Topic Archive

#fintech

OPay Bags Double Honours at Tech Innovation Awards

Fintech giant OPay has clinched two major awards at the Tech Innovation Awards 2025, underscoring its growing influence in Nigeria’s digital financial services sector.

95News•12/5/2025

Article

Fintech Giant OPay Dismisses Shutdown Claims, Threatens Lawsuits Over False Reports

Fintech company OPay has reassured users that all customer accounts remain safe and intact, dismissing viral claims of account wipes and shutdowns as false and malicious. The firm warned it may pursue legal action against those spreading the rumours.

95News•11/28/2025

Article

South African Fintech Lesaka to Acquire Michael Jordaan’s Bank Zero in Landmark $60 Million Deal

South African fintech giant Lesaka Technologies has announced plans to acquire Michael Jordaan’s Bank Zero in a landmark $60 million deal, signaling a major shake-up in the country’s digital banking sector.

95News•11/18/2025

Article

Nigeria’s BNPL Boom Could Become a Debt Trap for Africa’s Youth

The rapid expansion of Buy Now, Pay Later (BNPL) services across Nigeria and Africa is reshaping consumer finance, but without stronger regulation and financial literacy, the trend risks trapping millions of young people in unsustainable debt cycles.

95News•11/17/2025

Article

Calls Grow for Police Probe of Suspended Paystack Co-Founder Over Sexual Allegations

Following Paystack’s suspension of co-founder Ezra Olubi over sexual misconduct allegations, advocacy groups and legal experts have called on the Nigeria Police Force to open a formal investigation. The controversy stems from resurfaced tweets and personal grievances shared online, sparking widespread debate about accountability in Nigeria’s tech sector. Tags: Paystack, Ezra Olubi, sexual misconduct, Nigeria Police, CACOL, Deji Adeyanju, fintech, workplace ethics, social media, accountability

95News•11/15/2025

Article

FCCPC Enforces January 5 Deadline for Digital Lending Compliance in Nigeria Summary:

Nigeria’s FCCPC has issued a firm January 5, 2026 deadline for all digital lenders to comply with new consumer protection regulations. The rules aim to eliminate predatory practices and improve accountability in the online lending market.

95News•11/13/2025

Article

Starling Bank Expands Globally with Tangerine Software Deal

Starling Bank has signed a 10-year software deal with Canada’s Tangerine Bank and plans to hire over 100 staff to support its global expansion.

95News•11/4/2025

Article

Nigeria shaken off money-laundering “grey list” — a milestone for economic reform

This development reinforces confidence in our economy and the integrity of our monetary and financial systems – Wale Edun. Nigeria’s removal … is a clear signal to the world that Nigeria can meet and exceed global standards in financial integrity – Hafsat Abubakar Bakari.

95News•10/25/2025