Nigeria/page/2 news and trends

Nigeria’s Tingo CEO Fined $250 Million Over ‘Fabricated’ FinTechs

September 02, 2024
Nigeria Targets Online Scams Following Meta Crackdown
Security & Fraud // August 26, 2024

Nigeria is reportedly eager to combat online extortion scams following a crackdown by Meta. 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...

Nigerian Regulator Fines Meta $220 Million, Alleging Privacy Law Violations 
Meta // July 19, 2024

A Nigerian regulator has fined Meta $220 million, saying the privacy policy of the company’s WhatsApp violated the country’s data and privacy laws. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

US Lawmakers: Binance Executive Tigran Gambaryan ‘Wrongly Detained’ in Nigeria
Legal // June 05, 2024

Twelve members of Congress are calling on the Biden Administration to work to free Binance executive Tigran Gambaryan from detention in Nigeria, saying he is being wrongfully detained and may have contracted malaria. Get the Full Story Complete the form to unlock this article and...

American Express Introduces Business Card for Nigerian Users
B2B Payments // May 09, 2024

American Express is rolling out a business credit card in Nigeria, its first such product in the country. 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...

Interviews & Exclusives
Liquidity Management Key to Taming FX Volatility in Emerging Markets

November 20, 2023
Compared to the global standard of five to six hubs, moving money between Nigeria and China or Singapore can require navigating through up to 16 hubs before the payment reaches the last mile, said Jess Anuna, founder and CEO of Klasha, a global cross-border payments company. Get the Full Story Complete the form to unlock […]

How Digital Innovation Is Unifying Africa’s Fragmented Payments Landscape

July 06, 2023
In 2019, Meta CEO Mark Zuckerberg said it was time to simplify money movement and make sending money to someone as easy as sending a photo. Get the Full Story...

Peru and Pakistan Expect Massive Real-Time Payments Growth by 2027

June 01, 2023
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,...

Nigeria’s SMEs Boost Traffic and Cut Fraud With Cardless Transfers

November 10, 2022
Card payments, as ubiquitous as they may appear, are actually not the preferred payment method in certain markets. Get the Full Story Complete the form to unlock this article and...

Quick Reads
Nigeria’s Tingo CEO Fined $250 Million Over ‘Fabricated’ FinTechs

September 02, 2024
A federal court has fined Nigerian businessman Dozy Mmobuosi $250 million following a fraud investigation. 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 […]

Nigeria Targets Online Scams Following Meta Crackdown

August 26, 2024
Nigeria is reportedly eager to combat online extortion scams following a crackdown by Meta. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Nigerian Regulator Fines Meta $220 Million, Alleging Privacy Law Violations 

July 19, 2024
A Nigerian regulator has fined Meta $220 million, saying the privacy policy of the company’s WhatsApp violated the country’s data and privacy laws. Get the Full Story Complete the form...

US Lawmakers: Binance Executive Tigran Gambaryan ‘Wrongly Detained’ in Nigeria

June 05, 2024
Twelve members of Congress are calling on the Biden Administration to work to free Binance executive Tigran Gambaryan from detention in Nigeria, saying he is being wrongfully detained and may...