Contactless Payments and the Future of Retail Finance in Nigeria
Nigeria’s fintech story has been built on transfers. From USSD to instant bank transfers, Nigerian Fintechs have engineered a system that moves money fast, but not without friction. Network latency, failed sessions, manual input errors, and OTP delays remain embedded in everyday transactions. In high-traffic retail environments, those seconds compound into measurable inefficiency. Contactless payments, […]
Nigeria’s Gas Vulnerability: How Seplat’s Maintenance Shutdown Affects the Whole Nation
Dear Readers, Nigeria’s energy sector is once again under the spotlight, and this time the trigger is a seemingly routine scheduled maintenance by Seplat Energy on its gas facilities. From February 12 to 15, Seplat Petroleum Development Company PLC (“Seplat”), a key joint venture partner of Nigerian National Petroleum Company Limited (“NNPC Ltd”), has […]
Nigeria Hands Over the $5 Billion African Energy Bank Facility
Dear Readers, Nigeria has just achieved a landmark victory in Africa’s energy landscape. On 2 February 2025, on the sidelines of the 9th Nigeria International Energy Summit (NIES) in Abuja, Nigeria officially handed over the headquarters of the African Energy Bank (AEB) to the African Petroleum Producers’ Organisation (APPO). This development signals the beginning […]
Regulatory Localisation and Digital Infrastructure: Building Compliant Data Centres in Nigeria
Across regulated industries, data is increasingly being treated as a sovereign asset rather than a purely commercial one. Governments are tightening expectations around where sensitive data is stored, how it is processed, and under whose jurisdiction it ultimately resides. The underlying policy logic is straightforward. Regulatory oversight, audit enforcement, and lawful access are most effective […]
NDPC CAR Filing Countdown: What Data-Driven Organisations Must Do Before 31st March
The clock is ticking. With days left to the 31st March Compliance Audit Return (CAR) filing deadline, the Nigeria Data Protection Commission (NDPC) has made it clear that enforcement is no longer theoretical. Recent NDPC actions leave little room for doubt. The Commission has launched wide-scale sectoral probes, imposed record-breaking fines, and adopted a clear […]
New Milestone In Electricity Market Reform: Federal Government Successfully Issues ₦501 Billion Inaugural Power Sector Bond
Dear Readers, Nigeria’s electricity market has now reached a defining moment. In a landmark move aimed at restoring confidence and financial stability in the sector, the Federal Government has successfully issued a ₦501 billion inaugural power sector bond under the Presidential Power Sector Debt Reduction Programme (PPSDRP), championed by President Bola Ahmed Tinubu. The successful […]
𝐍𝐢𝐠𝐞𝐫𝐢𝐚’𝐬 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐌&𝐀 𝐄𝐧𝐭𝐞𝐫𝐬 𝐭𝐡𝐞 𝐀𝐧𝐭𝐢𝐭𝐫𝐮𝐬𝐭 𝐄𝐫𝐚: 𝐖𝐡𝐚𝐭 𝐭𝐡𝐞 𝐅𝐂𝐂𝐏𝐂 𝐍𝐨𝐰 𝐌𝐞𝐚𝐧𝐬 𝐟𝐨𝐫 𝐃𝐞𝐚𝐥 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲
In our previous edition, we examined how fintechs scale through acquisitions and why legal and regulatory design is critical to sustainable growth. Using the reported Flutterwave–Mono transaction as a reference point, we explored how licensing, data governance, and deal structure can shape post-merger outcomes. The momentum of consolidation in Nigeria’s fintech ecosystem shows no signs […]
𝐒𝐜𝐚𝐥𝐢𝐧𝐠 𝐓𝐡𝐞 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐒𝐭𝐚𝐜𝐤 𝐓𝐡𝐫𝐨𝐮𝐠𝐡 𝐌&𝐀: 𝐆𝐫𝐨𝐰𝐭𝐡 𝐖𝐢𝐭𝐡𝐨𝐮𝐭 𝐁𝐫𝐞𝐚𝐤𝐢𝐧𝐠 𝐭𝐡𝐞 𝐒𝐲𝐬𝐭𝐞𝐦
The African fintech ecosystem opened 2026 with reports of Flutterwave’s acquisition of Mono, valued by multiple media outlets at between $25 million and $40 million. While the transaction has been widely reported, detailed deal terms and regulatory approvals have not yet been publicly disclosed. As such, it is best understood as a reported transaction, not […]
Moving Personal Data Across Borders? What Your Startup Needs to Know
For many Nigerian tech startups, the use of offshore cloud infrastructure and foreign service providers is unavoidable. From hosting customer databases on overseas servers to using global SaaS tools for analytics, payments, and customer relationship management, cross-border data transfers are embedded in everyday operations. What is often overlooked, however, is that under Nigerian law, transferring […]
𝐂𝐆𝐓 𝐈𝐦𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐓𝐞𝐜𝐡 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐄𝐱𝐢𝐭𝐬: 𝐅𝐨𝐮𝐧𝐝𝐞𝐫𝐬 & 𝐁𝐮𝐲𝐞𝐫𝐬
If you are building or investing in a Nigerian tech company and thinking about an eventual exit, the Nigeria Tax Act 2025 (NTA 2025) has materially changed how much of that exit value you actually keep. Tax planning that begins only when a buyer appears is often too late. Under the new rules, the way […]
