PoS Transactions Hit N8tn in July – NIBSS  The recent data obtained from the Nigeria Interbank Settlement System has indicated that that the value of Point of Sale transactions in Nigeria has jumped 39 per cent to N8.03tn in 2022. The data showed that the aggregate...

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-payment Transactions In Q1 Rise By 82% To N66trn       Nigeria’s financial system has recorded further surge in the value of electronic payment (e-payment) transactions to N65.6 trillion in the first quarter of the year (Q1’21) indicating a whopping 82 percent Year-on-Year, YoY, increase from N36.02...