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FinTech
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FG imposes N50 transfer levy on transactions above N10,000 on OPay
The federal government has placed a one-time fee of N50 on electronic transfers above N10,000 into personal and…
AI’s race for US energy butts up against bitcoin mining
U.S. technology companies are pursuing energy assets held by bitcoin miners as they race to secure a shrinking supply of…
Fast payment of liquidated Heritage Bank’s customers traceable to advanced technology
The Nigeria Deposit Insurance Corporation (NDIC), has attributed its swift payment of depositors of the failed Heritage Bank…
Visa, Mastercard to extend non-EU card fee caps to 2029, EU says
Visa (V.N), and Mastercard (MA.N), will extend caps on tourist card fees agreed five years ago with EU antitrust regulators…
American Express, Ecobank Group, partner to expand card acceptance in 21 African countries
American Express and Ecobank Group, yesterday, announced the signing of agreement to expand the use of American Express…
Zenith Bank’s Zenpay, partners AfCFTA Secretariat to develop SMARTAfCFTA portal
Zenpay Limited, a subsidiary of Zenith Bank Plc, has entered an agreement with the African Continental Free Trade…
Agbaje says technology is key to access to financial services
By Stanley Onyeka, Lagos Group Chief Executive Officer, Guaranty Trust Holding Company Plc (GTCO), Segun Agbaje, has identified…
Squad partners OmniPay to simplify payments for FMCG industry
By Stanley Onyeka, Lagos Squad, a fintech subsidiary of Guaranty Trust Holding Company Plc (GTCO), offering comprehensive payment…
FCCPC warns DMLs against violations, customer exploitation
By Tochukwu Bliss, Abuja The Federal Competition and Consumer Protection Commission (FCCPC), yesterday renewed its warning against rules…
Bitcoin climbs above $45,000 for first time since April 2022
Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world’s biggest cryptocurrency…