30 results
- 2 Apr 2026
CBN Plans New Payment Systems Vision
Central Bank of Nigeria (CBN), has said that it will be launching a new payment systems vision that will outline where the entire ecosystem is expected to be heading in the next three years. Olayemi…
- 25 Feb 2016
Confusion as CBN Says eTranzact, Others not Licensed PSSPs
Central Bans of Nigeria (CBN) has claimed that only four e-payment firms in the country are licensed as Payment Solution Service Providers (PSSPs), according to financialtechnologyafrica.com. The…
- 3 Apr 2026
CBN, Banks, Fintechs Launch PSPC to Boost Nigeria's Payment System
Central Bank of Nigeria (CBN), alongside commercial banks and fintech operators, has unveiled the Payments Service Providers Committee (PSPC) to tackle gaps in the country's payment infrastructure.…
- 5 Jun 2013
Unified Payments Appoints New Directors
Unified Payment Services Limited has appointed Babatunde Okeniyi, director, Marketing and Sales and Sina Joseph as director, Information Technology & Operations. Okeniyi will bring to his new…
- 27 Nov 2012
Banks, Service Providers Parley on Removal of ATM Charges
The Association of Corporate Affairs Managers of Banks (Acamb) has said that the implementation of the Bankers Committee’s resolution to scrap the N100 charge on the usage of ATM of banks in which…
- 23 Nov 2021
eNaira: CBN Rallies PSPs, Fintechs to Deepen Adoption
The Central Bank of Nigeria (CBN) yesterday said it was working with key stakeholders in the payment system ecosystem to boost the adoption of its digital currency known as the eNaira. The…
- 21 Sept 2014
ATM Charge Will Boost Use of PoS - Ogungbade
Tunde Ogungbade, managing director and CEO, Global Accelerex Limited, a payment terminal service provider and a payment terminal application development company has about 19 years of global…
- 18 Jan 2023
CeBIH Seeks Collaboration to Combat Fraud in Electronic Payment
The Committee of e-Business Industry Heads, CeBIH, has expressed its readiness to collaborate with private and public sector agencies to tackle electronic payment fraud in Nigeria in order to restore…
- 23 Nov 2009
NCS Must not Compete with Commercial Payment Schemes-Experts
Global e-payment experts who converged at the second E-Payment Providers Association of Nigeria (E-PPAN) Techno-Interactive conference in Lagos recently agreed among other issues that the Nigeria…
- 19 May 2008
Poor Services: Senate Rejects Mode of Payment
The Senate, Nigeria’s upper legislative arm has said that the approach of payment of the N4 billion compensation to Nigerian subscribers for poor services rendered by GSM operators was…
- 17 Mar 2020
Reps Ask DSTV, Others to Introduce Pay As You Go Tariff
The House of Representatives has resolved to set up an ad-hoc committee to interface with Mutichoice Digital Satellite Television (DSTV) and other service providers to introduce the Pay as You Go…
- 14 Dec 2021
FG Collects 7trn Through TSA
The federal government collected the sum of N7 trillion through the Treasury Single Account between January and November, this year. The Minister of Finance, Budget and national Planning, Mrs. Zainab…
- 5 Jul 2024
NetplusDotCom, Nigerian Banks Partner on Contactless Payment
The NetplusDotCom, which is licenced by the Central Bank of Nigeria (CBN) as a Payment Service Provider (PSP), is collaborating with Zenith Bank, FCMB, Wema Bank, First Bank of Nigeria and Providus…
- 9 Jan 2013
CBN Mulls Office of Ombudsman for e-Payment Disputes
Central Bank of Nigeria (CBN) is to establish the Office of Ombudsman made up of representatives with significant degree of independence to investigate and address complaints as well as disputes of…
- 19 Jul 2014
Summit Participants Want More Training for Public Sector on E-Payment
Following successful hosting of the 3rd Annual E-Payment for government Summit by E-payment Providers Association of Nigeria, participants believe continuous training of public sector operators on…
- 2 Apr 2024
Moniepoint Gives Details of How its Redefining Payments in Nigeria with Flexible Options
Moniepoint, a leading fintech company has said that beyond redefining payments and technology and the payment industry, it also ensures that it provides its businesses and partners with several…
- 14 Jan 2020
House, EFCC to Probe Defaulting Telcos of NITDA Fund
Alhaji Lado Abdullahi, chairman, House of Representatives Committee on ICT, has said that Economic and Financial Crimes Commission (EFCC) will join the committee to investigate telecom providers,…
- 17 Mar 2024
Moniepoint Emerges Lead Sponsor of Payments Forum Nigeria - PAFON 1.0
Moniepoint Inc. a global digital financial services provider with operations in Nigeria and an ongoing expansion into other emerging markets, has emerged the lead sponsor of the maiden edition of…
- 12 May 2008
GSM Service: N4Bn Compensation Tears National Assembly Apart
The disbursement of the N4 billion awarded to Nigerian subscribers as compensation arising from poor quality of service by Global System for Mobile Communications (GSM) operator would have to wait…
- 6 Mar 2016
Senate Invites Shittu, Comms Minister, Others over MTN Fine
Senate Committee on Communications has asked Adebayo Shittu, minister of Communications and Abubakar Malami, his counterpart, the Attorney General of the Federation (AGF) and minister of Justice, to…
- 13 Nov 2025
Senate Seeks Full Disclosure in Probes Stamp Duty Collections
Senate has requested the Central Bank of Nigeria (CBN) and the Federal Inland Revenue Services (FIRS) to provide detailed information on revenue generated from Stamp Duty payments. Sen. Aliyu Wadada,…
- 2 Nov 2016
eFraud Confab: Industry CEOs, Stakeholders Meet in Lagos
Top-notch chief executive officers (CEOs) of organisation from within and outside the electronic payment industry and other key stakeholders in the economy are set to converge on Lagos next week for…
- 30 Nov 2014
CeBIH Seeks Innovation-enabling Regulations in E-payment
The Committee of e-Banking Industry Heads (CeBIH) has called for a regulatory environment that promotes innovation in the e-payment industry. Tunde Kuponiyi, group’s Chairman, who made the call at…
- 26 Jun 2012
Cash-lite Operators Plan 200,000 PoS by Year End
Point of Sale terminal (PoS) operators in the Central Bank of Nigeria (CBN) cashless policy plan to deploy 200,000 terminals by the end of the year, Nigeria CommunicationsWeek can now report.…
- 26 Mar 2024
PAFON 1.0: Experts Harp on Stricter Data Privacy Measures in Payments Ecosystem in AI Era
Mr. Festus Amede, Chairman of the Committee of Chief Information Security Officers of Nigerian Financial Institutions (CCISONFI) has identified Data Minimization Principles, User Consent and Control,…
- 10 Jun 2026
Senate Moves to Regulate Crypto Sector, Seeks Investor Protection
Senate has passed the Virtual Asset Service Providers Regulation Bill, 2026 for its second reading, marking a major legislative step toward establishing a comprehensive legal framework for the…
- 20 Feb 2025
Reps Summon Galaxy Backbone over Alleged Financial, Contract Breaches
Galaxy Backbone, Nigeria’s information technology and shared service provider, has been given 72 hours to appear before the House of Representatives Public Accounts Committee (PAC) due to multiple…
- 11 Apr 2018
NCC, CBN Ink Agreement on Payment Systems
Nigerian Communication Commission ( NCC ) and the Central Bank of Nigeria ( CBN ) on Tuesday in Abuja signed a Memorandum of Understanding ( MoU ) on payment system. Prof. Umar Danbatta,…
- 12 Apr 2021
Appzone Secures $10mn Series A Funding
Appzone, the Pan-African fintech software provider building proprietary solutions for the continent’s banking and payments industries, has today announced the close of its $10mn Series A round. Led…
- 20 Oct 2016
GITEX: SystemSpecs Releases Remita Mobile Version, Targets Expansion
SystemSpecs is to release the mobile version of Remita e-payment and e-collection platform before year-end, as it targets Pan-African expansion From their smart and feature phones, millions of…