Zone Partners with NIBSS to Introduce Blockchain for POS Payment Reconciliation
Nigerian blockchain-enabled payments infrastructure provider Zone has teamed up with the Nigerian Inter-Bank Settlement Scheme (NIBSS) to leverage blockchain technology for managing Point-of-Sale (POS) terminal transactions. This partnership aims to improve transaction reconciliation, reduce fraud, and expedite dispute resolution for participating banks and fintechs by providing access to a decentralized blockchain ledger. Currently, POS transactions […]
Nigeria’s SEC Denies Issuing Crypto Licenses, Plans to Start in August
The Securities and Exchange Commission (SEC) of Nigeria has clarified that it has not yet issued any crypto licenses, countering reports claiming a major platform had received provisional approval. According to Bloomberg, the SEC plans to issue its first licenses for digital services and tokenized assets later in August. SEC Director General Emomotimi Agama confirmed […]
