Category : Search result: digital payments Nigeria


How Tech Banking Drives Nigeria's $1 Trillion GDP Goal

FairMoney MD Henry Obiekea explains why technology-enabled banking is critical for financial inclusion and achieving Nigeria's 2030 economic target. Discover the role of digital finance in national growth.

Defence Minister: We Don't Pay Ransom to Kidnappers

Nigeria's Defence Minister, Christopher Musa, has denied the Federal Government pays ransom for kidnap victims. He insists military pressure and intelligence are the strategy. Read the full details.

UK Drops Mandatory Digital ID Plan for Workers

The UK government reverses its controversial policy requiring a mandatory digital ID to work. Get the full details on the U-turn and what it means for Nigerians in the UK.

UK Drops Mandatory Digital ID Card for Work

The UK government has reversed its plan to make a digital ID card mandatory for employment. Finance Minister Rachel Reeves confirmed the policy shift, a major U-turn for the Labour administration. Read the full details.

Wema Bank Upgrades ALAT Digital Platform

Wema Bank Plc has launched an upgraded version of its ALAT digital banking platform, featuring voice commands and contactless payments. Discover the new smart features.

Blord Explains Hiring Bias: Women Handle Money Better

Nigerian businessman Blord opens up on his controversial hiring preference for women, citing societal pressure on men as a key factor. He also reveals paying over ₦1.1 billion in salaries in 2025. Read the full story and reactions.

CBN Reforms End Festive Cash Scarcity in Nigeria

The Central Bank of Nigeria's strategic reforms, led by Governor Olayemi Cardoso, have successfully eliminated cash scarcity during the 2025 festive season. Learn how new regulations and digital initiatives are transforming Nigeria's financial landscape.

Modern POS Systems Drive Nigerian Retail Sales

Discover how modern POS systems help Nigerian retailers increase sales, improve customer experience, and build loyalty through seamless digital payments and data insights. Act now to upgrade your retail operations.

Flutterwave Buys Mono to Boost Open Banking

Flutterwave has acquired open banking pioneer Mono. The deal aims to build a connected financial system for Africa, enhancing payments, data access, and security. Discover the future of fintech.

Afrinvest's Optimus Platform Rebrands as PlutusNeo

Nigerian investment giant Afrinvest has rebranded its digital platform Optimus to PlutusNeo, marking a new phase in its digital strategy for inclusive wealth creation. Discover the future of investing.

CBN Reforms End Festive Season Cash Scarcity

The Central Bank of Nigeria's committee, led by Governor Olayemi Cardoso, implemented holistic reforms ensuring seamless cash flow during the 2025 festive season, marking a historic shift from perennial shortages.

FG, Wema Bank Launch Digital Skills Scheme for Youths

The Federal Government and Wema Bank have opened applications for the FGN-ALAT Digital Skillnovation Programme. This nationwide initiative aims to equip young Nigerians with future-ready digital and entrepreneurial skills. Apply now to transform your care

Bluebulb Wins Finance Excellence Award at 2025 PBN Awards

Bluebulb, a cross-border payments fintech, has won the Finance Excellence Award at the 2025 PBN Awards. The award recognises its work in removing barriers for African businesses in global trade. Read more about this achievement.

Nigeria records $4.6bn BoP surplus in Q3 2025

Nigeria's external sector strengthens as the CBN reports a $4.6 billion Balance of Payments surplus for Q3 2025, driven by trade gains and rising reserves. Read the full analysis.

NNPC Debt Waiver: Only Penalties Forgiven

Clarification emerges that NNPC's $1.42bn and N5.57tr debt waiver covered only interest and penalties, not core royalties. CHRICED slams the move as reckless and opaque.

Nigeria's Q3 Current Account Surplus Falls 41%

Nigeria's current account surplus dropped sharply to $3.42bn in Q3 2025, a 41% decline. Explore the CBN data on oil exports, remittances, and rising external obligations shaping the nation's balance of payments.

FirstBank CEO Explains Digital Innovation Drive

FirstBank CEO Olusegun Alebiosu unveils a 24/7 Digital Xperience Centre at UNIBEN, enhancing customer flexibility and financial inclusion without job losses. Discover the future of banking.

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