CBN Issues New Order to Banks on Foreign Card Use
The Central Bank of Nigeria directs Access, Zenith, UBA & others to improve foreign card acceptance, aiming to resolve transaction failures for tourists and returning Nigerians.
The Central Bank of Nigeria directs Access, Zenith, UBA & others to improve foreign card acceptance, aiming to resolve transaction failures for tourists and returning Nigerians.
FAAN activates strict measures against staff extortion & deploys over 80 security personnel at Lagos airport to manage festive traffic. Read details on new cashless system & terminal updates.
TotalEnergies Nigeria launches TEMC+ card for secure fleet & business payments, competing with Paystack. Nationwide migration ends Dec 31, 2025.
A new report reveals Africa processed $2 trillion via instant payments in 2024. Nigeria's NIP system is rated highly, but fraud concerns remain a key barrier to wider adoption. Learn more.
A Nigerian lady's kind gesture backfires as her nanny returns December salary sent early. The nanny's firm request to 'stick to the 31st' sparks hilarious online reactions. Read the full story.
Tartenger Terdue James, abducted days before his wedding, is free after his family paid a N1.5 million ransom. Read the full story of his ordeal and release.
The CBN has revoked the operating licences of Aso Savings and Union Homes. NDIC has commenced verification and payment of insured deposits up to N2 million. Learn how depositors can claim their funds.
CBN revokes Aso Savings & Union Homes licences for regulatory breaches. NDIC starts insured deposit payments up to N2m. Learn how to claim your funds.
OmniPay has launched new payment tools and honoured key distributors at its first gala night, reaffirming its commitment to supporting Nigeria's supply chain against economic challenges. Discover the new features.
Niger State Police arrest suspected kidnapper Aminu Ahmed for abducting three children in Kontagora and collecting over N2 million in ransom. Full details of his confessions inside.
Afreximbank launches PAPSS Cowry to fix Africa's costly cross-border payments, saving $5bn yearly and boosting intra-African trade. Discover how this platform changes the game.
A pregnant woman, Aisha Najamu, d!ed at Turai Umaru Yar'adua Hospital in Katsina after a health worker allegedly refused a bank transfer for oxygen. The hospital cites a cash-only policy. Read the full investigation.
The Federal Government has set a December 20 deadline to settle all outstanding payments owed to road contractors, following protests over N4 trillion in delayed project financing. Minister David Umahi announced the presidential directive.
The Federal Government has started paying monthly stipends to Technical and Vocational Education and Training (TVET) beneficiaries. Over 42,000 trainees have received ₦22,500 each. Read more.
Defence Minister Gen. Christopher Musa declares an end to ransom payments and negotiations with terrorists, citing it fuels insecurity. He outlines a multi-faceted security strategy.
Verve International celebrates issuing 100 million payment cards, a landmark for Africa's digital economy and financial inclusion. Discover how this homegrown brand is reshaping payments.
The Central Bank of Nigeria issues strict new rules forcing banks to refund fraud victims within 16 days. Learn how this impacts you and the fight against financial crime.
DeRemi Atanda receives the prestigious Nigeria Computer Society Fellowship for his transformative work in fintech and public financial systems. Discover his journey and lasting impact on Nigeria's digital economy.
A 15-year-old boy and six girls kidnapped in Bwari, FCT, have been freed after relatives paid a N2 million ransom. The peasant farmer who raised the money had to sell his ginger harvest.
Shakarra, a new e-commerce platform, is now live, enabling Nigerians to shop from US stores like Amazon and Walmart in Naira with door-to-door delivery, perfectly timed for Black Friday deals.
Discover the 2026 gift card rates in Nigeria. Find out which cards like Razer Gold, Steam, and Apple iTunes pay the most and why platforms like GiftCardsToNaira are preferred for fast cash conversion.
Abia State government starts phased payment of N60 billion pension arrears owed since 2001. Governor Alex Otti brings relief to retirees after two decades of waiting.
Senator Yemi Adaramodu denies FG paid ransom for Kebbi, Niger, Kwara kidnap victims. Security used persuasion, not money. Read full details on rescue operations.
A Bolivian Cup quarter-final descended into chaos as a huge post-match brawl led to 17 red cards. Police used tear gas to control players and staff. Watch the viral video.
Federal Capital Territory Administration begins enforcement on 1,095 revoked property titles in Abuja's high-end districts after owners failed to pay mandatory fees. Learn what this means for property owners.
Hollywood actor Kevin Spacey confronts three additional sexual assault allegations in London civil court. Trial scheduled for 2026 as accusers seek justice.
A Nigerian man goes viral after sharing proof his girlfriend pays him 50 Naira for every 'I love you' message. See the hilarious reactions and payment receipts that shocked social media.
A Nigerian lady shares emotional update after her father's kidnapping ordeal. Ransom paid for his release from bandits who beat him in the bush. Read the full story.
A House of Representatives committee reveals alarming cybersecurity gaps in Nigeria's digital payment systems, exposing citizens to fraud and national security risks. Learn how to protect your finances.
Gunmen abducted 11 people including family members of a ransom-paying victim in Kwara state. Elderly woman shot dead as bandits terrorize Isapa community. Governor inaugurates security committee.