Flutterwave
Every story we have published on Flutterwave.
Dangote targets $50bn valuation in Africa’s biggest IPO
Aliko Dangote is targeting a $50 billion valuation for the Dangote Petroleum Refinery IPO on the Nigerian Exchange, with a prospectus submitted for regulatory review and a subscription window expected to open in August…
Nigeria banks hit record N20.2tn capital
Nigeria’s five largest banks crossed N20.2 trillion ($13.9 billion) in combined shareholders’ funds, the highest equity base in Nigerian banking…
Airtel Africa triples profit to $813m
Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of $6.42 billion as data overtook voice as the largest revenue…
Nigeria threatens to halt delayed World Bank loans
Nigeria has threatened to stop disbursements on World Bank loans not processed within six months of approval, pushing back against bureaucratic…
Otedola gains $36.5m in a day on First HoldCo surge
Femi Otedola made $36.5 million in paper gains in a single trading day as First HoldCo surged 10% on the Nigerian Exchange following record Q1…
Somalia’s Hormuud finances 100,000 smartphones for poor
Somalia’s Hormuud Telecom is financing 100,000 smartphones for low-income subscribers through deposit and instalment payments via its EVC Plus…
LemFi commits £100m to go global from London
Nigerian-founded LemFi committed £100 million to global infrastructure and designated London as its global headquarters as part of the UK-Nigeria…
Flutterwave opens Africa payment rails to the world
Flutterwave and Yuno announced a partnership on April 28 that gives global merchants single-API access to African payment rails across seven…
MTN Nigeria Q1 profit surges 166% to N355bn
MTN Nigeria posted N355.5 billion profit after tax in Q1 2026, up 166%, on N1.498 trillion in revenue as data revenue surged 56% and fintech jumped…
OPay hits $3.1bn as Opera flags 85% IPO probability
Opera’s FY2025 SEC filing values OPay at $3.1 billion and assigns an 85% probability of an IPO within two years. It is the clearest public signal…
MTN buys back its towers in $6.2bn deal
MTN Group agreed to acquire the 75% of IHS Towers it did not already own in an all-cash deal valuing Africa’s largest tower company at $6.2 billion,…
African banks cross $107bn revenue for first time
African banks crossed $107 billion in revenues in 2025 for the first time, with a 19% return on equity nearly double the global average, according…
Flutterwave gets Nigerian banking licence at 10
Flutterwave secured a Nigerian banking licence on April 2, allowing Africa’s most valuable fintech to hold deposits, lend directly and capture the…