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Fintech Disruption: CardriSplash Set To Redefine Africa’s Payment Landscape
NEWS REPORT....KINDLY READ THE FULL STORY HERE▶
A new chapter in African financial technology has opened as Cardri, a rising fintech company, introduced CardriSplash, an innovative payments application designed to transform intra-African and global transactions.
Industry watchers note that the app directly addresses the long-standing challenges of cross-border trade within Africa, including high transfer fees, currency barriers across 42 African nations, and delays that have slowed commerce on the continent. With CardriSplash, users can conveniently fund digital wallets in their local currencies—such as the naira—and send money instantly across African countries.
The platform extends beyond the continent, offering global payout capabilities to 92 countries. It further supports instant domiciliary account funding, as well as payment integrations with Alipay and Chinese bank accounts, providing opportunities for African businesses and individuals to engage seamlessly with international markets.
Observers describe one of the app’s most groundbreaking elements as its AI-driven risk management system, which is currently in development. This tool is expected to shield users from volatile foreign exchange rates, inflation surges, and unpredictable market shocks—a lifeline for small businesses, importers, and entrepreneurs navigating uncertain economies.
Founders of the company emphasize that Cardri’s ambition is to evolve into Africa’s premier “Financial Super App”—a unified digital ecosystem that merges payments, international reach, and intelligent risk protection.
With the African Continental Free Trade Area (AfCFTA) gaining momentum, industry experts believe Cardri’s innovation could remove major financial hurdles to regional integration. Analysts say this leap could pave the way for a frictionless African economy where capital, ideas, and enterprises flow across borders more freely than ever before.
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FISCAL EMERGENCY! Nigeria Plunges Deeper Into Debt Crisis as FG Borrowings Surge by 61% to Reach ₦12.62 Trillion!
According to the 2024 Fourth Quarter and Consolidated Budget Implementation Report released by the Budget Office of the Federation, the Federal Government exceeded its original borrowing target by ₦4.79 trillion, reaching a total borrowing of ₦12.62 trillion—a 61.2% increase from the planned ₦7.83 trillion.....KINDLY READ THE FULL STORY HERE▶
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Revenue Shortfall: Total revenue stood at ₦20.98 trillion, falling ₦4.90 trillion short of the ₦25.88 trillion target, largely driven by lower-than-expected oil earnings (gross oil revenue missed its target by ₦4.93 trillion due to lower crude prices and production output).
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Expenditure & Deficit: Total expenditure was ₦34.49 trillion (close to the ₦35.06 trillion estimate). However, the revenue shortfall widened the fiscal deficit to ₦13.51 trillion, which is ₦4.34 trillion higher than projected.
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Debt Servicing & Public Debt: Total debt expenditure surged to ₦12.36 trillion (exceeding the budgeted ₦8.27 trillion by 52.71%). By December 2024, Nigeria’s total public debt climbed to ₦144.67 trillion, pushing the debt-to-GDP ratio to 61.22%.
Stakeholder Perspectives:
While economic experts like Aliyu Ilias and Dr. Muda Yusuf cautioned against the rapid accumulation of debt and its inflationary risks, the Presidency and Finance Minister Taiwo Oyedele defended the borrowings. They emphasized that loans remain vital for funding critical infrastructure, provided the funds are utilized productively for high-return assets.
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SHOCKING DOWNGRADE! How A Once-Powerful Kano Local Government Boss Returned To Sewing Machines Following Election Heartbreak!
Abdullahi Gali Shitu (also known as Comrade Abdullahi Gali Basaf), the former chairman of Kumbotso Local Government Area in Kano State who served until March 2026, has returned to his tailoring profession following an election defeat. Speaking to Daily Trust, Basaf shared that he intentionally went back to tailoring because it provides greater stability than politics. He stressed that politics should be seen as a platform to serve rather than a permanent livelihood, advising that individuals must possess a sustainable trade.....KINDLY READ THE FULL STORY HERE▶
Reflecting on his journey, Basaf noted that his tailoring business previously funded his political campaigns and organizations. Despite holding Bachelor’s and Master’s degrees in Political Science along with extensive professional networks, he chose his lifelong passion for tailoring to make a greater societal impact. Currently mentoring around twenty apprentices, his long-term vision is to modernize the craft, establish an international-standard garment company to employ over fifty people, and teach young people to find dignity in skilled trades.
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THE ULTIMATE REWARD! Wike Approves Massive Promotion For 3,592 FCT Workers In Daring Administrative Sweep!.
The Federal Capital Territory (FCT) Minister, Nyesom Wike, has greenlit the promotion of 3,592 civil servants, successfully concluding the 2025 promotion cycle overseen by the FCT Civil Service Commission.....KINDLY READ THE FULL STORY HERE▶
Emeka Ezeh, Chairman of the FCT Civil Service Commission, highlighted that the promotion underscores the administration’s dedication to staff welfare under the Renewed Hope Agenda. The senior and junior staff promotion exams were successfully conducted in July, and Ezeh commended Minister Wike for providing the support necessary for a seamless exercise.
Key Highlights:
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Immediate Follow-Up: Minister Wike has directed the commission to instantly kick off the 2026 promotion exercise to ensure timely career progression without delays.
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Merit and Preparation: Ezeh reminded prospective candidates for the upcoming cycle to prepare early, emphasizing that promotions remain strictly merit-based, competitive, and dependent on available vacancies.
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Stakeholder Appreciation: The commission praised FCT civil servants for their orderly conduct and extended gratitude to the Joint Union Action Committee (JUAC) for its vital cooperation.
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