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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• The Kenyan government has withdrawn charges of financial impropriety against Flutterwave Fintech company...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
  • • Processed meat 'linked to pancreatic cancer' - Research Study
  • • Egypt arrests top member of Sinai jihadist group
  • • Highest currency in Nigeria cannot buy a loaf of bread - Nigerian Actress Linda Osifo speaks out
  • • Ebola: US Health workers worry hospitals aren't protecting them
  • • American doctor infected with Ebola virus
  • • White woman sues over sperm donor from black man
  • • Nigeria season of open letters, Iyabo Obasanjo writes father
  • • EFCC Arrests and Arraigns Influencer “Blessing CEO” Over Alleged N36m Fraud in Lagos
  • • Several injured after train derails in Kenya
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