The Nigerian FinTech Fincra has received a payment license from the Central Bank of Nigeria (CBN). In a blog post Thursday (Jan. 19), the company stated that...
The Central Bank of Nigeria (CBN) is taking a tough stance on the cash economy. On Monday (Jan. 9), new limits on ATM withdrawals come...
Central banks around the world have diverged in the design of CBDCs. As the investigation phase of the European Central Bank’s (ECB) digital euro project...
The Central Bank of Nigeria has redefined ATM withdrawal limits to encourage digital currency usage. In a Tuesday (Dec. 6) press release, the CBN said...
Nearly a year after its launch in October 2021, Nigeria’s central bank digital currency (CBDC), the eNaira, is beginning to gain traction in the country....
Unbanked Nigerians and those using a feature phone in the country will soon have access to eNaira banking services through an Unstructured Supplementary Service Data...
In today’s news from Europe, the Middle East and Africa (EMEA), the European Commission opened its new Californian “embassy,” the Central Bank of Nigeria has...
African payments technology firm Flutterwave has been granted a Switching and Processing License by the Central Bank of Nigeria, which is widely considered the most...