Flutterwave named Africa’s Best Payments Infrastructure Provider at Euromoney Transaction Banking Awards 2026

Author: dailypost.ngPublished on: November 6, 2026Country: Nigeria
Business & EconomyTechnology
Flutterwave named Africa’s Best Payments Infrastructure Provider at Euromoney Transaction Banking Awards 2026

Flutterwave was named Africa’s Best Payments Infrastructure Provider at the 2026 Euromoney Transaction Banking Awards as the company marks its tenth anniversary. Founded in 2016, it connects local payment methods, banking networks and international payment systems through a single platform. The company says it serves approximately four million individuals and businesses and has processed more than one billion transactions worth over US$50 billion. CEO Olugbenga “GB” Agboola said Flutterwave is expanding beyond payments to build broader financial infrastructure that includes banking and stablecoin capabilities.

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Grid instability did not cause IE Band A outages, TCN says
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Grid instability did not cause IE Band A outages, TCN says

The Transmission Company of Nigeria (TCN) says grid instability did not cause the Ikeja Electric (IE) Band A outages reported on Nov. 3 and 4. TCN communications chief Ndidi Mba said the 2023 Electricity Act assigns the Nigerian Independent System Operator (NISO), not distribution companies, responsibility for determining the causes of grid disruptions. NISO attributed lower power generation to gas supply constraints at thermal plants and reduced hydroelectric output, cutting the energy allocated to distributors. TCN records showed interruptions were mainly linked to low-generation load shedding, faults or allocation non-compliance on IE’s network, and planned maintenance—not TCN equipment failures.

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