by admin-techpalava | Mar 27, 2026 | Fintech
Starting May 1, 2026, a major change is coming to Nigeria’s banking system — and it could affect how you access your money. The Central Bank of Nigeria (CBN) has introduced a new rule: you can only change the phone number linked to your Bank Verification Number (BVN)... 
by admin-techpalava | Mar 24, 2026 | Fintech
The Central Bank has introduced a new rule that could affect how you access your bank account. Starting May 1, 2026, you can only change the phone number linked to your BVN once in your lifetime. Yes… just once. Why this matters: Your phone number is not just for... 
by admin-techpalava | Dec 7, 2024 | Fintech
Imagine running a business where payments are always smooth, customers are happy, and long queues at the cash register are a thing of the past. This is what Opay POS machines bring to the table—a fast, reliable, and widely trusted payment solution tailored for... 
by admin-techpalava | Dec 4, 2024 | Fintech
When it comes to money, you can’t afford to hire just anyone as your POS agent. Doing so could lead to significant losses, as there have been numerous cases of agents absconding with their employer’s funds. Think about it—entrusting someone with a large amount... 
by admin-techpalava | Dec 4, 2024 | Fintech
The Federal Government of Nigeria has officially commenced the implementation of the Electronic Money Transfer Levy (EMTL), introducing a charge of N50 on electronic transactions of N10,000 and above. This new levy is applicable to transactions facilitated by... 
by admin-techpalava | Nov 29, 2024 | Fintech
Guaranty Trust Bank (GTBank), one of Nigeria’s leading financial institutions, has been navigating a stormy transition following its recent migration to the Finacle Suite of Core Banking Application Systems. The upgrade, designed to enhance service delivery and adapt... 
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