Bloomberg news about nigeria mobile banking
Here are some recent articles from Bloomberg News about mobile banking in Nigeria:
- Nigeria's Mobile Banking Boom Shows No Signs of Slowing Down (February 2023)
Nigeria's mobile banking market is expected to continue growing, driven by the increasing adoption of digital payments and the expansion of financial inclusion. The country's mobile banking market is expected to reach 143 million users by 2025, up from 93 million in 2020.
Source: Bloomberg
- Nigeria's Flutterwave Raises $250 Million to Expand Digital Payments (January 2023)
Flutterwave, a Nigerian fintech company, has raised $250 million in funding to expand its digital payments platform. The company, which was founded in 2016, provides payment solutions to businesses and individuals in Africa.
Source: Bloomberg
- Nigeria's Mobile Money Market to Reach $14.4 Billion by 2027 (December 2022)
A report by ResearchAndMarkets.com predicts that Nigeria's mobile money market will reach $14.4 billion by 2027, driven by the increasing adoption of mobile payments and the growth of the country's digital economy.
Source: Bloomberg
- Nigeria's Stanbic IBTC Bank Launches Mobile Banking App (November 2022)
Stanbic IBTC Bank, a Nigerian bank, has launched a mobile banking app that allows customers to perform transactions, check account balances, and pay bills using their mobile devices.
Source: Bloomberg
- Nigeria's Mobile Banking Users to Reach 120 Million by 2025 (October 2022)
A report by Hootsuite and We Are Social predicts that Nigeria's mobile banking users will reach 120 million by 2025, driven by the increasing adoption of mobile devices and the growth of the country's digital economy.
Source: Bloomberg
These articles highlight the growing importance of mobile banking in Nigeria, with the country's mobile banking market expected to continue growing in the coming years.