The Central Bank of Nigeria (CBN) has directed all acquirers, processors, and payment terminal service providers (PTSPs) to implement mandatory dual connectivity with the Nigeria Inter-Bank Settlement ...
The CBN has a new rule requiring all PoS operators to implement dual connectivity with NIBSS and UPSL, ensuring automatic ...
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FIRS reacts to controversies over MoU with France's DGFiP
By Ayorinde Oluokun/AbujaThe Federal Inland Revenue Service (FIRS) has dismissed claims that the Memorandum of Understanding (MoU) it recently signed with France’s Direction Générale des Finances ...
As the “mother" of mobile money, Kenya had long maintained a commanding lead over Nigeria in the evolution of mass-market ...
The Central Bank of Nigeria, CBN, has directed all banks, financial institutions, acquirers, and payment service providers to ...
The Central Bank of Nigeria has issued a fresh one-month deadline for banks, acquirers and payment service providers to fully ...
The Central Bank of Nigeria (CBN), yesterday, announced new directives which, it said, are mandatory for acquirers(bank and ...
The Central Bank of Nigeria (CBN) has ordered financial institutions to implement mandatory dual PoS connectivity to reduce transaction downtime and failur ...
The bank explained that the directive is a continuation of its earlier circular issued on September 11, 2024, which ...
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