1+ hour, 42+ min ago   (1614+ words) For decades, Nigeria’s tax authority relied on companies to report their sales months after transactions had taken place. Now it wants to monitor business activity in real time. Through a nationwide e-invoicing system, every qualifying invoice—a commercial invoice that…...

3+ hour, 14+ min ago   (1082+ words) While rivals race to deploy millions of payment terminals across the country, the digital lender has deployed about 100,000 devices and says it is deliberately targeting merchants whose payment histories can eventually become lending opportunities. “We are not necessarily targeting like…...

2+ day, 7+ hour ago   (1197+ words) That said, there’s an important announcement: we’re still collecting responses from African tech workers for our upcoming State of Salary report. If you work in tech on the continent, please take a few minutes to fill out our survey. The…...

3+ week, 2+ day ago   (217+ words) Verve International, Africa’s leading payment cards and digital solutions brand, is accelerating its expansion across Africa while strengthening its global acceptance footprint through strategic partnerships with leading digital platforms, reinforcing its role as a key enabler of digital payments and…...

4+ week, 41+ min ago   (884+ words) For many years, conversations about financial services in Nigeria focused primarily on banks, branches, and transactions. Today, that conversation is changing. Payments are no longer viewed as standalone services; they have become a critical part of the infrastructure that powers…...

1+ mon, 3+ week ago   (427+ words) Nigeria’s central bank has expanded the permitted operating radius for Point of Sale (PoS) terminals from 10 metres to 70 metres after concerns that the original restriction was too rigid for agents and merchants. In a May 29, 2026 circular, the CBN also extended…...

3+ mon, 23+ hour ago   (448+ words) M-TIBA, a mobile health platform run by Kenya-based healthtech startup CarePay, is shutting down its My Health Funds (MHF) wallet that lets customers set aside money specifically for healthcare. On April 8, users began receiving refunds directly into their M-PESA wallets…...

3+ mon, 3+ week ago   (263+ words) Moniepoint Inc., a Nigerian business-banking unicorn, has completed its acquisition of a 78% stake in Kenya’s Sumac Microfinance Bank, ending a multi-year effort by the Nigerian fintech to secure a foothold in East Africa’s largest economy. The deal was finalised on…...