5+ day, 8+ hour ago  (778+ words) On July 1, 2026, the way millions of Nigerians interact with digital finance changed for good. Without much public fanfare, the Central Bank of Nigeria’s mandatory CBN device binding rule went live, forcing a quiet rewrite of the country’s mobile banking playbook....

5+ day, 5+ hour ago  (597+ words) Interswitch has returned to profitability, posting a pre-tax profit of N23 billion in 2025 after recording a N1.6 billion loss the previous year. This is a significant turnaround for one of Africa’s most recognisable fintech companies and a signal that the business has…...

1+ week, 4+ day ago  (912+ words) Only 6% of Nigerians say they feel financially secure. That number comes from the Piggyvest Savings Report 2025, a survey of more than 26,000 people across all six geopolitical zones, and it sits alongside another 6% from a completely different source. Yet, Credit Direct’s…...

2+ week, 3+ day ago  (873+ words) Viewed individually, each circular addressed a specific issue. Taken together, they reveal something bigger. The CBN is moving towards a financial system where institutions are expected to prove compliance continuously rather than periodically, prevent fraud before it happens instead of…...

4+ mon, 4+ day ago  (1127+ words) Somewhere in Lagos, Nigeria, a man is handing over ₦35,000 to collect ₦20,000 in mint notes. He is not being robbed. He is getting ready for a party. That is what it costs now to participate in one of the most recognisable…...

5+ mon, 3+ week ago  (359+ words) The Central Bank of Nigeria (CBN) has upgraded the licenses of several major fintechs and microfinance banks, including Opay, Moniepoint, and Kuda, giving them full national operating status. Yemi Solaja, the director of the Other Financial Institutions Supervision Department at…...