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Moniepoint Named Among UK’s Leading Fintechs by CNBC
Nigerian-founded Moniepoint Inc. has been recognized as one of the United Kingdom’s top financial technology companies by CNBC, strengthening its reputation as a global player in the fast-growing fintech industry.....KINDLY READ THE FULL STORY HERE▶
The recognition marks another major step for Moniepoint, which started in Nigeria and has quickly expanded beyond Africa. The listing highlights its role in providing digital banking and payment services to millions of businesses and individuals.
Global Recognition
CNBC’s ranking places Moniepoint among the most promising fintech firms operating in the UK. The selection is based on growth, innovation, customer base, and impact on the financial services industry.
For Moniepoint, the recognition is a milestone in its journey from a homegrown Nigerian startup to a global financial company. The firm has gained attention for making banking and digital payments easier, especially for small and medium-sized businesses.
Company Growth
Founded in 2015, Moniepoint started by helping small shops and street businesses in Nigeria accept payments and access banking services. Over time, it expanded its services to include business accounts, credit, and financial management tools.
Today, Moniepoint says it processes billions of dollars in transactions each month. Its network of merchants and users has grown across Africa, and it is now building a presence in other parts of the world, including the UK.
“Being recognized among the leading fintechs in the United Kingdom shows how far we have come,” Moniepoint CEO Tosin Eniolorunda said in a statement. “It also shows the potential of African-founded companies to make an impact on the global stage.”
A Step Into the UK Market
The UK is one of the world’s most competitive fintech hubs, with hundreds of companies offering services such as mobile payments, online banking, and digital lending. Recognition from CNBC places Moniepoint in the same conversation as some of the biggest names in the industry.
Analysts say the move could help the company attract new customers, investors, and partners as it strengthens its foothold in Europe.
“This is a significant validation of Moniepoint’s business model,” said fintech analyst James Adeyemi, based in London. “It shows that solutions built in Africa can compete and succeed globally.”
Serving Underserved Customers
Moniepoint’s mission has been to provide financial services to people and businesses often left out of the traditional banking system. In Nigeria, many small businesses operate in cash and lack access to credit. Moniepoint created tools that allow these businesses to accept digital payments, pay bills, and grow.
That focus on financial inclusion is now part of its expansion into other markets. The company says its technology can benefit underserved communities in the UK as well.
Fintech Boom
The recognition comes at a time when African fintechs are attracting more global attention. Companies from Nigeria, Kenya, and South Africa have raised millions in investments and are expanding across borders.
Moniepoint’s success adds to a growing list of African startups proving competitive in global markets. Experts say this reflects both the strength of African entrepreneurship and the growing demand for digital financial solutions worldwide.
Looking Ahead
Moniepoint has not disclosed its next steps in the UK, but it is expected to continue building services for small businesses and individual users. Industry observers say the company’s strong base in Nigeria could serve as a launchpad for wider international expansion.
“This recognition is not the end but the beginning of another phase,” Eniolorunda said. “We want to keep building technology that helps people everywhere access better financial services.”
As fintech competition in the UK heats up, Moniepoint’s inclusion on CNBC’s list signals that Nigerian-founded companies are no longer just local players — they are becoming global contenders.
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“Kano Will Fall!” – NDC Candidate Declares Total War On APC Ahead Of 2027.
Aminu Abdulsalam Gwarzo, the Nigerian Democratic Congress (NDC) governorship candidate for Kano State, has declared his firm belief that his party will defeat the incumbent administration in the 2027 elections. During a recent event to affirm his candidacy, the former deputy governor emphasized the unity between the NDC and the Kwankwasiyya movement, asserting their shared determination to lead Kano State in a new direction.....KINDLY READ THE FULL STORY HERE▶
Gwarzo reaffirmed the movement’s unwavering commitment to the ideals of its leader, Rabiu Musa Kwankwaso, stating, “We are the followers of Kwankwaso. We are here, and we continue to pray day and night. By the will of Allah, this government will be defeated in a single stroke.” He pointed to the palpable enthusiasm within the movement as clear evidence that democratic change is well within reach.
Looking toward the upcoming election, Gwarzo outlined a strategy centered on robust grassroots mobilization and consistent engagement with the electorate. He also encouraged his supporters to maintain peace and adhere to the law as the political climate heats up. Finally, he called on the people of Kano to critically evaluate the performance of their political leaders to ensure they are prepared to make informed choices at the ballot box.
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“Relief At Last!” – Dangote Refinery Slashes Petrol Price To ₦1,250 Per Litre.
The Dangote Petroleum Refinery has adjusted its gantry price for Premium Motor Spirit (petrol), lowering it from ₦1,275 to ₦1,250 per litre, marking a two per cent reduction. This price shift is attributed to a decline in international crude oil prices, which serve as the refinery’s primary feedstock. An official from the refinery noted that such adjustments are expected in a deregulated market and emphasized that the company will continue to calibrate prices based on evolving market conditions. Despite this move, current retail prices at many filling stations across Nigeria remain above ₦1,350 per litre, with costs varying by location and marketer.Beyond pricing, the refinery has been credited as a key driver of Nigeria’s improving economic outlook. S&P Global Ratings recently upgraded the country’s long-term foreign- and local-currency sovereign credit ratings from “B-” to “B,” citing factors such as stronger economic growth, increased oil production, and improved external balances. S&P specifically highlighted the operational ramp-up of the Dangote refinery’s 650,000-barrel-per-day facility as a significant contributor to the nation’s enhanced balance-of-payments position and overall economic resilience.....KINDLY READ THE FULL STORY HERE▶
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Political Grudge Match: Ganduje Mocks Kwankwaso, Declares Him His Former “Political Boy”!.
A political war of words has erupted between former APC National Chairman Abdullahi Umar Ganduje and former presidential candidate Rabiu Musa Kwankwaso. The friction began when Kwankwaso, speaking at his Kano residence, insisted that prominent politicians—including Ganduje—owe their political rise to his mentorship and cannot deny their past loyalty to him. Ganduje, currently performing the Hajj pilgrimage in Saudi Arabia, responded through his chief of staff, Muhammad Garba, by asserting that Kwankwaso was actually his own protégé. Ganduje highlighted his role in Kwankwaso’s early career, including his support during Kwankwaso’s rise to the House of Representatives and his decision to step down as a gubernatorial candidate in 1998 to serve as Kwankwaso’s deputy. Ultimately, Ganduje advocated for moving away from “godfather” labels to focus on effective leadership and peace in Kano.....KINDLY READ THE FULL STORY HERE▶
Option 2: Concise Summary
Following Rabiu Musa Kwankwaso’s claims that top Kano politicians were once his “political boys,” Abdullahi Umar Ganduje has fired back, asserting he was actually the mentor in their relationship. While Kwankwaso insisted that his former allies owe their success to his political structure, Ganduje countered by citing his own past support for Kwankwaso’s career, including his sacrifice during the 1998 Kano governorship race. Furthermore, Ganduje requested respect for the office of current Governor Abba Kabir Yusuf and urged Kano’s political class to prioritize unity over divisive rhetoric regarding past hierarchies.
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