Author: FinTech Today

Top Six Tech Skills Nigerians Need to Stay Relevant in 2026 As technology reshapes industries at record speed, the skills Nigerians need to stay employable and competitive are changing just as fast. By 2026, employers will prioritize digital, technical, and problem-solving skills over traditional qualifications, as automation, artificial intelligence, and remote work redefine the global job market. For Nigerian professionals, students, and entrepreneurs, acquiring the right tech skills is no longer optionality is essential for survival and growth in the digital economy. Here are the top six tech skills Nigerians need to stay relevant in 2026. 1. Artificial Intelligence (AI)…

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Why Bank Transfers in Nigeria Will Cost More From 2026 Starting in January 2026, everyday bank transfers in Nigeria are expected to become more expensive for consumers and businesses — and the reason goes beyond typical bank fees. New Tax Rules Replacing EMTL With Stamp Duty The biggest change comes from the replacement of the Electronic Money Transfer Levy (EMTL) with a new stamp duty system under recently enacted tax reforms. Previously, the EMTL charged a small N50 fee on transfers — but even that modest charge is now set to be superseded by a broader stamp duty regime that…

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Access Holdings to Sell New Shares in Foreign Currency in Bid to Raise ₦40 Billion Access Holdings Plc has announced a capital-raising initiative designed to strengthen its balance sheet and support strategic growth, including the possibility of selling new shares denominated in foreign currency as part of a broader effort to raise ₦40 billion in fresh capital. (Premium Times Nigeria) The plan received shareholder approval at an Extraordinary General Meeting (EGM) held on 18 December 2025, where investors authorised the company’s board to undertake the capital raise via a private placement. (Nigeria Communications Week) New Shares and Foreign Currency Strategy…

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Why Many Nigerians May Not Welcome PayPal Back (Despite Its 2026 Africa Plans) In late 2025–2026, social media platforms like X (formerly Twitter) have been abuzz with criticism of PayPal’s announcement of a renewed push into Africa via partnerships and digital wallets — but many Nigerians aren’t enthusiastic about a return. Here’s why: from X thread 1. PayPal Shut Nigerians Out for Years Leaving Durable Resentment A major source of backlash is historical: for nearly two decades, Nigerian users were restricted on PayPal accounts  allowed to send money but not receive funds directly into their accounts. This severely limited freelancers,…

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How Moniepoint, Kuda, PalmPay, and Others Transformed Nigeria’s Fintech Landscape in 2025 By FintechTodayNews Fintech News Africa | Latest Fintech News | The Fintech Times | FinTech Global | Fintech News Africa Nigeria’s fintech ecosystem reached a defining moment in 2025, as digital banks, payment platforms, and agency banking networks reshaped how millions of Nigerians save, spend, borrow, and move money. Companies like Moniepoint, Kuda, PalmPay, OPay, FairMoney, and Flutterwave did not just scale — they fundamentally re-engineered financial access in Africa’s largest economy. From deepening financial inclusion to powering small businesses and expanding cross-border payments, 2025 marked a year…

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PayPal and Nigeria: Why a Return May Be Too Late for a Generation That Has Moved On For years, PayPal symbolised global digital commerce — a gateway to international payments, freelancing income, and online business opportunities. But for many Nigerians, especially young people, PayPal also came to represent exclusion, frustration, and broken trust, according to multiple analyses published by Fintech Today News and Fintech News Africa. Now, as PayPal signals a renewed interest in Africa and potential reentry into markets like Nigeria, an uncomfortable question looms: does Nigeria still want PayPal back? For a growing number of young Nigerians, the…

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Africa’s Fintech Revolution: Native Innovation, Global Entrants, and the Future of Interoperability Africa’s financial technology landscape is undergoing one of the most dynamic evolutions in the world. Long marginalized by legacy global platforms, the continent has developed homegrown solutions to fit its own realities — a phenomenon brilliantly captured in “Africa Didn’t Wait for PayPal: Inside the Rise of Homegrown Fintech Giants.” At the same time, global players like PayPal are returning with renewed strategies — notably laid out in “PayPal’s Strategic Reentry into Africa: A Game‑Changer for Fintech Interoperability and Cross‑Border Growth” — setting the stage for a new…

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