Central Bank of Nigeria (CBN)

The last few months has seen banking customers shifting to fintech apps as a result of intense pressure faced by traditional banks. Opay, a digital bank has earned the trust of Nigerians…

Cash has served as the default payment method in Nigeria for many years, especially within rural areas, because it was easier to trust and generally accepted. However, recent developments…

The Central Bank of Nigeria (CBN), has granted a two-in -one license to a fintech platform, Fountain Payment Systems and Solution, to operate as a payment solution provider across multiple…

Financial institutions in Nigeria prefer immovable assets, like land, as security for loan repayment over movable assets. This is partially because lands and land transactions are regulated,…

Traction, an MSME fintech platform, has been issued a licence by the Central Bank of Nigeria to operate as a three-in-one payment solution provider across various payment categories.…