Fintech

Cashless policy undermines confidence in banks - Fintech Association.

The Fintech Association of Nigeria has stated that challenges with the execution of the country’s cashless policy may erode customers’ trust in the banking system. It said increasing merchants’ demand for cash payment despite empty ATMs, putting overwhelming pressure on digital channels and causing PoS charges to inch closer to 50 per cent. According to the association, a cashless policy…
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FintechPodcast

Fear as Binance Suspends USD Deposits and Withdrawals.

Crypto exchange, Binance has announced that it will temporarily suspend USD deposits and withdrawals on February 8th because of an administrative issue. A Binance spokeswoman told WatcherGuru that affected clients would be notified individually and that the suspension…
Fintech

Glo, Samsung goes on strike to surprise customers with an exclusive Galaxy S-23 deal.

Total telecommunications solutions provider, Globacom, is partnering world’s leading manufacturers of electronic devices, Samsung, for an exclusive offer for Glo subscribers to own the much sought after Galaxy S-23 smartphone. According to the details of the offer, only Glo subscribers will benefit from the exclusive offer, while Samsung will continue to have #patronage by millions of Glo…
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FintechPodcast

Buhari says broadband penetration in Nigeria is now at 100%

The President, Major General Muhammadu Buhari (retd.), on Tuesday, said there was currently 100 per cent broadband penetration across the country. Buhari disclosed this at the maiden Digital Economy Conference of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, held at the Abuja Chamber of Commerce and Industry complex. Speaking through the Minister of…
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Fintech

The company introduces card payment for trains in Lagos.

Fintech Touch and Pay Technologies announced that Lagos rail passengers can use Cowry contactless cards to access the newly launched Blue Rail line. The partnership with the Lagos state government will allow people to use Kauri maps of the proposed 13-kilometer route for the…
Brands & PeopleFintech

FLUTTERWAVE WILL EMPOWER SMALL BUSINESSES IN AFRICA THROUGH BBTITANS.

Flutterwave, Africa’s leading payment technology company, has announced that it will team up with Multichoice Africa to bring back Africa’s biggest reality franchise with a special edition titled Big Brother Titans. This was announced at press conferences by the organizers of the exhibition in Lagos (Nigeria) and Johannesburg (South Africa). Big Brother Titans is a combination of two of…
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