The Central Bank of Nigeria(CBN) has said many Nigerians have accepted the usage of the e-Naira platform as a means of payment for goods and services. It said it has carried out sensitisation tour of ...
Fasheitan stated this while sensitising traders and people of the state in Akure to the need to embrace the cashless platform for transactions. She said that CBN, in collaboration with the Bankers ...
Fintech as a whole has been on the rise, with Nigerian firms raising $1.2 billion last year, making the country ripe for a forward-facing digital currency plan. In April 2023, touting its successes, ...
Nigeria is struggling with severe cash shortages, with riots erupting across the country just days before a presidential election – but people are still not turning to the national digital currency, ...
Recent reports have suggested that the eNaira has struggled to find its footing among the targeted users since its inception in 2021. The eNaira was designed to be the digital form of the naira and ...
‘DeRemi Atanda, Managing Director Remita Payment Services Limited (RPSL), one of the subsidiaries of the SystemSpecs Group, a software and financial technology firm, has over decade’s experience in ...
The Nigerian central bank has outlined key focus areas for its national payments system in a two-year roadmap leading up to 2025. Nigeria’s central bank will explore the potential of stablecoins, the ...
Iwa Salami does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their ...
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