Budgeting: Definition, Component, Characteristics, and Purposes
Budgeting (or Budgetary) is a process of creating a financial plan that estimates future income and expenditure over a specific period of time. It he…
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Who is the Minister of Finance in Nigeria? Meet Wale Edun
Wale Edun is the current Minister of Finance and Coordinating Minister of the Economy of Nigeria . His full name is Chief Adebayo Olawale Edun, and h…
Kuda terminates hundreds of jobs in a company-wide restructuring
Kuda Bank CEO, Babs Ogundeyi Kuda Bank has officially revoked staffs' employment in what the neobank called “a company-wide restructuring”. The l…
Fintech is disappearing, embedded finance is taking over
Gone are the days when fintech was still fintech, or let me say, when fintech was easy to spot. You could easily download a banking app, create a pay…
Moniepoint completes the acquisition of Sumac Microfinance Bank in Kenya
Nigerian fintech company Moniepoint has officially finalized the acquisition of a 78% stake in Sumac Microfinance Bank in Kenya. In June 2025, the Co…
MTN begins phasing out Ayoba app in selected markets
MTN is phasing out Ayoba, the telecom disclosed in a notification sent through in-app messages and updated terms and conditions. The company is phasi…
Zero-interest, ad-supported BNPL is a new business model that's reshaping payments
The Buy Now Pay Later (BNPL) business model has entered a new phase that's reshaping the payments landscape. Zero-interest, ad-supported (ZIAS) B…
Moniepoint acquires Orda, plans integration into Moniebook
Moniepoint has acquired Orda, a cloud-based restaurant management platform, as part of its push to grow in the restaurant and business management spa…
How much does Spotify pay per stream in Nigeria
How much does Spotify pay per stream?” is one of the most pressing questions upcoming entertainers in the Nigerian music industry often ask. We can n…