSage a regulated Canadian payments infrastructure foothold and accelerates its Africa–Canada corridor ambitions.

Raenest to allow Nigerians buy SpaceX shares at IPO

Raenest set to enable Nigerians access SpaceX IPO at launch via its US stocks feature. Eligible users can own a piece for as low as $2.

Stanbic’s Zest Payment hires Kemi Okusanya from Access’s Hydrogen as CEO

Stanbic IBTC has hired the CEO of Access Bank’s fintech subsidiary to lead its fintech arm, Zest Payments.

Busha is now a hybrid of digital and traditional finance

Busha has transitioned from a regular crypto exchange to a hybrid of traditional and digital finance

Flutterwave boosts workforce with over 100 promotions and salary adjustments

Flutterwave has promoted over 100 employees this year and adjusted salaries to match economic realities

All you need to know about the Brass-Paystack MFB transition

This deep dive first explains the process of migration, before unpacking why it happened and revealing the broader Paystack group strategy for fintech dominance.

Anchor allows AI agents to build on its infrastructure, following MCP server launch

Anchor's MCP launch stands out in a market that favours conservativeness over innovation.