FinTech Futures: Top five stories of the week – 17 March 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Central Bank of Nigeria
Central Bank of Nigeria publishes open banking guidelines
The central bank had first begun work on the adoption of open banking in June 2017.
Nigerian central bank launches eNaira CBDC
Central bank claims CBDC will boost financial inclusion in the continent’s most populous nation.
Nigerian central bank partners with Bitt to deliver new digital currency
The Barbadian fintech says digitising the Naira will benefit the entire Nigerian financial ecosystem.
Nigerian central bank plans October 2021 digital currency pilot
The central bank ordered the cessation of cryptocurrency exchange services in February.
Nigeria’s central bank issues crypto shutdown throwing fintechs into disarray
Nigeria is one of the world’s largest users of virtual currencies.
New core banking system for Nigeria’s microfinance banks
Inlaks, a banking software provider in Nigeria and West Africa, has built a core banking solution together with the Central Bank of Nigeria (CBN) for the country’s microfinance sector.
