Onafriq Shuts Down Baxi Agent Banking Operations in Nigeria Over High Costs and Stiff Competition
Onafriq shuts down its Baxi POS agent banking business in Nigeria due to rising costs, currency drop, and tough competition. Pan-African technology and digital payments enterprise Onafriq has officially announced the complete shutdown of its Baxi agent banking business across Nigeria. The company publicly disclosed the decision on October 16, 2026, marking the end of […]
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