Nigerian banks generated N96.483 billion in Q1 2023 from e-business income, a 23.84% increase from the previous quarter, with UBA and Access Holdings topping the list.
Fintech is transforming financial services, increasing financial inclusion and transaction volume, challenging traditional banks in Nigeria..
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Sat Jul 05 2025 03:08:51 GMT+0000 (Coordinated Universal Time)
• United States DoJ has filed a lawsuit against Visa, accusing the company of debit card monopoly
• Does Amazon Pay allow direct transfers to Nigerian bank accounts? - International Online Payments Q and A
• OPay, Moniepoint, and others to begin deduction of N50 Electronic Money Transfer Levy (EMTL)
• CBN has lifted the restriction imposed on OPay, Moniepoint and other Fintech companies
• CBN has stopped mobile money operators like OPay, Palmpay, Kuda Bank, and Moniepoint from onboarding new customers
• Nigeria's Fintech Industry Continues to Grow, Despite Concerns Over Fraud
Nigerian Banks Generate N96.483 Billion Revenue from E-Business in Q1 2023
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Published (Updated) on Monday, June 26, 2023
• United States DoJ has filed a lawsuit against Visa, accusing the company of debit card monopoly
• Does Amazon Pay allow direct transfers to Nigerian bank accounts? - International Online Payments Q and A
• OPay, Moniepoint, and others to begin deduction of N50 Electronic Money Transfer Levy (EMTL)
• CBN has lifted the restriction imposed on OPay, Moniepoint and other Fintech companies
• CBN has stopped mobile money operators like OPay, Palmpay, Kuda Bank, and Moniepoint from onboarding new customers
• Nigeria's Fintech Industry Continues to Grow, Despite Concerns Over Fraud
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