Bank customers using the unstructured supplementary service data (USSD) payment channels will now pay a flat fee of N6.98 per transaction — replacing the current N4.89...
Chipper Cash, African cross-border payments startup, has raised a $100 million Series C led by a United States-based Venture Capital (VC) firm, SVB Capital. Founded by...
Central Bank of Nigeria (CBN) has released regulatory framework guiding the operations of non-bank acquiring in the country. A circular issued by Musa Jimoh, director, Payment...
Central Bank of Nigeria (CBN) has set capital benchmarks for firms involved financial technology and payment operations (Fintechs). Those in the top category, dealing with switching...
Central Bank of Nigeria (CBN) is planning on launching a digital version of the Nigerian Naira. According to Nairametrics, this was made known by Godwin Emefiele,...
Central Bank of Nigeria (CBN) has devalued the naira to N410.25 to dollar- a move officially confirmed by the adoption of the Nigerian Autonomous Foreign Exchange...
Central Bank of Nigeria (CBN) has debited commercial and merchant banks in the country a total of N120.2 billion for failing to live up to the...
The Monetary Policy Committee MPC of the Central Bank of Nigeria CBN has retained the Monetary Policy Rate at 11.5 per cent. Governor of the Central...
12 commercial banks had jointly pulled in N933.16 billion in profits and made N216.52 billion from charges on electronic transactions, as customers continue to complain of...
Polaris Bank, Nigeria’s leading retail Bank has launched a digital bank called VULTe. Speaking at the well-attended unveiling ceremony which held in Eko Hotel, Lagos the...