Nigerian authorities have revamped regulations on interchange fees and consumer protection, while proposing harsher penalties …

Banks in Nigeria restricted card payments in foreign currency this month as they sought to …

Authorities in Nigeria have issued a flurry of money transmitter licences this week, abruptly resolving …

Nigerian authorities have insisted remittance companies are not barred from operating in the country, despite …

Financial institutions in Nigeria have been told by authorities to freeze the accounts of all …

WorldRemit, a cross-border digital payments provider, has accused the Nigerian central bank of stopping all …

Global police agency Interpol has warned businesses to tighten security controls around fund transfers after …

Financial groups in one of Africa’s most volatile economies are set to be laden with …

Nigerian money launderers and complacent financiers could face steep fines and jail time under a …