AMMBAN Says 50% PoS Operators Close Shops Over Naira Scarcity The Association of Mobile Money and Bank Agents in Nigeria says over 50 per cent of Point of Sale operators have closed their shops as scarcity of new and old naira notes worsens. The National Chief...

Customers pay N92.2bn for N4.61tn PoS Transactions in 7 Months - NIBSS The Nigeria Inter-Bank Settlement System recent data has revealed that Point of Sale (PoS) terminals transactions in the first seven months of the year totaled N4.61tn. Noting that, For withdraws or transactions between...

Spending on Utility Bills in Nigeria Soars by 387%  - E-payment The Nigeria Inter-Bank Settlement System report has indicated that the amount Nigerians spent on electronic bills such as power and other utilities grew by 387.19 per cent from N189.50bn in the first four months...