Nigeria's payment system attracts $500m investment in five years —CBN - Punch Newspapers

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“As the global economy recovers from COVID-19, it is obvious that fintech will play a more important role towards resilient and sustainable recovery.

Speaking on the efforts to cushion the effect of the pandemic, Emefiele said that among other things, the bank implemented measures aimed at reducing the risk to financial stability. He also noted that as part of the bank’s effort to drive development in the financial sector by leveraging latest technology, it would be introducing the eNaira in a few days.

 

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Investment In Nigeria's Payment System Rises To $500mInvestment by firms in Nigeria's payment system rose to $500 million between 2015 and 2020, Governor of the Central Bank of Nigeria (CBN), Godwin
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