Central Bank of Nigeria Releases Open Banking Guidelines
The newly released operational guidelines from the Central Bank of Nigeria clarify responsibilities and expectations for the open banking ecosystem participants in the country
Nigeria
MasterCard Partners NowNow to Boost Cybersecurity for Nigerian SMEs
Nigerian digital payment startup NowNow has joined forces with global payment giant Mastercard to improve the cybersecurity options available to Nigerian SMEs who typically do not have the resources to defend themselves from massive cyber attacks
Agri-Fintech: What It Is and Why It’s on the Rise
Last year brought a steady rise in socially responsible fintech products that are specifically designed for the needs of the agricultural sector. Agri-fintech is a very promising segment of financial technologies, so we’re going to discuss it in detail
SunFi Helps Nigerians to Find, Finance and Manage Solar Energy Solutions
SunFi, the Nigerian fintech startup, has raised $2.3 million in seed funding to connect people and businesses who want solar energy access to payment plans that match their needs
AfriGo to Replace VISA and MasterCard in Nigeria
The Central Bank of Nigeria (CBN) has launched Nigerian National Domestic Card Scheme, AfriGo, barring the USD charges on domestic transactions
Nigeria to Legalise Crypto
The government of Nigeria is preparing to pass a bill to “recognize cryptocurrency and other digital funds as capital for investment”
Bitcoin-Based Payment Network to Facilitate Remittances to Africa
Strike announced plans to improve remittance payments into Africa via the Lightning Network on Bitcoin, thanks to the partnership with the mobile app Bitnob
Nigerians Are Less Than Passionate about eNaira
Despite strong crypto support across the country, Nigerians are reluctant to use the centralised digital currency, introduced by the government
Where do global governments stand on the CBDC issue?
Many countries have explored and tested national digital currencies. Yet, it doesn’t mean they are going to implement them. Read how national opinions on CBDC have changed over time
What impact has bitcoin had on Nigeria’s dairy industry?
Jean Nichols Author Nigeria boasts one of Africa’s major dairy sectors. The industry is made up of both small and large-scale dairy farmers. However, the introduction of bitcoin in Nigeria has hurt the dairy sector. Click this image below to start your bitcoin journey. Click on image to get more knowledge about it. Bitcoin […]
These are the countries where cryptocurrency is currently banned
We have compiled a list of the countries that are particularly unfriendly towards Bitcoin and other altcoins
National Identity Number verification is not available in Nigeria: here’s why
National Identity Number (NIN) verification is currently unavailable in Nigeria. This comes as the National Identity Management Commission (NIMC) alerts the public of the unavailability of the service, albeit temporary. As the service provider works to restore the verification service, the public is advised to utilize the tokenization verification platform. The maintenance service is being […]
Africa’s fastest-growing economies in 2021 unveiled
Africa’s economy is forecast to grow at a healthy pace of 3.8% in 2021 driven by rising global demand as COVID-19 restrictions are eased
FIS expands payment processing capabilities across Africa and Asia
The company also plans to enhance its merchant acquiring presence in additional markets
Egypt, Italy, US most affected by Facebook data leak
On average, hackers exposed 5 types of data per user
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