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CBN Moves To Deepen Payment System Via e-Naira

CBN Moves To Deepen Payment System Via e-Naira   The Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele, has said central banks across Africa and other parts of the world are trying to study Nigeria’s eNaira project. Emefiele said this on Monday during an...

N6.98 USSD Flat Rate Will Stabilise Payment System – CBN

N6.98 USSD Flat Rate Will Stabilise Payment System - CBN       The Central Bank of Nigeria (CBN) has said the harmonisation of all Unstructured Supplementary Service Data (USSD) fees to a single rate of N6.98 will stabilise Nigeria’s payment system. In a report released yesterday, the apex...

CBN Rolls Out New Licence Regime For Payment Systems

CBN Rolls Out New Licence Regime For Payment Systems       In a bid to promote a strong and credible payment system in the country, the Central Bank of Nigeria, CBN, has approved new license categorization for payment systems in Nigeria. In a circular to all Payment Service...