Statistics by the Nigerian Interbank Settlement Systems (NIBSS) shows that the country has a total of 31.2 million bank accounts that are not active in the banking system. According to the data hosted on the website of the NIBSS, there are a total of ninety...

The Nigeria Inter-Bank Settlement Scheme (NIBSS), revealed that deployment of automated teller machines (ATMs) by commercial banks in the country is currently in deficit of 72.33 per cent. The NIBSS, in its latest industry report, said that the ATMs installed by commercial banks in the...

  Nigeria’s peak electricity generation increased from the 2,993 Mega Watts (MW) it recorded on July 17 to 3,213MW. This comes as Ikeja Electric Plc, introduced a debt discount initiative, which provides various percentage discount options to enable customers pay off their outstanding bills and meet...