fintech

The Digest: Senator Adams Oshiomhole has transformed a personal violation into a legislative push. Citing his own experience of having his account hacked through platforms like OPay and Moneypoint, the former Edo governor called for stricter parliamentary oversight of fintech companies...

The Digest: MTN Nigeria’s fintech division has emerged as a financial powerhouse, generating a staggering N131.6 billion in revenue during the first nine months of 2025—equivalent to N43 billion per quarter, as the telecom giant leverages its massive subscriber base to dominate Nigeria’s...

The Digest: Nigerian digital lending startup Lidya has ceased operations after nine years, marking the end of a once-promising fintech pioneer that sought to transform SME financing in Africa. The company, founded by Jumia alumni Tunde Kehinde and Ercin Eksin, announced its closure in an email...

The Digest: The Central Bank of Nigeria (CBN) has mandated that all Point of Sale (PoS) terminals be geo-tagged within the next 60 days. This directive, a new step in the fight against financial fraud, effectively creates a Digital Watchtower that will monitor and secure digital payments...

The Digest: A notable shift in Nigeria’s fintech ecosystem sees pioneering open banking startup Okra cease operations, while its co-founder, Fara Ashiru, transitions to a new role abroad. Ashiru has officially exited Okra to join UK-based Kernel as Head of Engineering, a move confirmed via her...