FinTech Nigeria

When the Cash Kiosk Becomes the Bank: Inside Nigeria’s Explosive POS Boom — and the Fraud, Failures and Fear Lurking Beneath A roadside POS kiosk in Abuja where residents withdraw and transfer money daily, reflecting Nigeria’s rapidly expanding agent banking system

A roadside POS kiosk in Abuja where residents withdraw and transfer money daily, reflecting Nigeria’s rapidly expanding agent banking system

When the Cash Kiosk Becomes the Bank: Inside Nigeria’s Explosive POS Boom — and the Fraud, Failures and Fear Lurking Beneath

Koko Maxwella March 5, 2026

ABUJA, Nigeria – In many Nigerian neighbourhoods today, the nearest “bank” is no longer a marble-floored branch...

CBN Grants National Licences to Fintechs, Tightens Consumer Protection Central Bank of Nigeria headquarters in Abuja

Central Bank of Nigeria headquarters in Abuja

CBN Grants National Licences to Fintechs, Tightens Consumer Protection

Juliet Jacob January 26, 2026

ABUJA, Nigeria – Nigeria’s Central Bank grants national operating licences to leading FinTech firms and microfinance banks,...