Archives Tag: Cashless Economy
Is Nigeria Really Going Cashless?
April 19, 2022
In 2012, the Central Bank of Nigeria introduced its Cashless Policy. It aimed to reduce the volume of cash in circulation, and encourage a general switch to electronic payment systems. Other stated purposes included granting the informal economy greater access to credit, increased tax collections, and making monetary transactions more traceable (thus deterring corruption). … Continue reading Is Nigeria Really Going Cashless?
Paga: How Tayo Oviosu Moved To Fix Nigeria’s Payments Problem
April 19, 2022
Things appear to be looking up for Nigeria on its financial inclusion front. Fintech startups are thriving, the banks have rolled out their sleek and easy-to-use apps, and the vibes coming out of the financial sector about its future potentials seems to be sunny, if not cheerily expectant. Buoyed by the rapid growth of a … Continue reading Paga: How Tayo Oviosu Moved To Fix Nigeria’s Payments Problem
LCCI to Organise Seminar on Cashless Economy
April 19, 2022
The Information Communication Technology and Telecommunications Group (ICTTG) of the Lagos Chamber of Commerce and Industry (LCCI) is set to hold a seminar tagged “The Role of ICT in a Cashless Economy” in Lagos. The president of the Lagos Chamber of Commerce and Industry, Alhaji Remi Bello, FCA; Mr. Folashodun Adebisi Shonubi, Managing Director, Nigeria … Continue reading LCCI to Organise Seminar on Cashless Economy
By ejura
Mobile Payment in Nigeria Growing – CBN
April 19, 2022
The Director of Banking and Payment System Department, of the Central Bank of Nigeria, Mr Dipo Fatokun, has said that mobile payment is gaining a lot of grounds in Nigeria, and that the policy is being taken beyond cash-in-cash-out remittances and top up. He made this disclosure at a conference in Lagos organised by Leeds … Continue reading Mobile Payment in Nigeria Growing – CBN
By sheyi
MasterCard and UBA Unveil First Ever Personalized Debit Card in Nigeria
April 19, 2022
MasterCard and United Bank for Africa (UBA) have unveiled the first ever personalized debit card in Nigeria, dubbed the UBA “All About U” Card. The unique MasterCard card can be customized with elements such as images, colors and more. The launch of the product in partnership with UBA is in harmony with MasterCard’s vision to … Continue reading MasterCard and UBA Unveil First Ever Personalized Debit Card in Nigeria
