- CBN backs fintechs to cut remittance costs
- Nigeria pushes wider adoption of PAPSS
ABUJA, NIGERIA – Nigeria is positioning fintech companies to lower Africa’s cross-border payment costs, aiming to reduce remittance fees and unlock stronger intra-continental trade flows.
The Central Bank of Nigeria (CBN) is turning to financial technology firms to modernise payments infrastructure, ease compliance burdens and widen participation in global trade, particularly for households and small and medium-sized enterprises (SMEs).
This article is free to read.
Sign up for free or sign in to continue reading.
Unlike our competitors, we don't force you to pay to read the news but we do need your email address to make your experience better.
Create your free account or sign in
