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Economy
30 posts
Nigeria’s e-Payment Transactions Grew By 42% To N387 trillion In 2022
According to data from the Nigeria Inter-Bank Settlement System (NIBSS), electronic payment transactions in the country grew by…
Amazon Plans To Lay Off 18,000 workers, More Than Meta Did Last Year
Amazon has announced that it will be cutting down its employee headcount, and now plans to reduce more…
Salesforce Announces A 10 Percent Cut Off Its Employee Headcount
American cloud-based software company Salesforce has announced that it will be reducing its headcount this year. The announcement…
Nigeria’s POS Transactions Hit A Monthly All-time High Of N735.6 Billion In September 2022
In September, the value of transactions conducted via point of sales (POS) terminals ran into a total of…
Nigeria’s e-Payment Transactions Value Stood At N32.8 Trillion In September 2022
In the month of September, transactions worth N32.8 trillion were performed electronically through the NIBSS Instant Payment platform…
Google Announces The Launch Of A Cloud Region In South Africa, Its First In Africa
Today, tech giant Google announced the launch of its first cloud region in Africa. Located in South Africa,…
Flutterwave Adds The e-Naira As A Payment Option For Merchants On Its Platform
On Wednesday, Africa-focused financial technology company and Africa’s most valued unicorn Flutterwave announced the availability of Nigeria’s central…
Financial Inclusion In Nigeria Grew To 45 Percent In 2021 – World Bank
According to a report by the World Bank titled “The Global Findex Database 2021: Financial Inclusion, Digital Payments,…
MTN Group Purchases Land In Africarare, Becomes The First African Country To Enter The Metaverse
Today, MTN Group became the first African country to enter the metaverse after it acquired land in Africarare’s…
Although Similarities Between Them Seem To Be On The Rise, Here Are Major Differences Between Fintechs And Banks
Financial technology companies, called fintech for short, have become not only popular over the years. They have meandered…
