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BD Insider 178: Moniepoint enters Nigerian retail banking market

The fintech company is rolling out a consumer app and debit card that will enable personal banking transactions.
6 minute read
BD Insider 178: Moniepoint enters Nigerian retail banking market
Photo: A customer validating a transaction on a Moniepoint PoS machine

It’s official! CcHUB co-founder and CEO Bosun Tijani is now Nigeria’s communications, innovation, and digital economy minister. His ministerial portfolio was announced on Wednesday by the Nigerian government.

In his new role, Tijani will drive policies enabling the ICT sector’s growth; the sector accounted for 17.47% of the country’s GDP in the first quarter of this year. “I look forward to working with all stakeholders to raise the level of productivity across our economy through the smart application of technology,” Tijani said.

Across Africa, CcHUB which was founded in 2010 has a network of more than 1100 startups that can trace their roots to the hub’s innovation-focused programs and interventions, more than 7,300 direct jobs created by its portfolio companies, over 35,000 indirect jobs have been created by portfolio companies through their value chain, more than $10,000,000 invested in direct startups by CcHUB and over $150 million in external funding attracted by the startups in their portfolio.

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Last updated: December 20, 2024

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