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Holiday Date Notes Mawlid: 12 Rabi' al-awwal: Muslim holiday celebrating the birthday of Muhammad. Eid al-Adha: 10 Dhu al-Hijjah: Muslim holiday celebrating the willingness of Ibrahim to sacrifice his son. Eid al-Fitr: 1 Shawwal: Muslim holiday celebrating the end of Ramadan, a month of fasting. Good Friday: Friday before Easter (March or April)
Remita is a financial services platform owned by SystemSpecs, a financial services company headquartered in Lagos, Nigeria. It has served as the gateway for the treasury single account of the Nigerian government since 2012. [1] [2]
Interswitch is a leading African integrated payments and digital commerce platform company headquartered in Lagos.Founded in 2002 in Nigeria, as a transaction switching and processing company with national focus, Interswitch progressively evolved to incorporate consumer financial services with the successive launches of Quickteller, a retail payments ecosystem linking merchants and billers ...
[1] [2] A payment system is an operational network which links bank accounts and provides for monetary exchange using bank deposits. [3] Some payment systems also include credit mechanisms, which are essentially a different aspect of payment. Payment systems are used in lieu of tendering cash in domestic and international transactions. This ...
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Opay was formerly known as Paycom Nigeria limited. It was established in 2013, and licensed by the Central Bank of Nigeria in 2018. [3] It was insured by the Nigeria Deposit Insurance Corporation. In May 2019, Opay launched its Point of sale service, which was mostly dominant in Nigeria during the naira cash strike. In November 2021 Olu Akanmu ...
Kora is a pan-African payment infrastructure company headquartered in Lagos, Nigeria, with offices in Canada and the United Kingdom. [1] The fintech company enables local and global businesses to accept pay-ins, make payouts, and get settled across popular payment channels across Africa.
The World Bank reports that remittances for the Nigerian diaspora during this period account for 4% of Nigeria's GDP, and show significant spending power when the expatriates come back home. [6] While Detty December is mostly associated with the cities, many of the returnees also use this opportunity to visit their countryside villages. [6]