The global mobile money industry recorded over two billion registered accounts and processed transactions exceeding $1.68 trillion in 2024, according to the GSMA’s annual report released...
The Nigerian telecommunications industry has demonstrated a consistent upward trend, as indicated by a recent report from the Nigerian Communications Commission (NCC).
Mobile money account ownership in Nigeria recorded a significant increase in 2022, which saw it grow from 16% to 22%.
The Central Bank of Nigeria (CBN) has granted licenses to 17 fintech startups to provide mobile money services in Nigeria. The recent frustrations experienced by bank...