Nigeria

B2B Payments Suffer as Nigeria Promotes Cashless Economy

B2B Payments Suffer as Nigeria Promotes Cashless Economy
B2B Payments Suffer as Nigeria Promotes Cashless Economy
April 27, 2023  |  B2B Payments

The move to ban cash withdrawals from government accounts in Nigeria in an attempt to digitize its economy has been a “massive hindrance” to the...

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Nigerian Cash Shortage Drives 63% Uptick in Digital Currency Use
Nigerian Cash Shortage Drives 63% Uptick in Digital Currency Use
March 22, 2023  |  CBDC

A cash shortage in Nigeria has made the country’s digital currency much more popular. Get the Full Story Complete the form to unlock this article...

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Nigeria Greenlights Open Banking to Deepen Financial Inclusion, Boost Innovation
Nigeria Greenlights Open Banking to Deepen Financial Inclusion, Boost Innovation
March 09, 2023  |  Bank Regulation

Open banking is now live in Nigeria, the first country to adopt open banking regulations in the Africa region. Get the Full Story Complete the...

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Nigerian ATMs Run Dry Ahead of Currency Switchover
Nigerian ATMs Run Dry Ahead of Currency Switchover
February 05, 2023  |  Cash

Nigeria’s switchover to new paper currency has grown more chaotic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Nigeria Faces Shortages in Transition to New Paper Bills
Nigeria Faces Shortages in Transition to New Paper Bills
February 03, 2023  |  Cross-border Payments

Nigeria is having a tough time switching over to some new paper currency. Get the Full Story Complete the form to unlock this article and...

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Fincra Receives Payment License From Central Bank of Nigeria
Fincra Receives Payment License From Central Bank of Nigeria
January 20, 2023  |  Banking

The Nigerian FinTech Fincra has received a payment license from the Central Bank of Nigeria (CBN).  Get the Full Story Complete the form to unlock...

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Ride Now, Pay Later Unlocks Growth in Africa’s Ride-Hailing Sector
Ride Now, Pay Later Unlocks Growth in Africa’s Ride-Hailing Sector
January 18, 2023  |  BNPL

A new partnership between Bolt and CredPal is bringing ride now, pay later to Nigeria. Get the Full Story Complete the form to unlock this...

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Nigeria’s 5G Race Heats Up as Airtel Acquires New License
Nigeria’s 5G Race Heats Up as Airtel Acquires New License
January 12, 2023  |  Europe

Airtel Africa has acquired 5G spectrum capacity in Nigeria, one of the region’s largest economies. Get the Full Story Complete the form to unlock this...

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