The Central Bank of Nigeria on Friday (Feb. 4) granted digital payments platform One Payment Limited a license that will allow the company to offer certain...
Brokerage app Bamboo raised $15 million in a Series A funding round that the Nigerian startup will use to escalate its growth while entering new...
Metro Africa Express (MAX), a Nigerian mobility tech startup, has raised $31 million in a Series B funding round and is looking to enter more...
Despite the drive for digital payments in Nigeria, cash is still king, with circulation hitting record numbers in October against a backdrop of officials pushing...
The long-anticipated wait is over. Until November, Nigeria did not operate a telecommunications (telco) company-led mobile money model, opting instead for a bank-led model that...
KurePay, the Nigerian payments app, is reported to be suspending its services in the country over crypto exchange crackdowns, a report says. KurePay, according to...
Trust is paramount to any payments mechanism, be it hard currency, stablecoin or a central bank digital currency (CBDC). Ecosystems can take shape only when...
Nigeria’s eNaira digital currency is proving popular, although some critics say the population’s mistrust of the government might hinder its progress, the Financial Times (FT)...
Nigeria’s eNaira digital currency will roll out officially on Monday (Oct. 25), according to Reuters. The news comes after Nigeria earlier this year banned...