Moniepoint Inc. says digital payments now account for the majority of transactions in Nigeria’s nightlife economy, particularly across local bars and informal community venues. In a statement issued on Monday in Lagos, the fintech company said its latest study, titled “The Business of Community Nightlife in Nigeria,” analysed transaction data from more than 27,000 bars, […]
Moniepoint Inc. has opened applications for the second edition of its flagship DreamDevs initiative, designed to strengthen Africa’s technology talent pipeline and equip young professionals with industry‑ready skills. Chief Technology Officer, Felix Ike, disclosed the development in a statement, noting that the programme is open to recent graduates across Nigeria with backgrounds in technology, computer […]
Nigerians will start paying a 7.5 percent Value Added Tax (VAT) on selected banking services from January 19, 2026, following a regulatory directive requiring financial institutions to collect and remit the tax on applicable service charges. The development became public after customers of Moniepoint received a notification on Wednesday afternoon outlining changes to charges on […]