Nigeria

Expalux 3rd Quarterly Research

The New Year approaches and Expalux would like to present a gift to everyone, who is interested in international Fintech publishing our 3rd Quarterly Research! We hope everyone will be enjoying reading about Brazil, Peru, Chile, Argentina, Colombia, El Salvador, Mexico, Tanzania, Ethiopia, South Africa, Ghana, Kenya, Nigeria. EXPALUX 3th QUARTERLY RESEARCH

Nigeria Fintech Ecosystem and regulation

Nigeria´s Fintech activity has expanded in recent years and is now one of the African countries with the most advances in the Fintech sector, only behind South Africa and Kenya in the African continent. (Findexable, 2020).  Between 2011 and 2018, the investments in Fintech exceeded 200 million dollars and  in the last 3 years, Nigerian

Nigeria Fintech: A big opportunity for financial inclusion

Approximately 40% of Nigerians (83 million people) live below the poverty line, while another 25 percent (53 million) are vulnerable to fail into poverty (World Bank, 2020). With an abundance of natural resources, it is Africa’s biggest oil exporter, and has the largest natural gas reserves on the continent. Nevertheless, with the emergence of Covid-19,