Cash Crunch: Emefiele Apologises For Failed Electronic Transactions   Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has apologised to Nigerians for the rise in failed electronic banking transactions. The CBN boss spoke at the end of the two-day monetary policy committee meeting in Abuja...

E-payment Transactions Rose By N80bn To N21trn In June       Transactions through electronic payment (e-payment) channels increased by N80 billion to N21.27 trillion in May 2021 against the N21.19 trillion recorded in April 2021. CEO of Financial Derivatives Company, Bismarck Rewane, said this in a report titled:...

E-bills Transactions Declined By 9% In February       The volume of transactions carried out on the electronic bill payment platform fell month-on-month, by 8.86 per cent to 92,571 in February 2021, from 101,578 in January 2021. According to data obtained from Nigeria Interbank Settlement System, there was...