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Paga Founder and Group CEO, Tayo Oviosu

Visa, Paga partner on innovative payment solutions

Nigerian fintech company, Paga, and global payments technology company, Visa, have announced a strategic partnership in accelerating secure and convenient mobile payments for merchants and consumers.
Aliko Dangote, president of the Dangote Group and chief sponsor of the Dangote Foundation, says he wants to be like Bill Gates and try to give a chunk of his wealth to charity in the next few years.

Aliko Dangote remains Africa’s wealthiest person, Mike Adenuga, Abdulsamad Rabiu among top 20

For the ninth year in a row, Aliko Dangote of Nigeria has been declared as the wealthiest person in Africa, with an estimated net worth of $10.1 billion.
Mary Uduk - The Securities and Exchange Commission (SEC) has urged investors with multiple shareholding accounts to regularise such before December 31, 2019.

SEC: Market regulation now more efficient with technology

The Securities and Exchange Commission, SEC, has said that regulation of the market in a technology-driven era is now more efficient and that is why it is stepping up its use in regulation to ensure that investors in the capital market are adequately protected.

NDIC warns operators against disclosing customers’ financial data, status

The Nigeria Deposit Insurance Corporation (NDIC) has warned financial technology (Fintech) operators against disclosing their customers’ financial details without appropriate permission.
Nigerian founder Sim Shagaya is back with a new startup — uLesson — that has raised a $3.1 million seed round led by TLcom Capital. 3

Konga founder Sim Shagaya raises $3.1 million for new venture

Sim Shagaya, Nigerian founder of e-commerce platform Konga, is back with a new startup — uLesson — that has raised a $3.1 million seed round led by TLcom Capital.

NAICOM: Insurance firms’ total assets hit N1.3 trillion

The total asset of 58 insurance companies as at 2018 stands at N1.3 trillion, Acting Commissioner, National Insurance Commission (NAICOM), Mr Olorundare Sunday Thomas has said.
Lidya

Nigeria’s Lidya plans $1.1 billion SMEs loans for Czech, Poland

Nigerian fintech lending platform, Lidya, is targeting Poland and the Czech Republic for expansion after providing thousands of loans in Nigeria, seeing an opportunity in the funding gaps facing small enterprises in fast-growing European economies.
Nigeria’s Vice president Yemi Osinbajo has debunked rumours stating he has resigned his position as the nation’s vice president.

VP Osinbajo: Digital technology will change face of agriculture in Africa

Vice President Yemi Osinbajo says that digital technology and its application will change the face of agriculture in Africa.
Phone SMS is used for more than just text messaging in Africa

Experts: Mobile phone triggers fundamental shift in financial services

Mines Nigeria Ltd., a telecom, media and tech business company, on Tuesday, said that mobile phones had triggered a fundamental shift in financial services.

Expert seeks government’s support to promote financial inclusion

Dr Segun Aina, President, Fintech Association of Nigeria and Africa Fintech Network, has called for more government support to promote financial inclusion.
Lagos State Governor-elect, Mr. Babajide Sanwo-Olu, has expressed joy over the launch of the Microsoft Africa Development Centre in Lagos.

Microsoft Africa development centre excites Babajide Sanwo-Olu

Lagos State Governor-elect, Mr. Babajide Sanwo-Olu, has expressed joy over the launch of the Microsoft Africa Development Centre in Lagos.

Central bank to implement new collateral management regime

The move is in line with ongoing efforts to evolve a robust collateral management regime which would be proportionate to transactional level of participants within the payment system.
Atiku Abubakar

How Atiku Abubakar will lose February 16 election

Get this straight: Atiku Abubakar will lose the presidential election on February 16. I’m not Rev. Father Ejike Mbaka or one of the tongue-in-cheek seers whose predictions you’ll be struggling to figure out after dropping your offering in the bag at midnight of December 31.
Mary Uduk

SEC: Technology vital to capital market development

The need for urgent embrace of technology to take the nation’s capital market to the next level has been reinforced by the Acting Director General of the Securities and Exchange Commission (SEC), Mary Uduk, who said the government will invest approximately to make Nigeria more globally competitive.
Mary Uduk

Technology, key to reducing cost at capital market – SEC chief

Acting Director General of the Securities and Exchange Commission (SEC), Mary Uduk, has said that technology, when properly leveraged, will reduce the cost of doing business at the capital market.
Vice President Yemi Osinbajo

Digital economy: Yemi Osinbajo calls for Africa-Europe synergy

Africa and Europe must work together to advance and harvest the economic benefits of digital economy, and also prevent a counter-productive widening of the digital gap, Vice President Yemi Osinbajo has said.
Dr Herbert Wigwe, Managing Director of Access Bank Plc

Herbert Wigwe: Fintech will transform financial services

Dr Herbert Wigwe, the Managing Director of Access Bank Plc., says Fintech in a few years, will change the face of financial services as the next big thing in Africa.
Mary Uduk

SEC: Financial Inclusion’ll aid economic growth

The Securities and Exchange Commission (SEC) has restated its desire to pursue initiatives that would aid financial inclusion of Nigerians as this is capable of growing the nation’s economy.

Recent Stories

Bill Gates: America missed opportunity to stay ahead of coronavirus

The novel coronavirus has infected more than 1,016,000 people and killed over 53,000 worldwide, according to Johns Hopkins University.
Veteran Actor, Yinka Quadri, has urged Nigerians to take the fight against COVID-19 as a collective responsibility of all and not to be left for government alone.

Yinka Quadri: Fight against coronavirus should be collective responsibility of all

Veteran Actor, Yinka Quadri, has urged Nigerians to take the fight against COVID-19 as a collective responsibility of all and not to be left for government alone.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police burst syndicate posing as health officials, selling unhygienic sanitisers, others

Operatives of the Anambra State Police Command have arrested members of a four-man gang posing as officials of the Ministry of Health in their bid to sell unhygienic sanitisers in the state for the prevention of Coronavirus Disease.

Lockdown: Security agent kills 28-year-old man in Delta

The Delta State Government has called for an investigation into the alleged killing of a 28-year-old man, Joseph Pessu, in Warri on Thursday by a security agent.
Olumide Oyedeji has stated that the consideration of Nigerian athletes by the International Olympics Committee to continue to be beneficiaries of grants is a great relief for Nigerian athletes who will have some funds of their own to continue preparations towards the Olympics games next year.

Olumide Oyedeji: IOC grants great relief for Nigerian athletes

Olumide Oyedeji has stated that the consideration of Nigerian athletes by the International Olympics Committee to continue to be beneficiaries of grants is a great relief for Nigerian athletes who will have some funds of their own to continue preparations towards the Olympics games next year.