The Central Bank of Nigeria (CBN) has announced a calendar of events to reflect on and mark the first anniversary of the introduction of the eNaira, the first digital currency by any Central Bank in Africa. The digital currency, eNaira was unveiled by President Muhammadu Buhari on Monday, 25 October 2021. according to a statement by CBN’s Director of Corporate …

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has proposed top-quality digital products and payment collection solutions for business enterprises and merchants in Nigeria. The financial solutions include C’Gate Payment,Payment Gateway Service, PrimePay and POS terminal. Having observed the challenges businesses face when receiving payments during transactions, the bank came up with the digital payment products that …