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...
Nigerians will now pay stamp duties on WhatsApp messages, SMS, and messages via any electronic platform acknowledging receipt of funds, according to Federal Inland Revenue Service...
Telecommunications operators in the country have resolved to withdraw Unstructured Supplementary Service Data (USSD) service they deliver to banks, saying they cannot deliver such service free...
Inactive bank accounts rose by four million or 10 percent to 45 million in one year period ending October 31, 2019 from 41 million as at...
