Payments And Banking In 2021

What do people look out for when choosing a bank? What do you think that your bank should do for you? Why do some banks charge fees while others do not? Do you remember how the Central Bank of Nigeria kept everyone on their feet just before they released those bombshell documents like banning banks from facilitating crypto transactions? How about telcos getting “approval in principle” to launch mobile money services, and the launch of a digital currency; the eNaira? Do you remember #TelcosVsBanks? All these are on our list of the trends that shaped Payments and Banking in 2021. What are yours? Nkemjika Okeke and Stanley Onuorah who work in Nigeria’s banking sector discuss the major trends of the banking sector in 2021.