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• 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

• Mastercard has agreed to take a minority stake in the fin-tech business of MTN Group Ltd

• Nigerian Banks Generate N96.483 Billion Revenue from E-Business in Q1 2023

• Apple Introduces New Savings Account with Competitive Interest Rate

• Nigerian Crypto-based Fintech Shuts Down Due to Unsuccessful Fundraising Efforts

• Flutterwave has denied reports of a cyber attack on its system, stating that none of its customers lost funds...

• Flutterwave Loses $4 Million to Hackers — The hack was reportedly executed in Nigeria, where over ₦2.9 billion was transferred...

• The Kenyan government has withdrawn charges of financial impropriety against Flutterwave Fintech company...

• Nigerian Fintech companies raised a venture capital funding of $1.2 billion dollars in the year 2022...

• Some foreign NGOs and fintech firms are involved in financing terrorism in Nigeria, according to a report...

• Digital Crypto exchange platform, FTX has filed for bankruptcy in the United States of America..

• Nigerian Tribune – Flutterwave Fintech to enable eNaira collections for online businesses in Nigeria...

• Bloomberg: Flutterwave Fintech Company Obtains Key License in Nigeria Ahead of Planned IPO...

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Top Ten Trends and Articles This Week:

  • • Naira Exchange Rates: Conversion of United States Dollar (USD), British Pound Sterling (GBP), and European Euro (EUR) to Nigerian Naira (NGN) at CBN Rates (NFEM) - Nigeria Currency Converter Calculator
  • • Nigeria to Regulated Online Forex Trading Platforms; Securities & Exchange Commission (SEC) Proposes New Framework
  • • Finding the Genotype of an Unborn Baby: A Nigerian consultant foetal medicine says it is important for pregnant women to go for early detection of genetic disorders - Health Article
  • • Rapper Curtis James Jackson AKA 50 Cent to Earn $500000 for a Gig
  • • Tupac Shakur's Death: Former Gang Leader Duane “Keffe D” Davis Found Guilty of First-Degree Murder After Nearly 30 Years
  • • Three lives lost and many injured after gunman attacked new restaurant in Idaho, United States
  • • Meta Agrees to Pay up to $18 Billion in Settlement Over Alleged Harm to Young Social-Media Users, Denies Wrongdoing
  • • Ghent University Suspends Jason Arday’s Plagiarism Accuser, Nathan Cofnas
  • • Spain Crowned FIFA World Cup 2026 Champions After Historic Victory Over Argentina - Moments include emotional embrace Messi and Lamine, Spain's trophy presentation, and star-studded entertainments
  • • U.S. authorities extradite two Nigerian fraudsters in alleged sextortion cases that led to death of minors
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