Inflation: Money Supply Rises By 22.5% To N38trn       The increasing demand for cash by members of the public to meet the rising prices of goods and services has caused money supply in the economy to jump by 22.5 per cent Year-on-Year (YoY) to N38 trillion...

NIPOST To Begin Electronic Money Transfer Service The Nigerian Postal Service is set to roll out a new product – electronic money order – that would enable customers in both rural and urban communities to transfer and receive money across the country. The Postmaster General of...

ETranzact Strengthens Financial Inclusion With 10,000 Mobile Money Agents   ETranzact, Africa’s e-payments solution provider, is set to strenghten financial inclusion by expanding its PocketMoni service with 10,000 active mobile money agents, through the Central Bank of Nigeria-funded Shared Agent Network Expansion Facility initiative. The expansion, according...