The Central Bank of Nigeria (CBN) has lifted a ban on transacting in cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
African payments technology company Flutterwave has launched a digital solution aimed at addressing the challenges faced by Nigerians in accessing foreign currencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
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 growth of business-to-business (B2B) payments in the country, says Yele Oyekola, CEO and co-founder at Lagos-based B2B FinTech firm Duplo....
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 form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
August 29, 2022
It’s been over a year since the Central Bank of Nigeria (CBN) issued a circular prohibiting banks and other financial institutions from facilitating cryptocurrency transactions and processing payments for crypto exchanges, lest they risk “severe regulatory sanctions.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all […]
February 25, 2024
Cryptocurrency platform Coinbase is denying reports that it is being blocked in Nigeria. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS […]
December 27, 2023
The Central Bank of Nigeria (CBN) has lifted a ban on transacting in cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
September 11, 2023
African payments technology company Flutterwave has launched a digital solution aimed at addressing the challenges faced by Nigerians in accessing foreign currencies. Get the Full Story Complete the form to unlock this...
February 05, 2023
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 access to all PYMNTS content...
