The Central bank of Nigeria in collaboration with the Nigerian Inter-Bank Settlement System (NIBSS) officially unveiled the Nigerian National Domestic Card Scheme. The new domestic card scheme is a robust in-country scheme tailored to address the specific requirements of Nigeria’s payment industry and provide innovative offerings to the Nigerian market and beyond. Here is Central Bank Governor Godwin Emefiele
The unveil is in line with the CBN’s mandate to promote financial security, stability, inclusion, growth and empower African’s payment ecosystem.
AfriGO as it is called helps to ensure the sovereignty and security of payments in Nigeria, reduce operational costs, reduce fx costs, enhance financial inclusion.