Fintechs
Fintech

How Fintechs Are Winning Among Unbanked Rural Population

Nigeria, according to the World Population Review, is estimated to have over 99 million adult population. On the flip side

NCC
Banking Telecom

Nigerians to Pay For USSD Services Offered by Banks

Telecommunications companies in Nigeria recently threatened to suspend USSD services due to the failure of banks to pay for the

YDFS
Financial Inclusion Fintech Technology

Y’ello Digital Financial Services Expands Cardless Cash Withdrawal Service to Over 20 Banks and 20 Other Financial Institutions

Mobile money service provider, Y’ello Digital Financial Services has announced the expansion of its MoMo Agent cardless cash withdrawal service

CBN
Banking Cryptocurrency

Access Bank, GTB Begin Closure of Crypto Accounts

Following the recent directive by the Central Bank of Nigeria (CBN) to banks to close all crypto accounts in its

#EndSARS
Banking Legal

Court Orders CBN to Unfreeze Bank Accounts of #EndSARS Promoters

The Central Bank of Nigeria (CBN) has been ordered by Justice Ahmed Mohammed of a Federal High Court, Abuja to

CBN
Cryptocurrency

CBN’s Order To Banks To Immediately Close All Crypto Accounts Shows That Nigeria Is Being Governed By Technophobic Leaders

The Central Bank of Nigeria (CBN) in a rather surprising and shocking move has ordered banks, non-bank institutions, and other

CBN
Payment

CBN Revokes Operating Licenses of Seven Payment Service Banks

The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of seven payment services providers and one Switch service

CBN
Money Transfer Payment

Azimo, Transfer Wise Not Licensed Money Transfer Operators, CBN Alerts Nigerians

The Central Bank of Nigeria (CBN) has warned that Azimo and Transfer Wise are not licensed to operate as international

CBN
Banking Legal

Court Declares N50 Stamp Duty Illegal, Restrains Bank From Further Deduction

A Federal High Court in Asaba has declared as unlawful, illegal, null, and void the deduction of the sum of

WorldRemit
Business Money Transfer Payment

WorldRemit Set to Offer USD Payout Option in Nigeria

WorldRemit has announced that its customers in Nigeria can now receive remittances in foreign currency (USD) through its cash pick