Introduction to Core Banking Systems Core banking systems are centralized platforms that handle essential banking operations—transaction processing, account management, ledgers, payments, and risk controls. In Nigeria, upgrading legacy systems is vital to meet rising customer expectations, fintech competition, and regulatory compliance. With the CBN emphasizing digital infrastructure expansion and financial
Technology is changing the world, and Nigeria is at the forefront. Could Nigerian software companies soon match the big names globally? This 2025 guide looks at Nigeria’s tech stars, showing how they turn ideas into digital products. Nigeria’s tech scene is growing fast, with a focus on fintech and AI. Companies like Optisoft Technology are leading the way, creating innovative solutions. Key Takeaways Whether you’re starting up or are a big company, this guide shows the best in Nigeria. It’s all about staying ahead with Nigeria’s tech leaders and their global influence. The Rise of Nigeria’s Software Development Industry Nigeria’s software development industry has evolved into a hub of innovation and digital transformation. Companies now deliver world-class solutions across fintech, e-commerce, AI, enterprise software and core banking solution. A Brief Look at Nigeria’s Tech Evolution 🔹 Early
The banking sector has long relied on manual processes to handle transactions, customer service, compliance, and back-office operations. However, in an era where efficiency and cost reduction are critical, the hidden costs of manual banking operations are becoming more apparent. From operational inefficiencies to increased human error, financial institutions are
Nigeria’s software development industry is experiencing rapid growth, driven by increasing digital adoption, government policies, and a thriving tech ecosystem. As businesses and startups seek innovative solutions, several trends are shaping the software landscape in 2025. Here are the top 10 software development trends transforming Nigeria: 1. Artificial Intelligence and
In today’s fast-paced financial landscape, Microfinance Banks (MFBs) face increasing pressure to streamline operations, reduce costs, and enhance efficiency. Manual financial processes, often prone to errors and delays, can hinder growth and impact profitability. This blog post explores the critical need for automation in MFB financial management and how Ezone
