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Binance activities ruled illegal in Nigeria but gains clearance in Dubai

Binance’s jurisdictional legality is once again a hot topic of discussion as lawmakers globally discuss how to regulate cryptocurrencies.  Whilst the crypto exchange platform celebrated...

WorldRemit adds Naira support to its money transfer offering

Remittance platform WorldRemit has added currency support for the Nigerian Naira as more people send money to the African country. According to data from The...

Digesting the Digits – Barclays given £12m as government grant, Brazil...

Number crunching is a key component of the payment industry, with digits being scattered across the sector’s key stories.  Each week, Payment Expert digests these...

VigiPay enhances Nigerian payments with AI security from ThetaRay

Nigerian fintech Vigipay has partnered with AI-powered fraud detection platform ThetaRay to protect its business against money laundering, sanctions violations, and other risks.  The agreement...

Kaspersky: 37% of Nigerians victims of digital payment fraud

37% of Nigerians have stated they have become the victims of various fraud attacks which has resulted in them losing up to thousands in...

Nigeria officially adopts Africa’s first Open Banking guidelines

Nigeria made history recently by becoming the first African country to officially have Open Banking regulations.  The approved guidelines by the Central Bank of Nigeria...

Cellulant and CBN renew provider licence placing Nigerian digital payments at...

Cellulant will continue to offer its range of online and offline payment solutions to Nigerians after agreeing to renew its Payment Service Solution Provider...

Bitcoin and other cryptocurrencies to be legalised in Nigeria

Nigerian policymakers intend to legalise cryptocurrencies such as Bitcoin within the country aiming to build an “efficient and vibrant capital market”. Nigerian publication Punch Newspapers...

Clickatell and the CBN significantly improve access to Nigeria’s CBDC

Chat commerce platform Clickatell has been chosen by the Central Bank of Nigeria (CBN) to develop a widely accessible USSD channel for CBDC entry. The...

CashtoCode enters African market with Nigeria launch

CashtoCode, the instant cash payment service for online merchants, has made its first entry into the African market by allowing Nigerian customers to top...

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