The Central bank of Nigeria in collaboration with the Nigerian Inter-Bank Settlement System (NIBSS) officially unveiled the Nigerian National Domestic Card Scheme. The new domestic card scheme is a robust in-country scheme tailored to address the specific requirements of Nigeria’s payment industry and provide innovative offerings to the Nigerian market and beyond. Here is Central Bank Governor Godwin Emefiele
The unveil is in line with the CBN’s mandate to promote financial security, stability, inclusion, growth and empower African’s payment ecosystem.
AfriGO as it is called helps to ensure the sovereignty and security of payments in Nigeria, reduce operational costs, reduce fx costs, enhance financial inclusion.
Mosunmola Ogi-olu.
Follow us on:
Gbadebo Rhodes-Vivour has condemned the commercialisation of GMO seeds, warning of threats to Nigeria’s food…
Oleksandr Usyk has secured victory over Tyson Fury in Riyadh, successfully defending his heavyweight championship…
Albania plans a one-year TikTok ban from January after a schoolboy’s death sparks concerns over…
A suspect accused of killing five people by driving into a crowded Christmas market in…
A US Navy F/A-18 Hornet was mistakenly shot down over the Red Sea by the…
NNPC has reduced petrol ex-depot price to N899 per litre, sparking competition with Dangote Refinery…