5+ hour, 12+ min ago   (397+ words) Routelink Group has expanded into Nigeria’s banking sector after receiving an operating licence from the Central Bank of Nigeria (CBN) for Routelink Microfinance Bank. The licence marks a significant step in the group’s growth as it moves beyond its existing…...

1+ mon, 4+ week ago   (499+ words) A growing dispute between Nigerian Point of Sale (POS) operators and payment technology giant Interswitch could have significant implications for millions of card users across the country. The association has reportedly submitted petitions to both the Central Bank of Nigeria…...

2+ mon, 1+ week ago   (320+ words) The Central Bank of Nigeria has delayed the start of its new rules for tracking point-of-sale (PoS) devices until August 1, 2026. The bank has also changed the policy to allow a wider operating area for these devices, increasing it from 10 metres…...

2+ mon, 2+ week ago   (284+ words) The integration allows transaction amounts to be captured directly through the POS device, eliminating the need for manual entry by staff or customers. This reduces errors at checkout and removes reliance on static printed QR codes, which merchants often had…...

5+ mon, 6+ day ago   (305+ words) The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku, has reaffirmed the agency’s commitment to strictly enforcing its cashless payment policy across all airports under its control. Speaking after appearing before the House of Representatives…...