New Fintech SpendEase Enters African Payments Market
SpendEase launches a cross-border payments platform for Nigeria, Ghana, Kenya & South Africa. Send, spend & receive money in local currencies with real-time exchange rates. #Fintech
Category : Search result: gratuity payments
Oyo Alerts Pensioners on Gratuity Extortion Cartel
Oyo State Government warns pensioners of a criminal cartel extorting 5-10% of gratuities. Commissioner Dotun Oyelade reveals the scam and urges vigilance. Read more.
How Tech Banking Drives Nigeria's $1 Trillion GDP Goal
FairMoney MD Henry Obiekea explains why technology-enabled banking is critical for financial inclusion and achieving Nigeria's 2030 economic target. Discover the role of digital finance in national growth.
Defence Minister: We Don't Pay Ransom to Kidnappers
Nigeria's Defence Minister, Christopher Musa, has denied the Federal Government pays ransom for kidnap victims. He insists military pressure and intelligence are the strategy. Read the full details.
Nigerian Man Explains New 7.5% VAT on Bank Transfers
A Nigerian man clarifies how the new 7.5% VAT on mobile transfers, USSD, and POS works. Learn how it impacts service fees and what it means for your daily transactions.
Access Bank, Visa Launch Corporate Card for Nigerian Businesses
Access Bank partners with Visa to launch a new Corporate Credit Card for Nigerian enterprises, offering up to 45 days interest-free credit and digital expense tracking to boost cash flow and governance.
Niger Pensioners Beg Bago to Resume N25bn Payments
Niger State pensioners have made a desperate appeal to Governor Mohammed Umar Bago to resume payment of their retirement benefits. Payments stopped in March 2024 after an initial N6.5bn was released.
How Kalabash Tackles Nigerians' Travel Spending Woes
Nigerians face travel spending stress due to FX rates & card declines. Kalabash, Wakanow's fintech arm, offers Mastercard prepaid cards for seamless local & international payments. Learn more.
Access Bank, Visa Launch Corporate Card for Nigerian Firms
Access Bank partners with Visa to launch a new Corporate Credit Card for medium & large Nigerian businesses. It offers a 45-day interest-free period and digitizes expense tracking via the Visa Spend Clarity platform.
Wema Bank Upgrades ALAT Digital Platform
Wema Bank Plc has launched an upgraded version of its ALAT digital banking platform, featuring voice commands and contactless payments. Discover the new smart features.
Blord Explains Hiring Bias: Women Handle Money Better
Nigerian businessman Blord opens up on his controversial hiring preference for women, citing societal pressure on men as a key factor. He also reveals paying over ₦1.1 billion in salaries in 2025. Read the full story and reactions.
CBN Reforms End Festive Cash Scarcity in Nigeria
The Central Bank of Nigeria's strategic reforms, led by Governor Olayemi Cardoso, have successfully eliminated cash scarcity during the 2025 festive season. Learn how new regulations and digital initiatives are transforming Nigeria's financial landscape.
Modern POS Systems Drive Nigerian Retail Sales
Discover how modern POS systems help Nigerian retailers increase sales, improve customer experience, and build loyalty through seamless digital payments and data insights. Act now to upgrade your retail operations.
Flutterwave Buys Mono to Boost Open Banking
Flutterwave has acquired open banking pioneer Mono. The deal aims to build a connected financial system for Africa, enhancing payments, data access, and security. Discover the future of fintech.
CBN Reforms End Festive Season Cash Scarcity
The Central Bank of Nigeria's committee, led by Governor Olayemi Cardoso, implemented holistic reforms ensuring seamless cash flow during the 2025 festive season, marking a historic shift from perennial shortages.
Naira Gains 7.14% as CBN Injects $7.5 Billion in 2025
The Central Bank of Nigeria spent $7.53 billion to stabilise the naira in 2025, leading to a 7.14% annual gain and a historic balance of payments surplus. Discover the full story.
AI Will Reshape Cross-Border Payments in Africa, Says Fintech CEO
Omolade Samuel Oke, CEO of Internopay, details how AI and CBDCs will transform Africa's financial landscape, enabling seamless cross-border trade and true inclusion. Discover the future of fintech.
Bluebulb Wins Finance Excellence Award at 2025 PBN Awards
Bluebulb, a cross-border payments fintech, has won the Finance Excellence Award at the 2025 PBN Awards. The award recognises its work in removing barriers for African businesses in global trade. Read more about this achievement.
Nigeria records $4.6bn BoP surplus in Q3 2025
Nigeria's external sector strengthens as the CBN reports a $4.6 billion Balance of Payments surplus for Q3 2025, driven by trade gains and rising reserves. Read the full analysis.
NNPC Debt Waiver: Only Penalties Forgiven
Clarification emerges that NNPC's $1.42bn and N5.57tr debt waiver covered only interest and penalties, not core royalties. CHRICED slams the move as reckless and opaque.
Nigeria's Q3 Current Account Surplus Falls 41%
Nigeria's current account surplus dropped sharply to $3.42bn in Q3 2025, a 41% decline. Explore the CBN data on oil exports, remittances, and rising external obligations shaping the nation's balance of payments.
Kano Pays N15.67bn to Ex-Councillors, Ends Decade Wait
Kano State Government under Governor Abba Kabir Yusuf has settled N15.67 billion in outstanding gratuities to 3,472 former local government councillors. This act of justice, transcending party lines, brings closure after over a decade of neglect. Read the
Kano Pays N15.6bn to Ex-Councillors, Upholds Justice
Governor Abba Kabir Yusuf's administration in Kano State has settled over N15 billion in unpaid entitlements to 3,472 former local government councillors. Discover how this act of justice transcends political lines.
Oyo Gov Makinde Increases Retirees' Gratuity to ₦3bn
Oyo State Governor Seyi Makinde approves a 100% increase in gratuity payments for retirees, raising it from ₦1.5bn to ₦3bn. NLC confirms the worker-friendly move and consistent 13th-month salary payment. Read more.
Kano Bans Cash Tax Payments from January 2026
Kano State will enforce digital-only tax payments from 2026 to curb revenue leakages. Experts urge public embrace of reforms for economic growth. Learn more.
Nigeria Deletes Terrorist Accounts on TikTok, Facebook, X
Nigeria's NCTC is collaborating with social media giants to delete accounts used by terrorists and bandits. The agency also exposes new ransom methods via POS operators. Read the full report.
BitMARTe E-commerce Platform Launches in Nigeria
BitMARTe, a new e-commerce platform, launches in Nigeria to tackle delayed fulfillment and payment insecurity. Discover its unique features and leadership team.
Kidnappers collect ₦2.57bn ransom in one year
A new report exposes that kidnappers in Nigeria collected a staggering ₦2.57 billion in ransom from July 2024 to June 2025, with the Northwest as the epicentre. Discover the shocking scale of this criminal enterprise.
FG Orders Road Contractors to Stay on Site for Christmas
Works Minister David Umahi directs contractors on major highways to remain on site during the festive season to ease gridlock. FG also announces N263bn payment plan for contractors, pending verification of N2.13trn debt.
OneDosh Launches Borderless Payments in US and Nigeria
OneDosh launches its cross-border payments platform in the US and Nigeria, using stablecoin tech for instant, low-cost international transfers. The service is live in 49 US states, with New York coming soon.
Page 1 of 2