Tag Archives: Mobile money

African Development Bank, YDFS, Announce Partnership, Set to Drive Uptake of Financial Services by Women in Northern Nigeria.

  The African Development Bank’s initiative, the Africa Digital Financial Inclusion Facility (ADFI), and Y’ello Digital Financial Services (YDFS), the fintech subsidiary of MTN Nigeria, have signed an agreement for a $500,000 grant initiative to determine the feasibility of deploying women agents in the northern part of Nigeria where, due to security issues and cultural […]

Cashless 2.0: The Second Coming of Cashless and the Rise of “Fintechs” by Akeem Lawal

On the 21st of February this year, the Central Bank of Nigeria announced the re-introduction of the Cashless policy. The cashless policy of the CBN, first introduced in January 2012, is aimed at achieving three main objectives; First, the development and modernization of Nigeria’s payment systems to drive economic development, secondly providing more efficient transaction […]