Owning ATM machines can be a profitable venture in 2025, offering a semi-passive income stream through surcharge fees on transactions. While the rise of digital payments has slowed overall cash usage, ATMs remain essential in cash-heavy sectors like retail, hospitality, and convenience stores, where about 58% of global transactions under $10 still involve cash. The … Read more
July 4, 2025 – As digital currencies gain global traction, African central banks are increasingly exploring Central Bank Digital Currencies (CBDCs) to modernize payment systems, enhance financial inclusion, and address economic challenges unique to the continent. According to a July 2025 report from Nairametrics and insights from the International Monetary Fund (IMF) and Atlantic Council, … Read more
Nigeria’s mobile money sector has seen significant growth, with transaction values reaching $1.26 trillion and a 41% increase in registered agents in 2023, according to a Bill Gates Foundation report. However, rural communities, home to 60-70% of Nigeria’s population, are largely excluded due to poor internet connectivity, limited digital literacy, and inadequate infrastructure. Despite high … Read more