Beyond the beep: Why Nigeria’s fintech boom hasn’t made us richer

    Tomiwa Ogunmodede | Insights | Nov 26, 2025    
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Nigeria’s fintech revolution is a remarkable achievement—at least on the surface. With 74 percent financial inclusion, ₦237 trillion in digital transactions in Q1 2024, and unicorns like Moniepoint pushing over a billion payments monthly, the numbers dazzle. In markets across Lagos, the chirping beep of a successful POS transaction has become the soundtrack of commerce.

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