E-payment Transactions Hit N111.29trn In Nine Months         The value of transactions via the two digital payment platforms – Nigeria Interbank Settlement System Instant Payment System and Point of Sales terminals – rose to N111.29tn from January to September this year. The two platforms recorded a 44...

GTB, Zenith, UBA Account For N15.88bn Transactions         The most traded stocks on the floor of the stock market last week were United Bank for Africa Plc, Guaranty Trust Bank Plc and Zenith Bank Plc (measured by volume) as they accounted for 88×5.52 million shares worth...

Equity Market Begins Week With N9bn Loss     Transactions on the floor of the Nigerian equity market on Monday extended losses as bears tighten their grip on the local bourse. The market breadth also closed positive and recorded 12 gainers against 13 losers. Consequently, the All-Share Index dipped...

Cheque Transactions Drop By 56% To N178bn In May   The value of cheque transactions fell sharply year-on-year (YoY) by 55.7 percent to N178 billion in May 2020 from N401.8 billion in the corresponding period of 2019. Similarly, the volume of cheque transactions declined by 63 percent...

Transactions On CBN’s I & E Window Now $171bn   The cumulative transactions on the Investors and Exporters’ (I&E) foreign exchange window of the Central Bank of Nigeria (CBN) have risen to $171.45 billion since the bank created the market three years ago. Data obtained from the...

175,911 PoS Transactions Fail As Lockdown Begins   Point of Sale transactions recorded 175,911 failure rate or 15.55 per cent of total transactions on Tuesday, as the movement restriction directive of the Federal Government commenced. According to the live PoS report of the Nigeria Inter-Bank Settlement Plc...