Nigeria’s fintech sector continues to redefine the financial ecosystem, closing Q3 2025 with growing user engagement and mobile app adoption.
Nigerian banks lost a total of N2.09 billion to frauds in Q4 2023 with mobile emerging as the top channel through which the largest amount was lost.
Some of the fintechs pointed out that the directive may have been misdirected given that most of the accounts involved were commercial bank accounts.
Savings apps can make it easier to save money by automating your savings and offering interest rates higher than what you can get from keeping money in a regular savings account with traditional banks.
Kuda Bank has apologized to its customers after another technical glitch on its system caused customers’ money to disappear.
This is a summary of the major news stories that made headlines during the week that ended November 12, 2022
Nigerian Microfinance Bank Kuda Bank reported a loss of N6 billion more than 7x the N868 million loss it reported in 2020.
A look at the savings offerings of these apps shows that some are better than others in terms of interest promised to their customers.
Like every other app, the Kuda app has its flaws and the users cannot but air their concerns and frustrations via reviews.
Kuda Bank has responded to the viral video of a customer being dragged out of its office by armed police officers.
Kuda Bank has warned its customers that it will close accounts found to be engaged in the transaction...
Nairametrics recently reported that Kuda Bank raised $55 million in a Series B round at a valuation of...
