Nigeria Breaking News

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Loan App Surge: 380 Lenders Approved, Consumer Fears Grow

Loan App Surge: 380 Lenders Approved, Consumer Fears Grow

The landscape of digital lending in Nigeria is undergoing a dramatic transformation, with the number of approved loan app soaring to 380 this February, a significant jump from 320 in October of the previous year. This surge, reflecting approvals from both the Federal Competition and Consumer Protection Commission (FCCPC) and licenses granted by the Central …

Sawport Video Banking, Sproutly Make Finals Of Ecobank Fintech Challenge In Togo

Sawport Video Banking, Sproutly Make Finals Of Ecobank Fintech Challenge In Togo

By Edu Abade Two Nigerian financial technology firms (Fintechs), Sawport Video Banking and Sproutly have made it to the Grand Finale of Ecobank Fintech Challenge, scheduled for 27 September 27, 2024 at the Ecobank Pan-African Centre in Lomé, Togo. The 12 finalists were selected from a highly competitive cohort of 40 Fintechs that made it …