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Electronic payment (e-payment) transactions worth N203.35 trillion were carried out by banks between January and June, this year, Central Bank of Nigeria (CBN) half-year e-payment figures...
Bank customers are to pay more for Point of Sale (PoS) transactions. This follows a Central Bank of Nigeria’s directive to banks to charge N50 Stamp...
The number of bank accounts in Nigeria has hit 36 million, as Bank Verification Number (BVN) enrolment in the country increased to 38,696,142, according to figure...
The Fintech industry in Nigeria is warming up for yet another round of electrifying discourses at the PoS Innovation Summit scheduled to hold on Tuesday, May...
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 electronic...
Mines, a fintech startup re-inventing credit in emerging markets, has closed a Series A round of $13M led by The Rise Fund, a global fund managed...
MTN Nigeria along with sixteen banks and all major mobile telcos, came together for the Nigeria Inter-Bank Settlement Systems’ relaunch of mCASH this week. The...
Commuters on the Lagos Bus Rapid Transit (BRT) system can now board buses using a contact-less card payment system. The system allows commuters who ride on...
By peter oluka ‘Niyi Ajao, executive director, Business Development, NIBSS Plc., believes information technology (IT) experts have crucial roles to play to assist Nigeria deepen its...
NIBSS collaborates with PFS to launch National Automated Cheque Cheque Clearing System Nigeria Inter-Bank Settlement System [NIBSS] and Precise Financial Systems [PFS] have collaborated to unveil...