Monday , May 5 2025

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Paystack fined ₦250m as CBN tightens fintech oversight in Nigeria

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The Central Bank of Nigeria (CBN) has imposed a ₦250 million ($190,000) fine on Paystack. Per TechCabal, the fine is for allegedly operating its new product, Zap, without the appropriate licence. Zap, a peer-to-peer money transfer app launched in March, functions as a wallet, which requires a microfinance or banking …

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UK Nurse Dies After Returning From Her Introduction In Nigeria

A heart-wrenching tragedy has shaken both the UK and Nigerian communities as news broke of the sudden death of a young Nigerian nurse, Nnena Miriam—fondly known as Nurse Miriam—who was found lifeless in her apartment earlier this week under mysterious circumstances. According to sources close to the deceased, Nurse Miriam …

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