FCMB Named Nigeria’s Best SME-Focused Bank for 2025 – Here’s Why It Matters First City Monument Bank (FCMB) just bagged the “Best SME-Focused Bank in Nigeria 2025” award from the Chartered Institute of Bankers of Nigeria (CIBN) — and it’s not just a shiny plaque. The award is backed by hard CBN data: FCMB holds a massive 24% share of Nigeria’s total SME lending (₦1.8 trillion disbursed in 2024). That’s more than any other bank.The award was handed over at the CIBN’s 60th Annual Bankers Dinner in Lagos on November 28, 2025, where FCMB’s Executive Director of Wholesale Banking, Obaro…
Author: FinTech Today
Bitcoin Crashes Below $86K in Brutal December Start – Is $80K Next? (November 2025 Update) By Ndefo Onyekachukwu | December 1, 2025 Bitcoin just kicked off December 2025 with a 6% flash crash, dropping under $86,000 during early Asian trading hours – its lowest level in weeks. The entire crypto market bled red: Ethereum –8%, Solana –9%, XRP –8%, with $638 million in leveraged positions liquidated in the past 24 hours alone. After a painful 18% drop in November and a brief recovery above $90K last week, the king of crypto is showing real weakness. Here’s everything you need to…
Happy New Month: 5 Fintech Habits for a Prosperous December 2025 By FintechTodayNews.com – Your Go-To Source for Nigerian Fintech Trends and Tips As we step into December 2025, the final stretch of the year brings a mix of festive cheer and financial reflection. In Nigeria, where “Happy New Month” messages often carry hopes for abundance and stability, it’s the perfect time to blend tradition with innovation. At FintechTodayNews.com, we’re all about empowering you with actionable insights—so here’s our fintech-flavored take on new month wishes. May December bring not just joy, but smarter money moves amid rising inflation (currently at…
Today’s Trending Post: “Nigeria’s Tech Pulse – 5 Hot Stories Dominating Conversations Right Now Today’s Trending Post: “Nigeria’s Tech Pulse – 5 Hot Stories Dominating Conversations Right Now” By Ndefo Onyekachukwu | November 29, 2025 Good morning, Naija! It’s Saturday, and the internet is on fire with everything from women in tech to AI ethics, startup meetups, and global summits. Based on real-time X trends and searches (as of November 29, 2025), here’s what’s got Nigerians buzzing today – from empowerment to innovation. Which one are you deep in? Let’s unpack.1. Women in Tech Rising – Linda Grasso’s Inspiring Post…
13 Female-Led African Startups Raising Over $1M in 2025: Breaking Barriers Amid Funding Drought African female founders are proving they’re not just surviving the 2025 funding winter – they’re thriving against the odds. While the continent’s startups raised $2.65 billion from January to October (up 56% YoY per Briter Bridges), women-led ventures captured just 10% of deals and 1–2% of capital – a stark reminder of the gender gap. Yet, 13 standout companies have defied the statistics, securing $1M+ in funding across fintech, biotech, e-commerce, and more. These aren’t token wins – they’re scaling solutions for African problems, from clean…
Bank78 Microfinance Bank Launches Fully Private Digital Bank, Signaling a New Era for Nigeria’s Financial Sector Nigeria’s banking landscape has entered a new chapter with the official launch of Bank78 Microfinance Bank’s fully private digital bank—a modern platform built to transform how Nigerians save, borrow, invest, and transact. As the country accelerates toward a fully digital financial ecosystem, Bank78 is positioning itself as a bold new player offering speed, flexibility, and smarter financial tools for everyday users and small businesses. A New Digital-First Banking Experience The launch marks Bank78’s move into a fully digital operating model, built around a mobile-first…
How Two Nigerian Graduates Built a ₦2 Billion Trade Machine | FinTechTodayNews For years, African small and medium enterprises (SMEs) have relied on retail platforms like AliExpress and, more recently, Temu to source affordable goods from China. While these platforms provide low-cost access to global products, they were never designed for businesses that require factory-level pricing, reliability, bulk orders, and customization. This gap created room for Middleman, a fast-growing Nigerian tradetech startup helping African businesses source directly from Chinese manufacturers—at lower cost, with better quality control, and faster procurement.At FinTechTodayNews, we track emerging African fintech and tradetech innovations, and Middleman…