Electronic Transfers Overtake Cash in Nigeria’s Nightlife Economy — Moniepoint Study
A new case study by Moniepoint Inc. has revealed that electronic transfers are now a more common means of payment ...
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Tag: #DigitalPayments
Digital Payments Now Drive 43% of Fuel Transactions in Nigeria – Moniepoint Report
Digital payment channels now account for 43 per cent of fuel transactions in Nigeria, signalling a significant shift away from ...
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Paga X PayPal Partnership Opens New Door for Nigerians to Receive Global Payments
For years, getting money into Nigeria via PayPal felt like a half-open door. Users could send funds out, but receiving ...
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CBN Extends Payment System Vision to 2028, Accelerates Nigeria’s Digital Payments Drive
The Central Bank of Nigeria (CBN), under the leadership of Governor Olayemi Cardoso, has extended its Payment System Vision (PSV) ...
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FIRS Denies Monopoly Claims in Revenue Collection, Confirms Multi-Channel Payment Structure
The Federal Inland Revenue Service (FIRS) has clarified the role of Xpress Payments in its national revenue collection framework, dismissing ...
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CBN Orders Mandatory Geo-Tagging of All PoS Terminals Within 60 Days
The Central Bank of Nigeria (CBN) has directed that all Point of Sale (PoS) terminals across the country be geo-tagged ...
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CBN Hosts First Lagos Fair to Promote Alternative Payment Channels for Growth
The Central Bank of Nigeria (CBN) has stepped up its direct engagement with Nigerians through its maiden “CBN Fair” in ...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.