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Exclusive: Nigerian PoS terminals will get fraud-flagging feature

Agents location fraud: CBN in collaboration with partners, is creating a feature that will be on all PoS terminals from the Q1 of 2024.

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How banks multi-billion naira cashless investments collapsed during cash scarcity

"I don’t know what to do. Those who patronise me don’t have cash and I don’t accept bank transfers,” a fruit seller at Mile 12 Market, Isa Yusuf."

United statesOyo stateNigeria generalDelta stateThe world bankDistrict of columbiaEdo stateOndo stateWorld bankLagos stateVictor olojoBolaji akinboroGiwa ademolaShemau labaranSegun alabiGodwin emefiele

AMMBAN urges CBN, banks to address cash scarcity, fraud in Nigeria

The leadership of the Taraba State chapter of the Association of Mobile Money and Bank Agents in Nigeria, AMMBAN, has called on the Central Bank of

Taraba stateBulus audu danielBank agentsCentral bankAssociation of mobile moneyMobile moneyNew yearBulus audu

Fear mounts over banks deposit decline amid Naira scarcity

Nigerian banks' Standing Deposit Facility has declined by 18 per cent to N2.4 trillion in November from N2.94 trillion in October amid cash scarcity.

Uju ogunbunkaElegede segunAssociation of mobile moneyBank customer association of nigeriaCentral bankStanding deposit facilityStanding lending facilityDeposit money banksBank customer associationMobile moneyAgent banking industry

Naira scarcity: PoS operators hike service charges by 100% nationwide

Point-of-sale operators across states in Nigeria have increased their service charges by 100 per cent following the Naira scarcity. Elegede Segun, the

Elegede segunCentral bankAssociation of mobile moneyMobile moneyAgent banking industryDeposit money banks

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