CBN new directive on bulk payment in banks, PSPs
The Central Bank of Nigeria, CBN, has advised banks and Payment Services Providers, PSPs, to henceforth dis-aggregate bulk payment saying that it noticed some problem …
Tag: Bank
Banks, FINTECH companies in Nigeria to partner with EMTECH on CBDC, open banking
EMTECH, GIC to work with banks in Nigeria on CBDC, Regulatory Sandbox Framework, and API & Open Banking. Central Banks’ Fintech handling company EMTECH and …
Card Limit On Customer Withdrawals and Spendings For Banks in Nigeria
In order to conserve foreign currency and to bypass settlements from debit card use abroad, banks in Nigeria are placing a limit on transaction and …