Data released by the Nigeria Inter-Bank Settlement System (NIBSS) have revealed that registration for the Bank Verification Number (BVN) increased by 1.75 million in the last...
The Federal Government is set to launch a Special Purpose Vehicle (SPV) for the delivery of an additional 90,000km of fibre optic cable to complement existing...
The Corporate Affairs Commission (CAC) has said that Point of Sales (PoS) agents of major fintechs in Nigeria including OPay, Palmpay, and Moniepoint, among others, must...
Bank fraud continues to be a critical issue in Nigeria, impacting many through various techniques that lead to significant financial losses. The Nigeria Inter-Bank Settlement System...
The Nigeria Inter-Bank Settlement System (NIBSS) 2023 Annual Fraud Landscape reveals an alarming trend in international fraud activities targeting Nigerian banks’ customers. The financial landscape in...
One of Nigerian fintechs licensed as a mobile money operator, Paga, says it has processed transactions worth N14 trillion in the last 15 years. The company’s...