financial inclusion

Nigerian banks and telecom operators have settled a four-year dispute over mobile banking charges, clearing nearly N300 billion in accumulated debt and shifting billing responsibility to customers.

The fintech startup has secured a major funding commitment from i80 Group to expand its vehicle-secured credit card offering, marking a significant bet on alternative credit products for underbanked consumers.

Lupiya's funding extension to $11.25 million signals sustained investor confidence in African digital banking models targeting underserved populations, while Divest's platform evolution reflects the sector's maturation beyond single-product offerings.

Nigeria's banking sector has settled its massive USSD debt to telecom operators while Airtel Africa pursues ambitious expansion plans including a mobile money IPO and cryptocurrency services.

Africa's payments giant Interswitch has rolled out simplified digital payment channels for students registering for Nigeria's 2026 university entrance examinations, addressing longstanding friction points in the country's education-to-digital pipeline.

Nigerian fintech Grey has launched a dedicated business platform to streamline international transactions for African startups and small enterprises, addressing persistent foreign exchange and payment settlement challenges that have constrained regional commerce.

Guaranty Trust Bank launched a 2.95% airtime loan product while AfriGO partnered with PalmPay for in-app card requests, as financial institutions leverage mobile platforms to expand service accessibility across West Africa.

Bank of Industry and MTN Foundation commit N1 billion for women-led enterprises while National Pension Commission licenses first accredited pension agent to expand informal sector coverage.