Fintava Pay is banking the unbanked in Northern Nigeria
Fintava Pay launched in 2022 to provide Banking-as-a-Service solutions for financial inclusion in Northern Nigeria. The startup customizes banking solutions in Hausa and employs non-smartphone verification methods to cater to low digital literacy.
₦203 billion bad loans: Unity Bank’s crisis deepened amid Providus merger, job cuts
Unity Bank reported ₦203 billion in impaired loans for 2023. The bank laid off 27 employees, including 4 senior management staff.
SANEF taps ex-Diamond Bank executive Uzoebo as CEO to drive financial inclusion
Uche Uzoebo has been appointed as the new Managing Director/CEO of SANEF Limited, effective February 2025. Uzoebo succeeds Ronke Kuye, becoming the second female to hold the top position in SANEF's history.
Nigeria Sues Binance for $79.5 Billion Over Economic Losses, Taxes
Nigeria has filed a lawsuit against Binance for $79.5 billion in economic losses. The lawsuit includes a demand for $2 billion in back taxes from Binance.
Nigeria sues Binance for $81.5bn, 30% over the exchange's valuation
Nigeria's FIRS has filed a lawsuit against Binance for $81.5 billion, including $79.5 billion for economic losses and $2 billion in back taxes. The lawsuit alleges that Binance operated without proper registration and failed to comply with Nigerian tax laws.
