Nigeria

Nigeria’s eNaira Adoption May Be Hindered by Gov’t Mistrust
Nigeria’s eNaira Adoption May Be Hindered by Gov’t Mistrust
November 07, 2021  |  CBDC

Nigeria’s eNaira digital currency is proving popular, although some critics say the population’s mistrust of the government might hinder its progress, the Financial Times (FT)...

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Nigeria to Debut its eNaira Currency Today
Nigeria to Debut its eNaira Currency Today
October 24, 2021  |  CBDC

  Nigeria’s eNaira digital currency will roll out officially on Monday (Oct. 25), according to Reuters. The news comes after Nigeria earlier this year banned...

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Nigerian Crypto Ban Hasn’t Ended Use of Digital Currency 
Nigerian Crypto Ban Hasn’t Ended Use of Digital Currency 
October 12, 2021  |  Cryptocurrency

Despite a ban from their country’s central bank, people in Nigeria have turned to cryptocurrency to conduct business, send payments and guard their savings.  As...

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Nigerian SMBs Get Digital Payments Boost Through Untapped Global-Paga Pairing
Nigerian SMBs Get Digital Payments Boost Through Untapped Global-Paga Pairing
October 04, 2021  |  Partnerships / Acquisitions

Investment company Untapped Global on Monday (Oct. 4) announced that it’s expanding its partnership with Nigerian mobile payments platform Paga to help small businesses accept...

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Bitcoin Daily: Ethereum Software Upgrade Aims To Stabilize Crypto Fees; Luxury Brand Burberry To Release NFT Collection
Bitcoin Daily: Ethereum Software Upgrade Aims To Stabilize Crypto Fees; Luxury Brand Burberry To Release...
August 05, 2021  |  Bitcoin

A new software update for Ethereum, the second-largest blockchain network, will likely stabilize transaction fees and cut down on the supply of the tokens, according...

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Nigeria’s FairMoney Nets $42M To Expand FinServ For The Underbanked
Nigeria’s FairMoney Nets $42M To Expand FinServ For The Underbanked
July 02, 2021  |  Fintech Investments

FinTech FairMoney has raised $42 million in a Series B funding round to expand its financial services offerings in Nigeria and India, Nairametrics reported Friday...

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Nigerian Payments Giant OPay In Talks To Raise $400 Million At $1.5 Billion Valuation
Nigerian Payments Giant OPay In Talks To Raise $400 Million At $1.5 Billion Valuation
May 26, 2021  |  Investments

Payments company OPay could be looking at raising $400 million, according to a report from TechCabal. The company launched in Egypt this year and is...

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Nigeria Renews Cash-For-Digital-Remittance Offer
Nigeria Renews Cash-For-Digital-Remittance Offer
May 06, 2021  |  Digital Payments

The Central Bank of Nigeria (CBN) has renewed its cash reward incentive for using digital remittances, according to a bank memo addressed to all deposit...

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FIS Expands Payment Capabilities Into Malaysia, Nigeria, South Africa
FIS Expands Payment Capabilities Into Malaysia, Nigeria, South Africa
April 21, 2021  |  International

FIS is expanding its payment processing capabilities into three fast-growing markets: Malaysia, Nigeria and South Africa. The financial products provider announced on Wednesday (April 21)...

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