In 2020, the number of registered mobile money accounts grew by 12.7 per cent globally, to 1.21 billion, according to the latest report from the GSM Association. The GSMA noted that over 136 million accounts were added in the year, which exceeded last year’s forecasted growth rate by 6.4 percentage […]
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DABA is leading young people to gain financial freedom from the Crypto market
They are equipping young people and giving them the opportunity to earn Weeks ago, in another appalling display of highhandedness and ignorance, the Nigerian government gave a directive prohibiting financial institutions from engaging in cryptocurrency transactions. The news ruffled the Nigerian crypto space briefly before business continued as usual. However, […]
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NQR CODE PAYMENT SYSTEM LAUNCHES IN NIGERIA
Nigeria Inter-Bank Settlement System Plc (NIBSS) today announced the launch of the NQR payment solution; an innovative payment platform implemented on behalf of all financial service providers. The New Quick Response code solution offers a robust platform that delivers instant value for P2B and P2P transactions by simply scanning to […]
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Abu Dhabi Funds Invest $150M In Telegram Messaging App
Abu Dhabi state fund Mubadala Investment Co and Abu Dhabi Catalyst Partners, part-owned by Mubadala, said on Tuesday they had invested a combined $150 million in messaging app Telegram. Mubadala invested $75 million in five-year, pre-initial public offering (IPO) bonds of Telegram, while Abu Dhabi Catalyst Partners invested a further […]