Explainer

Tinubu ₦50,000 grant: How to check eligibility and receive the government payment

Find out how to check eligibility and receive Tinubu's ₦50,000 NERSI grant.

News

Safaricom names Boniface Mungania as CFO

Safaricom has confirmed Boniface Mungania as its Chief Financial Services Officer, effective November 1, 2026. He has held the role in an interim capacity since July.

Crypto

CBN’s new crypto rules put a ₦15bn price tag on issuing dollar stablecoins in Nigeria

Nigeria's new CBN rules set a ₦15bn minimum capital requirement for companies seeking to issue dollar-referenced stablecoins in the country.

Consumer Tech

What it takes to place your first Temu order in Nigeria: A step-by-step guide

Learn how to shop on Temu in Nigeria, choose products, make payments and track your first order from checkout to delivery.

Fintech

Yellow Card acquires GoMoney to open direct operations in Brazil

Yellow Card has acquired GoMoney, a Brazilian virtual asset service provider, to set up direct operations in Brazil. GoMoney’s full central bank authorisation is still pending.

Fintech

Chinese regulator questioned OPay before $304m US IPO withdrawal – report

A report suggests that regulatory inquiry from China may have influenced OPay to withdraw its planned NYSE IPO.

Fintech

Nigerian financial institutions face cyberattacks as industry remains largely silent

A wave of cyberattacks have hit Nigerian financial institutions as AI accelerates speed for bad actors.

News

Canva slashes 22% of jobs to restructure company 

Canva says 1,271 people will be affected by a restructure that changes roles, moves some staff to hubs and ends some jobs. Here is what it could mean for Africa.

Consumer Tech

Shopping on Temu: How to separate good deals from costly mistakes before adding products to your cart

Shopping on Temu comes with risks. Learn how to assess product quality, read customer reviews, spot misleading discounts and avoid costly buying mistakes.

News

Zepz appoints Steven Eisenhauer as chief risk and compliance officer

Zepz, parent company of WorldRemit and Sendwave, appoints Steven Eisenhauer as Chief Risk and Compliance Officer.

News

NALA hires former TerraPay executive Ashraf Aly as global head of compliance and risk

Ashraf Aly, who most recently led compliance at TerraPay, has joined NALA as Global Head of Compliance & Risk. He will oversee compliance across NALA, Rafiki and its MLROs in the UK, EU, US and Canada.

Fintech

Grey secures IMTO licence as Nigeria’s remittance sector gets new competition

Grey has secured an International Money Transfer Operator licence from the CBN. It joins a field that has grown from under 15 operators in 2016 to over 100.