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Central Bank Nigeria targets banks in cash shortage crackdown

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The Central Bank of Nigeria (CBN) has announced stringent measures to address the nation’s prolonged cash crunch, warning that commercial banks failing to provide...

Mobile money transactions in Nigeria jump to $15 billion in Q1...

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Mobile money operators (MMOs) in Nigeria, comprising the likes of OPay, Palmpay, MTN MoMo and others, witnessed a surge in transactions in the first...

PalmPay gets data protection compliance status in Nigeria

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One of Nigeria’s digital payment and fintech companies, PalmPay, has obtained a compliance status on obligations in accordance with the Nigeria Data Protection Regulation...
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