Cheque Transactions Shrink By 39% As Digital Payments Rise       The volume of cheques cleared by Nigerian banks keep shrinking as bank customers continue to embrace electronic payments for their financial transactions. From January to September this year, the volume of cheques dropped by 39 per cent...

Cheque Transactions Decline By N550bn As E-platforms’ Preference Rises   Between January and December last year, the total value of transactions by cheques declined by N550bn from N5.03tn to N4.48tn. The figures are contained in the electronic payment report obtained from the Central Bank of Nigeria. In terms...

As Digital Payments Rise, Cheque Transactions Shrink By 20% The volume of cheques cleared by Nigerian banks keeps shrinking as bank customers continue to embrace electronic payments for their financial transactions. In January this year, the volume of cheques dropped by 20% to 712,191 compared...