MoMo Payment Service Bank (PSB) has launched an innovative customer loyalty program, ‘Customer Refer & Win Promo’, offering customers a chance to win free airtime or data for life when they transact on MoMo and refer their families and friends to do the same. There will be a weekly electronic draw starting from week 2 […]
Read MoreProvider of digital financial services, MoMo PSB, a subsidiary of MTN Nigeria, has launched its Customer Refer & Win Promo, a new initiative designed to reward loyal customers with free airtime or data for life when they transact on MoMo and refer their family and friends to do same. This campaign is part of MoMo […]
Read MoreEFT Corporation (EFTCorp), a trusted partner in modern banking, was honoured with the ‘Outstanding Contribution to Fintech Enablement’ award at the 15th Africa Bank 4.0 Summit-West Africa, held in Accra, Ghana. The award recognises EFTCorp’s role in advancing fintech innovation and expanding financial inclusion across Africa by providing cutting-edge payment solutions and infrastructure for banks […]
Read MoreThe value of virtual card payments will grow 235% by 2029; rising from $5.2 trillion in 2025. This represents significant acceleration compared with 2021 to 2025, during which time virtual card transaction values grew by 175%. This acceleration according to Juniper Research report will be fuelled by growth in the subscription economy in both B2B […]
Read MoreThe Nigerian Government has dropped the Remita platform previously used for revenue collection, and has replaced it with the Treasury Management and Revenue Assurance System (TMRAS). This launch of TMRAS system ends the business of Remita with the Government, as the new system intends to improve the management of federal revenue collections and payments among […]
Read MoreAirtel Mobile Commerce BV, a subsidiary of Airtel Africa PLC, has launched the Airtel Money GlobalPay Card, a new payment solution designed to connect Airtel Money customers across Africa with global online marketplaces. This collaboration with Mastercard will empower Airtel’s 150 million mobile phone users in 14 African countries with access to Mastercard’s global merchant […]
Read MoreAfriGO, national domestic card scheme powered by Afrigopay Financial Services Limited (AFSL), a subsidiary of the Nigeria Inter-Bank Settlement System, has announced a strategic partnership with Moniepoint Inc. This collaboration, according to AfriGO, will drive the distribution of 5 million AfriGO cards and introduce contactless, tap-to-pay solutions, boosting Nigeria’s commitment to a thriving, cashless economy. […]
Read MoreMoMo Payment Service Bank (MoMo PSB), a leader in digital financial services in Nigeria, recently partnered with Sochitel Group, a global leader in digital prepaid products. This collaboration introduces the Global Duka Gift Card Service within the MoMo PSB Super App, enabling millions of users to make seamless online international payments for gaming and entertainment […]
Read MoreThe National Information Technology Development Agency (NITDA) has signed a strategic partnership with Flutterwave, Africa’s leading payments technology company, and Alami a private limited liability company with focus on empowering young entrepreneurs and SMEs in the technology and creative industries through Memorandum of Understanding (MoU) to drive digital transformation and strengthen Nigeria’s economy. This collaboration […]
Read MoreThe Central Bank of Nigeria (CBN) says charges will now apply anytime customers use the Automated Teller Machines (ATMs) of banks other than theirs. This was contained in a circular dated February 10, 2025, and addressed to all banks and financial institutions, the apex bank’s acting Director of Financial Policy and Regulation Department, John Onojah. […]
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