The value of transactions through electronic payment (epayment) channels in the country dropped by 8.92 per cent, or N10.11 trillion, to N103.19 trillion in June 2025 from N113.3 trillion in the ...

It allows Nigerian consumers to make purchases in Naira (NGN) with their preferred cryptocurrency and wallet for payment.

They offer an alternative to the outdated compliance regulations of major banks that lock African economies out of global ...

Experts have disclosed that Nigeria face an import bill of $1.3 billion in dairy production, presenting an immense ...

For decades, Nigeria's banking sector operated under a traditional framework characterised by manual record-keeping, physical cash ...

AEON Pay expands Web3 crypto payments to Nigeria, enabling easy crypto spending through trusted bank transfers in Africa.

With this new integration, Nigerian users can now shop at participating merchants, input an amount in Naira (NGN), and choose their preferred crypto and wallet to complete the payment. AEON Pay ...

The CBN clarifies that the $50 fee for Non-Resident BVN registration is a processing charge for remote verification, not a ...

The Central Bank of Nigeria (CBN) has clarified that there are no hidden charges attached to transactions on Non-Resident ...

CBN says no hidden charges on NRBVN as the $50 fee covers remote verification, biometric capture and secure identity ...

The clarification comes after online reports suggested that the central bank had introduced new or hidden fees for BVN ...