The Central Bank of Nigeria (CBN) has introduced stricter regulatory measures for Point-of-Sale (PoS) operations as part of efforts to improve oversight, enhance consumer protection and...
A growing dispute within Nigeria’s electronic payments industry has raised concerns about the future processing of Verve card transactions after a group of licensed payment operators...
OPay has expanded its operational footprint in Nigeria with the establishment of a new office in Jos, Plateau State as the fintech company intensifies its push...
FairMoney Microfinance Bank has announced the appointment of Gbenga Shobo as Chairman of its Board and Debo Aderoju as Executive Director and Chief Risk Officer, in...
The Central Bank of Nigeria (CBN) has directed deposit money banks to adopt automated anti-money laundering monitoring systems within the next 18 months as part of...
MTN Group is evaluating potential acquisitions in the fintech space as it accelerates its transition from a traditional telecom operator into a broader digital and technology-led...
Central Bank of Nigeria (CBN) has identified Nigeria’s real-time payments infrastructure as a strategic national asset, citing its scale, resilience, and role in driving financial inclusion...
The Central Bank of Nigeria (CBN) has disclosed that Nigeria processed nearly 11 billion real-time payment transactions in 2024. According to a fintech ecosystem report developed...
Nigeria Revenue Service has commenced enforcement of 7.5% value-added tax (VAT) on service charges linked to digital financial transactions, leading to higher fees across point-of-sale payments,...
Paystack has completed the acquisition of Ladder Microfinance Bank as it moves to transition from a payments-focused model into regulated banking operations. The transaction provides Paystack with...