In the 2022 PricewaterhouseCoopers’ Central Bank Digital Currency (CBDC) Global Index, the eNaira of the Central Bank of Nigeria and the Sand Dollar of the Bahamas led the retail project indexes of central banks internationally. The PwC index, titled “The Race to Digital Money,” analyzes and rates the leading retail […]
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MTN Nigeria informed the Nigeria Exchange Group today that the Central Bank of Nigeria has given it final approval to operate Momo Payment Service Bank Ltd. MTN revealed in a corporate declaration submitted by company secretary Uto Ukpanah that the CBN gave final approval in a letter dated April 8, […]
Temitope Ogunsemo, a Nigerian entrepreneur and the creator of Krystal Digital Solutions Limited, has been named to Forbes Africa Undiscovered Series for Nigeria, as part of an elite selection of Nigerians who have played a key role in rebuilding and contributing to the country’s current growth story. Forbes Africa looks […]
The association’s goals include serving as a coordinating body for background checkers and data verification service providers in Nigeria; building and supporting the verification service industry in Nigeria, which includes the data and identity verification ecosystem as well as all related industries; and liaising with the government on data verification […]
After postings in Dubai, London, Miami, San Francisco, and Singapore, global digital payments giant Visa has built its first innovation studio in Africa and its sixth internationally in Kenya. In order to co-create payment and commerce solutions, the studio will bring together developers, Visa’s internal and external clients, and other […]
The Federal Ministry of Communications and Digital Economy has officially launched the Nigerian Data Protection Bureau in order to ensure that information technology remains a vehicle for economic growth and development, as well as a means of establishing a veritable machinery for data management, privacy, and protection in Nigeria. The […]
Elon Musk, the CEO of Tesla Inc, has accumulated a 9.2 percent interest in Twitter Inc, according to a regulatory filing released on Monday, potentially making him the microblogging site’s largest shareholder. The filing came just days after Musk tweeted that he was “seriously considering” creating a new social media […]
Speakers and panelists at the ISSAN Cybersecurity Conference in Lagos, with the theme “Payment Systems Platform Security,” made the case for a strong collaboration and coordinated efforts by all stakeholders, including the government, to combat the rising wave of cyber threats in the country’s payment system platforms. They emphasized the […]
Mobile Network Operators in Nigeria will begin blocking outbound calls on subscriber-allotted lines that have not yet been linked to the National Identification Number (NIN) database as of today, April 4th, 2022. Professor Isa Ali Ibrahim Pantami, Minister of Communications and Digital Economy, spoke on behalf of President Muhammadu Buhari […]
Telecommunications companies in the country handed the federal government a seven-day deadline Tuesday to persuade Kogi state to open some of their facilities that have been under lock and key for a few days. Failure to unseal the facilities within seven days, the telecoms claim, will leave them with little […]
