Tag: digital payments

Regulators, Banks, Fintechs Set for Major Payment Systems Summit in Lagos

Business Damilola Bayonle -
Stakeholders across Nigeria’s financial ecosystem are set to converge for a high-level payment systems summit, as regulators, banks, and...

FAAN ends cash payments at Nigerian airports, orders full digital switch by February 29

Business Damilola Bayonle -
FAAN bans cash transactions from February 29 in sweeping cashless reform The Federal Airports Authority of Nigeria has announced a...

Nigeria’s new 30-second refund rule signals crackdown on failed airtime and data charges

Business Damilola Bayonle -
Nigeria has moved to strengthen consumer protection in its fast-growing digital payments and telecommunications ecosystem with a new policy...

CBN’s dual PoS connectivity: Powerful new directive set to transform failing payment system

Business Damilola Bayonle -
CBN’s Dual PoS Connectivity Directive and Its Impact on Nigeria’s Payment Ecosystem The Central Bank of Nigeria has issued a...

CBN orders 48-hour refunds for APP fraud victims: Powerful new rule to protect Nigerians from rising digital scams

Business Damilola Bayonle -
CBN Orders 48-Hour Refunds for APP Fraud Victims In a decisive move to tighten consumer protection across Nigeria’s fast-expanding digital...

Nigerians to benefit as five bank charges abolished from January 2026 — Oyedele

Business Damilola Bayonle -
Federal Government Confirms Bank Charges Abolished to Ease Financial Burden Millions of Nigerians are set to enjoy significant financial relief...

National Payment Stack completes first live transaction, driving Nigeria’s digital payment revolution

Business Damilola Bayonle -
Nigeria has marked a major milestone in its digital financial ecosystem with the successful completion of the first live...

CBN’s new geotagging directive for PoS: what you need to know

Business Damilola Bayonle -
The Central Bank of Nigeria (CBN) has issued a fresh directive mandating geotagging of all Point-of-Sale (PoS) terminals across...

CBN pushes fair banking with Customers’ Bill of Rights

Business Damilola Bayonle -
The Central Bank of Nigeria (CBN) has intensified its consumer protection drive with the introduction of a Customers’ Bill...

Mastercard Predicts 6% Increase in Nigeria’s Consumer Spending

News Damilola Bayonle -
Payment technology firm Mastercard has identified remittance inflow as a key driver of consumer spending in Nigeria, predicting a...