The Central Bank of Nigeria (CBN) has issued a new directive that will shut down PoS devices that are used outside of a merchant’s registered address. In a circular... Continue

Nigeria’s top bank shareholders are basking in a golden wave of stock market gains, with their fortunes rising faster than ever. Major players like Jim Ovia, Tony Elumelu, and... Continue

United Bank for Africa (UBA) Plc, Africa’s Global Bank, has officially launched the fifth edition of its Supersavers Promo aimed at reinforcing the bank’s commitment towards deepening financial inclusion... Continue

Tier-one Lender, Fidelity Bank Plc, has announced the resumption of international transactions on its Naira Debit Cards. This recommencement gives customers the freedom to make seamless payments abroad, online,... Continue

The Honourable Minister for Youth Development, Comrade Ayodele Olawande, has commended the Not Too Young To Perform (NTYTP) Leadership Development Advocacy for its proactive initiative to address the growing... Continue

BY OLAOLUWA OMOTAYO Over the years, cross-border payments in Africa faced several challenges, including high costs, slow transaction times, and regulatory fragmentation. These issues considerably hindered trade, e-commerce, and... Continue