electronic transactions
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Nigeria Customers Frustrated as NIBSS Downtime Impacts Electronic Transactions Across Nigeria
Nigeria's Inter-Bank Settlement System (NIBSS) grapples with downtime, causing delays in electronic transactions. Fintech firms notify customers of disruptions, hindering bill payments and transfers. Issues affect NIBSS's instant payment platform, impacting transfers to Kuda accounts and other...- Nigeria News
- Article
- 1 min read
- downtime electronic transactions inter-bank settlement system nibss
- Category: Business
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Nigeria CBN Directive: Nigerians React to End of 0.5% Cybersecurity Charges on Transactions
CBN directs banks to cease imposing 0.5% cybersecurity charges on electronic transactions, reshaping Nigeria's digital banking landscape. Explore the legislative framework, implications for financial institutions, and impact on customers. The Central Bank of Nigeria (CBN) has issued a...- Nigeria News
- Article
- 2 min read
- cbn directive cybersecurity charges cybersecurity levy electronic transactions financial policy
- Category: Business
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Nigeria Tinubu's Ally Under Fire: Seyi Law Trolled for Voicing Concerns on CBN Policy
Nigerian comedian Seyi Law criticizes the new cybersecurity levy mandated by the Central Bank of Nigeria (CBN), calling it punishment for Nigerians. The policy imposes a 0.5% levy on electronic transactions, sparking concerns about its impact on banking activities. Seyi Law questions the timing...- Nigeria News
- Article
- 1 min read
- cybersecurity levy electronic transactions nigerian comedian seyi law tinubu
- Category: Entertainment
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Nigeria Cybersecurity Levy: Statisense Report Reveals Current Costs of Electronic Transfers in Nigeria
Explore Statisense's insightful analysis uncovering the impact of Nigeria's post-cybersecurity levy electronic transaction costs. This comprehensive report delves into the financial implications for individuals and businesses, shedding light on regulatory changes by the Central Bank of Nigeria...- Nigeria News
- Article
- 2 min read
- central bank of nigeria cybersecurity levy electronic transactions financial analysis statisense report
- Category: Business
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