Foreign Transactions In The Stock Market Drop By N66.24bn The Nigerian Stock Exchange recorded a decline of N66.24bn in foreign portfolio transactions last month amid political uncertainties and rise in interest rates in the United States. The July 2018 Domestic and Foreign Portfolio Participation in Equity...

Transactions On E-Payment Platforms Hit N38.4trn   REPORTS of the Nigerian Interbank Settlement System, NIBBS, have indicated that Nigeria’s electronic payment (e-payment) services recorded N38.5 trillion transactions in the first half of 2018, H1’18, about 38.4 percent higher than the N27.8 trillion in the corresponding period...

70% Of Transactions At Ports Not Compliant With Trade Rules - NCS The Customs Area Comptroller of Tin-Can Customs Command, Nigerian Customs Service (NCS), Musa Baba Abdullahi, has disclosed that only 30 per cent of transactions at the ports comply with the requirements for trade. Abdullahi,...

Paga Processes N660bn Worth Of Transactions In 2017, Bags Award   For the third year in a row, Paga has been presented an award by the Nigeria Inter-Bank Settlement Systems Plc (NIBBS) for the mobile money operator’s outstanding performance in achieving the highest transaction count on...

In A Month, FMDQ OTC Exchange Records N14.9tn Transactions   Investors traded N14.94 trillion in the fixed income and currency (FIC) markets in the month of April, according to data released by the FMDQ OTC Securities Exchange. However, treasury bills remained the most traded securities on the...

E-payment Transactions Increased To N32tr In Q1   Value of electronic payments in Nigeria rose by 10 percent to N32.5 trillion in the first quarter of 2018 (Q1’18) from N29.4 trillion in fourth quarter 2017(Q4’17). Meanwhile Nigerians withdraw N1.6 trillion through Automated Teller Machine (ATM) in...