Reading Time: 4 minutes Every business, from newly started to those who have been in the game for a long period, needs a strong financial management system. A business bank account is a key part of this system. Keeping your company’s money aside in a separate account helps you stay organised, appear professional, and much more. Setting up a […]
Reading Time: 3 minutes As a business owner in Nigeria, securing the right funding is essential for your company’s growth and sustainability. Whether you’re launching a new venture, expanding an existing business, or navigating unexpected challenges, understanding your funding options can help you make informed decisions. In this article, we’ll explore various funding sources available to Nigerian business owners, […]
Reading Time: 5 minutes Introduction Understanding the performance of your business is crucial for its success and growth. It demonstrates your progress, highlights areas for improvement, and guides you in making informed decisions. These five key reasons highlight the importance of monitoring your business performance: Financial Insight To achieve success, it is crucial to have a comprehensive understanding of […]
Reading Time: 4 minutes Top 6 Fintech Companies Growing Commercial Landscape In Nigeria Technology is taking the order of the day with the emerging innovations it brings to fields like the financial landscape. This wide adoption by people has given rise to financial technology (fintech) companies committed to bringing simplicity and convenience to individuals and business entities: “Top 5 […]
Reading Time: 6 minutes 5 Incredible Benefits of Mobile Payment Gateways for Small Businesses In today’s fast-paced digital world, small businesses are constantly seeking innovative ways to streamline their operations and improve customer experiences. One such innovation that has become increasingly popular in recent years is the use of mobile payment gateways. Mobile payment gateways are digital tools that […]
Reading Time: 4 minutes How To Avoid 5 Common Payment Gateway Mistakes In today’s digital age, online payments have become an integral part of e-commerce. Payment gateways play a crucial role in facilitating these transactions, ensuring that businesses receive payments securely and efficiently. However, like any technology, payment gateways are not immune to errors and mistakes. Understanding these common […]
Reading Time: 4 minutes The Role of Regulatory Bodies in Shaping Payment Systems in Africa The African payment infrastructure has undergone significant transformation in recent years due to advancements in technology and the evolving economic structures of many African countries. Regulatory bodies also play an important role in this transformation, as they determine what technologies penetrate and thrive in […]
Reading Time: 4 minutes The Role of Fintech Startups in Advancing Payment Infrastructure in Africa The African payment infrastructure has witnessed a massive transformation in recent years, which has resulted in the inclusion of a greater percentage of the population in the formal financial ecosystem. While this transformation results from many factors, the role of fintech startups in it […]
Reading Time: 7 minutes The Rise of Digital Payments in Africa: Trends and Insights The surge in digital payments in Africa is helping businesses and transforming economies. This is seen in the increasing adoption of e-commerce, mobile payments, and, most recently, contactless payments in most African countries. The African digital payments market is expected to grow to $265.20 billion […]
Reading Time: 4 minutes The Impact of COVID-19 on Payment Infrastructure in Africa COVID-19 became one of the biggest socio-economic disruptors since the 2007-2008 Global Financial Crisis. It posed unexpected challenges to global health and triggered a seismic shift in various economic factors, including the payment infrastructure in Africa. The transformation it brought was seen in the rapid acceleration […]
Reading Time: 4 minutes Mobile Money Revolution: Transforming Payments in Africa The limitations of the traditional banking infrastructure in Africa gave rise to the development of mobile money, a transformative technology that has revolutionized how people access and transfer money worldwide. Mobile money is a digital payment system that allows people to send and receive money, save, invest, and […]
Reading Time: 4 minutes Cross-Border Payments: Facilitating Trade in the African Continent Facilitating trade through cross-border payments unlocks regional economies, positioning individuals and businesses to build wealth seamlessly. Europe, America, and Asia are notable mentions in this regard. While Africa is not at the same level as these regions, it’s gradually becoming an integrated marketplace as recent developments, such […]
