Central Bank of Nigeria (CBN) has issued a new directive mandating that all Point-of-Sale (PoS) transactions at merchant and agent locations, whether physical or electronic, must...
Mrs. Bella Disu, Executive Vice Chairman of Globacom says the company is poised to help drive the realization of the Federal Government’s digitalization agenda. She stated...
Central Bank of Nigeria says it has received reports of deposit money banks and Point-of-Sale operators colluding to continue to make cash scarce. The apex bank...
Mobile Money Agents, under the aegis of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), said the recent increase in Point of Sales...
Mastercard, in partnership with First City Monument Bank (FCMB) and Netplus, have launched a contactless payment solution that enables consumers, merchants, and financial institutions to process...
Zenith Bank has suspended international transactions on its naira cards from Monday, January 9, 2023. The bank said this in a recent notice to its customers....
The Central Bank of Nigeria (CBN) has increased the maximum weekly limit for cash withdrawals across all channels by individuals and corporate organisations to N500,000 and...
KongaPay, a Central Bank of Nigeria (CBN)-licensed fintech platform, is on course to grow its active subscriber base to over three million by 2022, data released...
NetPlusDotCom, Fintech and payment service provider, has gone into a partnership with First City Monument Bank (FCMB), to develop and deploy a notification service for merchants...
Central Bank of Nigeria (CBN) has revised timelines for reversals and/or the resolution of refund complaints on electronic channels, with effect from June 8, 2020. This...
