Nigeria’s switchover to new paper currency has grown more chaotic. ATMs in Africa’s largest economy have run out of new notes, Bloomberg News reported Saturday...
Nigeria is having a tough time switching over to some new paper currency. The Financial Times (FT) reported Friday (Feb. 3) that a shortage of the new...
The Nigerian FinTech Fincra has received a payment license from the Central Bank of Nigeria (CBN). In a blog post Thursday (Jan. 19), the company stated that...
A new partnership between Bolt and CredPal is bringing ride now, pay later to Nigeria. The deal between the Estonian mobility company and Lagos-based buy...
Airtel Africa has acquired 5G spectrum capacity in Nigeria, one of the region’s largest economies. The news, announced by the company this week, means that...
The Central Bank of Nigeria (CBN) is taking a tough stance on the cash economy. On Monday (Jan. 9), new limits on ATM withdrawals come...
Nigeria will ban cash withdrawals from government accounts from March 1. Modibbo Tukur, the chief executive of the Nigerian Financial Intelligence Unit (NFIU) said the...
Central banks around the world have diverged in the design of CBDCs. As the investigation phase of the European Central Bank’s (ECB) digital euro project...
Digital bank Gomoney now offers a “split bill feature” for its customers in Nigeria. The firm said this feature makes it easier for multiple users...