Nigeria, hailed as the largest economy in Africa and the 24th largest globally, stands at the forefront of technological innovation on the continent, earning its reputation as the tech capital of Africa. Spearheading the nation’s digital transformation is the Central Bank’s ambitious “Cashless project,” aimed at propelling Nigeria towards a cashless society by driving the adoption of digital payments. Notably, 60% of the population now has access to financial services, owing to the central bank’s unwavering commitment to financial inclusion and supportive regulatory frameworks. These include revised Know Your Customer (KYC) requirements for lower-tier accounts and incentives to bolster agent networks nationwide.