CBN To Banks: Cut Service Cost         The Central Bank of Nigeria (CBN) has advises banks and other financial institutions to reduce the cost of providing banking services to their customers, especially the underbanked and unbanked within the society. CBN Director, Payment System Management Department, Musa Jimoh...

Instant Payments, PoS Deals Hit N95.89trn In Eight Months     The value of transactions via the two digital payment platforms – Nigeria Interbank Settlement System Instant payment system and Point of Sales terminals – across the country rose to N95.89tn from January to August this year. The...