Another key telecommunications client of IHS Towers, contributing to its improved fortunes.
CBN data localisation push raises concerns among fintech executives
The CBN's directive requires all payment-related data to be stored and processed within Nigeria by January 2027. Fintech executives express concerns about the local data ecosystem's readiness to handle the migration of payment data.
MTN Hands MoMo Upgrade to Ant International as Fintech Push Deepens
MTN Nigeria is partnering with Ant International to upgrade its MoMo platform. The upgrade will introduce new technology and a mini-app framework to the MoMo ecosystem.
New Payments Partnership on Expanding Cardless Payment across Nigeria
Redtech, MoMo PSB, and UBA launched a payment interoperability partnership in Nigeria. The partnership connects banking-led merchant acceptance with telco-led mobile money wallets.
Crypto derivatives coming to Luno Nigeria
Luno Nigeria plans to roll out crypto derivatives, including perpetuals and futures trading, by 2026. The Nigerian crypto ecosystem is becoming more structured with legal and regulated trading platforms.
Why Nigeria’s startup ecosystem needs more corporate buyers
Industry leaders at the MTN Cloud Accelerator Demo Day called for a shift in how innovation is financed in Africa. Speakers emphasized the need for corporates to act as buyers and partners to help startups scale.
