30 results
- 7 Dec 2023
NIBSS Orders Banks to Suspend Opay, Flutterwave, Others from Transfer List
Nigeria Inter-Bank Settlement System (NIBSS) has asked banks to delist Payment Solution Service Providers (PSSPs) Switches and Super Agents from its outward payment or transfer list. Payment Solution…
- 23 Jan 2022
DPO Group Secures Licence to Provide Payments Services in Nigeria
One Payment Limited, a subsidiary of the leading Pan-African digital payments group, DPO Group has been granted a licence by the Central Bank of Nigeria to provide certain types of payments services…
- 5 Apr 2012
Valucard Metamorphoses into Unified Payments Company
ValuCard Nigeria Limited, foremost payment industry solutions provider has shed its toga to become a Unified Payment Services Limited. Bisi Onasanya, chairman, Board of Directors, Unified Payments®,…
- 29 Aug 2014
UBA Unwraps One-Stop e-Payment Portal
e-Commerce in Africa is set to receive a boost as United Bank for Africa (UBA) Plc has introduced an online payments and collections platform tagged U-bills. The online payment platform has been…
- 27 Jan 2020
CoralPay Deploys C’Gate, Composite Payment-Processing Engine
CoralPay Technology Limited has deployed the C’Gate, (CoralPay Payment Gateway and Processing) Platform, which has been described as the first interoperable USSD and mobile payment processing…
- 27 Mar 2019
Global Accelerex Bags CBN Award for PoS Transactions Performance
Global Accelerex Limited, one of Nigeria's leading payment terminal service provider and payment solution service provider, has been rewarded for its exceptional performance in the Nigerian…
- 22 Mar 2019
OneFi Acquires Amplify, Fuels Effort to Shape Nigeria’s Fintech
Amplified Payments Ltd , a fintech company that builds and facilitates payment solutions and digital financial transactions in Nigeria, has today announced its acquisition by One Finance Limited .…
- 12 Jul 2026
Hydrogen Employees Lead Blood Donation Drive to Support Lagos Communities
Hydrogen Payment Services Company Limited has reinforced its commitment to community impact through an employee-led blood donation drive in partnership with the Lagos State Blood Transfusion Service…
- 11 Jan 2021
FirstBank Kicks off 2021 with New Virtual Payment Card
FirstBank of Nigeria Limited, has launched its Virtual Payment card, a Naira denominated debit card and digital representation of the plastic debit card. The card is designed to be linked to either a…
- 26 Jun 2022
MTN Alleges N22Bn Fraud on Mobile Money Banking
MTN Communications Limited’s newly licensed Mobile Money Payment Service Bank Limited (MOMO PSB) has alleged a fraudulent loss of N22 billion in one month of operations. In a suit instituted by the…
- 27 Mar 2024
Lagos State Appoints MoneyMaster as Payment Partner for “Ounje Eko” Programme
"Ounje Eko", the food price discount initiative of the Lagos State Government, has appointed leading payment service bank, MoneyMaster Payment Service Bank Limited (MMPSB), as its collaborator in the…
- 14 Jan 2013
Interswitch Implements OTP Solution
Interswitch Limited, an electronic transaction switching and payment processing company, has introduced a One-Time-Password (OTP) solution for transactions done on the Internet. This is in compliance…
- 15 Feb 2016
Yudala, Airtel Unveil XTOUCH Smartphone, Offer Consumers Instalment Payment
XTOUCH, one of the leading consumer electronics providers in Middle East and Africa, has joined forces with composite retail outfit Yudala and Airtel to announce a new payment option for its new…
- 31 Aug 2020
FBNInsurance Develops e-Payment Channels
FBNInsurance Limited, a member of the Sanlam Group, said it has upgraded its digital capabilities and platforms to adequately serve its customers, especially its payment channels. The company said…
- 18 Mar 2024
MoneyMaster PSB Marks 2024 Global Money Week
MoneyMaster Payment Service Bank Limited (MMPSB), Nigeria’s payment service bank, is joining blue chip companies and other corporate entities across the globe to celebrate the 2024 Global Money Week…
- 10 Jan 2019
EcobankPay Enables Seamless Transaction Across Three Payment Platforms
Ecobank Nigeria Limited has stated that EcobankPay, a special merchant QR Code product of the Pan African Bank, has continued to enable customers make seamless payment for goods and services across…
- 15 Dec 2020
Shago Unveils e-Commerce Platform Today
A new Nigerian fintech start-up, Shago Payments Limited, will today unveil its bill payment and e-commerce platform to serve the banked and unbanked locally and internationally. Sabastine Enechi, the…
- 27 Feb 2013
Eventsrail Unwraps Mobile Website for Tickets’ Sales
Evenstrail Limited, one of the pioneers of online registration and ticketing services in Nigeria and the first to directly integrate Mastercard, Verve and Visa card payment solutions has launched its…
- 5 Oct 2022
MoMo Bill Payment: What it is and why to use it
Payments are a necessity for both individuals and businesses. The need to make payments is perhaps the one thing all customers have in common. Daily, individuals and businesses pay utility bills such…
- 19 Oct 2013
Rethinking the National ID Project
The national identification card is a key piece of information that opens door to citizen’s personal information. And because it is national, it is sovereign just like Nigeria as a country. It is one…
- 16 Jun 2024
MoneyMaster to Showcase Mobile Wallet @ Ojude Oba Festival
As the ancient city of Ijebu ode gets set to host another Ojude Oba festival, Nigeria’s leading payment service bank, Moneymaster Payment Service Bank Limited (MMPSB) has concluded arrangements to be…
- 17 Oct 2017
Holla Taxi Allows Payment with USSD Code, Other Exciting Offers
By peter oluka Ease of payment is one of the reasons some Nigerians shun e-payment related platforms. Now, with the rise of Unstructured Supplementary Service Data (USSD), payment has become even…
- 16 Apr 2026
Top 7 Reliable Virtual Cards for Running Ads in Nigeria
Meta Description: Tired of ad payment failures? Discover the most reliable virtual cards in Nigeria for running Facebook, Google, and TikTok ads without interruptions. One of the biggest challenges…
- 6 Nov 2020
Orange- One Finance Woos Customers With Bespoke Financial Services
Orange- One Finance Limited has unveiled a potpourri of investment products to Nigerians, to meet their diverse financial needs. Iyobosa Iyamu, managing director of Orange-One Finance, listed six…
- 22 Nov 2021
Investment One to Drive Market Expansion with New Solution
Investment One Financial Services through its Venture Capital subsidiary, Investment One Vencap Limited has taken a stake in Paycode, a rapidly growing fintech business focused on financial inclusion…
- 1 Nov 2021
Xpress Payment Urges FG on Increased Collaboration
Xpress Payment Solutions Limited has called on economic managers to strengthen its collaboration with fin tech companies to achieve a virile and healthy fin tech industry. Indeed, the firm stated…
- 6 Jul 2022
Kenyan Court Freezes Accounts of Flutterwave, Others for Alleged Money Laundering
A Kenyan high court has reportedly frozen the accounts of Futterwave, a Nigerian fintech, among over alleged money laundering. A total of 56 bank accounts holding a whopping Sh7 billion suspected to…
- 8 Dec 2023
Eight Important Steps to Secure Your Bank Account this Holiday
One of the factors limiting financial inclusion among the unbanked is the perception that banks are not safe to store money. This concern increases exponentially with digital banking platforms as the…
- 29 Sept 2024
NDIC Adpots NIBSS to Pay Heritage Bank Depositors, List Steps to Claim Trapped Funds
Nigeria Deposit Insurance Corporation (NDIC) has announced the adoption of the Nigeria Inter-Bank Settlement System (NIBSS) for payment of insured depositors of the defunct Heritage Bank, citing…
- 30 May 2025
Hydrogen, Lagos State Touch Thousands of Business Owners with “Healthy Heart, Healthy Business” Outreach
As part of its continued effort to support the growth and sustainability of Nigerian enterprises, Hydrogen Payment Services Company Limited joined forces with Ikeja Local Government Area and the…
