Nigerian payments processor Paystack is expanding into banking and consumer finance in a corporate shakeup as it bets on Africa’s entrepreneurs, its CEO told Semafor, five years after being acquired ...

The Central Bank of Nigeria (CBN) says it has commenced a pilot supervision programme for virtual asset service providers ...

According to the apex bank, the pilot forms part of the Bank’s risk-based supervisory programme and supports ongoing efforts to strengthen financial system stability and market integrity oversight of ...

Nigerian fintech startup Paystack has been relatively quiet since it was bought by fintech giant Stripe last October. The deal, worth more than $200 million, caused shockwaves to the African tech ...

Over the last year, the Covid-19 pandemic has fueled a shift towards digital banking and mobile money. In Africa, this change in habits has international investors eyeing the lucrative opportunity to ...

African payments company Paystack has reduced its operations outside of Africa, trimming its workforce in Europe and Dubai. This decision comes as part of a streamlining effort, particularly in ...

The Central Bank of Nigeria (CBN) has launched a pilot program for Anti-Money Laundering (AML), Counter-Financing of ...