Digital Payments

CBN Warns Digital Payments, Stablecoins Threaten FX Stability at G-24 Meeting

Abuja, Nigeria – The Central Bank of Nigeria (CBN) has warned that…

UBA Upgrades PoS Terminals and UBA MONI App, Enhances Digital Payment Solutions

United Bank for Africa (UBA), a leading pan-African financial institution, has unveiled…

Mobile Money Surge: Nigeria’s Transactions Reach ₦1.68 Trillion Annually

Nigeria's mobile money sector has witnessed a remarkable surge, with transaction values…

Moniepoint, Afrigopay Partner to Distribute 5 Million AfriGO Cards, Boosting Nigerian Digital Payments

Moniepoint Inc. has announced a strategic alliance with Afrigopay Financial Services Limited…

Banks and Fintechs Under Fire: NIBSS Alleges Blatant Disregard for Withdrawal Limits, Fueling Fraud Surge

A stark revelation from the Nigeria Inter-Bank Settlement System (NIBSS) has cast…

Nigeria PoS Transactions Surge to N18 Trillion in 2024: A Cash-Strapped Nation Turns to Digital

The digital payment ecosystem in Nigeria is witnessing a swift revolution, with…