YDPay COO Nathaniel Luz reveals that stablecoins like USDT are mostly used for peer-to-peer payments and cross-border transactions in Nigeria, powering freelancers, digital subscriptions, and everyday digital commerce.
PayPal’s Nigeria Relaunch Through Paga Shows a Shift From Control to Collaboration
PayPal’s partnership with Paga marks a strategic reset in Nigeria, replacing its failed expansion model with local integration, execution, and predictable payments infrastructure.
Lagos, MTN Partner to Transform Obalende Under-Bridge Into Y’ELLO Bus Park
Lagos State and MTN Nigeria are redeveloping the Obalende under-bridge into Y’ELLO Bus Park, a modern transport hub featuring solar power, CCTV surveillance, and organised terminals.
Trove Finance Buys UCML Securities, Becomes SEC-Licensed Broker in Nigeria
Nigerian fintech Trove Finance acquires UCML Securities, rebranding it as Innova Securities and securing SEC broker-dealer status, enhancing platform control and investment innovation.
Toyin Abraham’s Oversabi Aunty Hits ₦1 Billion, Ranks Among Nollywood’s Biggest Box Office Successes
Oversabi Aunty, directed by Toyin Abraham, has crossed ₦1 billion in box office earnings, becoming one of Nollywood’s top-grossing films and the highest-ever debut by a first-time director.
EFCC Drags UBA, Two Firms, and Executives to Court Over ₦4.3bn Forex Fraud Allegations
The EFCC has filed a ₦4.3 billion foreign exchange fraud case against UBA, two companies, and two individuals over alleged FX rate manipulation and money laundering.
CBN Grants Nationwide Licences to Opay, Moniepoint, Kuda in Fintech Regulatory Upgrade
The Central Bank of Nigeria has upgraded the licences of major fintechs and microfinance banks, including Opay, Moniepoint and Kuda, enabling nationwide operations under stricter regulation.
NCC Introduces N250,000 Interim Service Authorisation Fee to Promote Telecom Innovation
The Nigerian Communications Commission (NCC) sets a N250,000 fee for Interim Service Authorisation applicants, allowing startups and innovators to test telecom services in a regulated sandbox environment.
MTN Names Shoyinka Shodunke Executive Head of IT Core Design and Delivery
MTN Group has named Shoyinka Shodunke as Executive: IT Core Design and Delivery, effective March 1, 2026, strengthening its AI-driven digital transformation strategy.
Google Trends Highlights Nigerians’ Growing Interest in Business, Wellness and Self-Development in 2026
Google Trends data from early January 2026 shows Nigerians increasingly searching for entrepreneurship, personal development, health, and skills as they plan for growth.