Building an Effective Payment System in Nigeria: Challenges, and Opportunities for Seamless Transactions
Nigeria, Africa’s largest economy, is experiencing a dynamic digital transformation, with its payment ecosystem playing a central role. As the country witnesses the rise of fintech companies, greater smartphone penetration, and a young, tech-savvy population, digital payments are becoming more mainstream. In fact, according to the Nigeria Inter-Bank Settlement System (NIBSS), electronic payment transactions grew […]