Home Topics FinTech

FinTech

EqkQsrXXIAMvuMl

Nigerian president: How we will tackle insecurity this year

Insecurity, one of the vexed issues in Nigeria currently was one of what President Muhammadu Buhari spoke on today in his national broadcast. He vowed to reorganize the security apparatus in order to be able to tackle insurgency, banditry, kidnappings, piracy and other crimes.
President Buhari has assured that his administration will look into the 12-point recommendations by graduates of National Institute for Policy and Strategic Studies (NIPSS) on Population Growth and Human Capital Development in Nigeria.

Nigerian president promises to secure youths’ future

President Muhammadu Buhari used his New Year speech on Friday to once again make promises to Nigerian youths to bequeath to them a nation in which their future is secured.
President Muhammadu Buhari, on Friday, said the Federal Government would engage the services of members of the National Youth Service Corps to champion the implementation of the Sustainable Development Goals 2030 at the grassroots.2

President Buhari’s New Year broadcast — full text

President Muhammadu Buhari in a speech on New Year’s Day recommits himself to serve the nation, promises to develop Nigerian youths and re-organise the police and the armed Forces to make them proactive.
Nnamdi Okonkwo, the managing director of Fidelity Bank, has been named the banking sector CEO of the decade at the recently held BusinessDay Banks and Other Financial Institutions (BAFI) Awards.

Fidelity boss named banking sector CEO of the decade

Nnamdi Okonkwo, the managing director of Fidelity Bank, has been named the banking sector CEO of the decade at the recently held BusinessDay Banks and Other Financial Institutions (BAFI) Awards.

Nigerian government seeks new Eurobond

On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021.
Nigeria-based fintech solution, NowNow, has said that it will continue to upgrade its services to attune to current realities, such that will drive economic and social growth.

Firm restates commitment to enhance financial inclusion

Nigeria-based fintech solution, NowNow, has said that it will continue to upgrade its services to attune to current realities, such that will drive economic and social growth.
Minister of Information and Culture, Alhaji Lai Mohammed

Why Nigerian government is repackaging social intervention programmes – minister

The Federal Government says it will repackage its social intervention programmes to ensure it reached more people at the grassroots.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN, NCC urged on Fintech talent survey

Fintech specialists and other stakeholders have tasked the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) to conduct a talent needs survey to bridge the skills gap.
LCFE’s Managing Director and Chief Executive Officer, Mr Akin Akeredolu-Ale, confirmed the plan at a programme to commemorate the 2020 World Investment Week (WIW) which focuses on financial literacy.

Lagos commodities exchange targets 10 million youth for empowerment

Barring unforeseen circumstances, the newly licenced Lagos Commodities and Futures Exchange (LCFE) is targeting no fewer than 10 million Nigerian youths for empowerment as commodities traders under its proposed seamless capacity building.
The Senior Vice President, Product Management, Digital Payments and Labs, Middle East and Africa, Gaurang Shah, Mastercard, has said the Small and medium enterprises (SMEs) segment of the economy has been terribly hit by Covid-19 pandemic.

MasterCard: SMEs terribly hit by pandemic

The Senior Vice President, Product Management, Digital Payments and Labs, Middle East and Africa, Gaurang Shah, Mastercard, has said the Small and medium enterprises (SMEs) segment of the economy has been terribly hit by Covid-19 pandemic.

SEC: Digital assets classification to protect investors

The Securities and Exchange Commission (SEC) has said that the recently released SEC Statement on Digital Assets and their Classification and Treatmen is aimed at boosting investors’ protection in the capital market.
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.

Recent Stories

Coronavirus: PTAD postpones resumption of walk-in verification for pensioners

“Pensioners under the civil service pension department (CSPD); the police pensions department (PPD); the customs, immigration prisons pension department (CIPPD); and parastatal pension department (PaPD) will be affected by this suspension,” it said.
Arsenal legend, Freddie Ljungberg, believes Mesut Ozil is still an excellent passer of the football.

Arsenal midfielder Mesut Ozil set to join Fenerbahce

Ozil was not registered in Arsenal's Premier League and Europa League squads this season and has been free to talk to other clubs since the beginning of January with his Gunners deal expiring in the summer.
The Lagos State Universal Basic Education Board, LASUBEB, has released the lists of Primary Six Pupils for placement into public Junior Secondary Schools (JSS).

Parents canvass two shifts system in schools to forestall coronavirus spread

A cross-section of Enugu parents, on Saturday, advocated two shifts for academic activities in primary and secondary schools, reduce overcrowding and thus wide-scale transmission of COVID-19 within schools.
Gombe State Governor, Muhammadu Inuwa Yahaya has assured that payment of the N30,000 minimum wage will be resumed this January having been suspended due to the negative effect of the covid-19 pandemic.

Governor Inuwa: Gombe’ll resume payment of N30,000 minimum wage end of January

Gombe State Governor, Muhammadu Inuwa Yahaya has assured that payment of the N30,000 minimum wage will be resumed this January having been suspended due to the negative effect of the covid-19 pandemic.
The new ‘The Village Headmaster’ is expected to start airing in April 2021.

9ice, Jide Kosoko join Akin Lewis, Ibidun Allison, others in ‘The Village Headmaster’

Months after it was announced that the Nigerian Television Authority and Wale Adenuga Productions had embarked on a ground-breaking partnership to revive the iconic TV drama series, ‘The Village Headmaster’, it was recently announced that the recording stage of the first season had been successfully-concluded, and the promotional trailer had started airing across Nigeria.