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Onafriq winds down Baxi agent banking business in Nigeria

Nairametrics ·

Fintech company, Onafriq, has announced plans to wind down its Baxi agent banking business in Nigeria, citing naira depreciation, rising operating costs and shrinking margins amid intensifying competition in the payment services market. The post Onafriq winds down Baxi agent banking business in Nigeria appeared first on Nairametrics .

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Publication and source information

Platform
NewsTiVi
Source
Nairametrics
Published
10/16/2026, 12:27:35 PM
Country
Nigeria

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