Nigerian payments processor Paystack is expanding into banking and consumer finance in a corporate shakeup as it bets on Africa’s entrepreneurs, its CEO told Semafor, five years after being acquired ...

The Central Bank of Nigeria (CBN) says it has commenced a pilot supervision programme for virtual asset service providers ...

According to the apex bank, the pilot forms part of the Bank’s risk-based supervisory programme and supports ongoing efforts to strengthen financial system stability and market integrity oversight of ...

African payments company Paystack has reduced its operations outside of Africa, trimming its workforce in Europe and Dubai. This decision comes as part of a streamlining effort, particularly in ...

American financial services company Stripe recently acquired a Nigerian start-up Paystack for a reported $200 million. Paystack was co-founded by Shola Akinlade in 2016 as a solution for merchants in ...