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Like China, like Nigeria, CBN fintech licensing fee, Internet speeds in Africa, Termii's Ivory Coast expansion – Techpoint Africa

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Concerns persist over digital assets: Although Emefiele spoke about plans to develop a digital currency, he expressed concerns over the uncertainty surrounding digital assets citing the price fluctuations of bitcoin following Elon Musk’s tweets.
When you consider his claim that most Nigerians involved in cryptocurrency use it for illegal purposes, one begins to wonder why the CBN plans to introduce a digital currency.
Following a quick surge at the beginning of the year, bitcoin prices have taken a hit in recent weeks. The latest devastating dip in the value of cryptocurrencies is still fresh in our memories, but it isn’t the worst the market has seen. ....

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Digital Economy will Drive Growth, Job Creation, Says Emefiele

Digital Economy will Drive Growth, Job Creation, Says Emefiele
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'Collaboration Necessary to Deliver Digital Payment Services'

'Collaboration Necessary to Deliver Digital Payment Services'
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CBN Revokes Licences of Eight Payment Service Providers

Obinna Chima
The Central Bank of Nigeria (CBN) has revoked the operating licences of seven payment service providers and one payment switching firm.
The affected firms are Easifuel Limited, Transaction Processing System (TPS), Grand Towers Limited, Paymaster Limited, E-Revenue Gateway Limited, Eartholeum Network Limited and Globasure Limited.
Also, the payment switch licence of 3Line Card Management Limited was revoked.
The CBN, in an official gazette signed by its Governor, Mr. Godwin Emefiele, a copy of which was posted on its website yesterday, said the decision was taken because the seven firms ceased to carry on, in Nigeria, the type of business for which their licences were issued, for a continuous period of six months. ....

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Nigeria: CBN Boosts Market Liquidity With N4.1 Trillion Special Bills

Nigeria: CBN Boosts Market Liquidity With N4.1 Trillion Special Bills
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