The regulatory body that approved local cryptocurrency exchanges in Nigeria, enhancing the crypto sector.
Banks must become ‘invisible’ to compete in digital finance
Banks must embed financial services into everyday transactions to compete with digital platforms. Daniel Awe emphasized that the future of banking lies in becoming invisible in customers' lives.
Nigeria’s securities exchange urges founders to list on local bourse
The SEC urges local founders to raise capital from trusted sources and utilize debt instruments for growth. Vice President Kashim Shettima announced the Nigerian Capital Market Master Plan 2.0, targeting ₦750 trillion in market capitalization by 2036.
Nigeria’s savers have money. YC-backed Rank wants to turn it into wealth.
Rank pools individual savings to create larger capital pools for investment opportunities. 38% of Nigerian adults are now saving formally, according to EFInA's 2023 survey.
UMB Bank Wins Approval to Serve Crypto Businesses in Ghana
UMB becomes the first bank in Ghana to receive joint approval for virtual accounts in the virtual asset sector. The approval allows UMB to open regulated banking channels for crypto and blockchain-linked firms.
Nigeria’s Market Regulator Adds Seven Crypto and Fintech Firms to Its Watch List
The SEC cleared seven fintech firms for provisional entry into its regulatory sandbox, ARIP. The firms include Bitbarter Technologies, Luno Fintech Nigeria, GetEquity, Koinkoin Global Network, Wrapped CBDC, Trovotech, and Blockvault Custodian.
