The Central Bank of Nigeria (CBN) has granted approval for Payment Service Bank (PSB) licenses to leading telecommunication companies, MTN Nigeria and Airtel Africa.The was made known through the respective memos released by the two telecom giants on Friday.PSB is…
The eNaira speed wallet had been removed from the Google Play Store on Wednesday barely 48 hours after it was launched by President Muhammadu Buhari at the State House, Abuja. No fewer than 100,000 users had also downloaded the app…
The Central Bank of Nigeria is set to launch its digital currency called eNaira, at the State House, Abuja. The digital currency was earlier scheduled to be unveiled on October 1, 2021, in commemoration of the nation’s independence, but was…
MTN Nigeria Communications Plc has apologised to its subscribers following its network disruption which last for hours on Saturday. The mobile network operator made in a Facebook post early Sunday said efforts are ongoing to restore all connection. “We are…
In a sheer alignment with the e-naira dispensation, banks have begun to integrate the digital currency feature into their applications. This could now be found as a new feature in the latest update of the Guaranty Trust World app. The…
In just a handful of hours since his tech empire’s websites (including Facebook, Instagram, and WhatsApp) all crashed on Monday, October 4, 2021, tech billionaire Mark Zuckerberg has lost more than $6 billion. As much as this isn’t a massive…
Expectations are high as to when the Central Bank of Nigeria will finally put finishing touches to the Digital Currency dubbed eNaira. This was after checks revealed that the decision to halt the launch of the eNaira was not unconnected…
Infibranches Technologies Limited, a fintech startup based in Nigeria has secured a $2M Series A funding from All On – an impact investment company backed by oil and gas giant, Shell. The fund seeks to provide energy solutions to communities…
A leading equity investor in Africa, Arise B.V, has made an Additional Tier 1 (AT1) investment of about $75 million in Ecobank Transnational Incorporated (ETI), the Togo-based parent company of Ecobank Group. ETI made this known in a statement revealing…
To unify customer experience while using its Mobile App, Stanbic IBTC Holdings PLC, is set to introduce the Single Sign-on authentication feature that will allow customers access all their active profiles across the Group. The Single Sign-on is an innovative…
