Taking Africa’s import, export transactions to the world
Banking is moving beyond meeting customers’ needs in the immediate environment. Financial institutions with foresight are now moving to something more impactful to businesses and […]
transactions
Naira scarcity: Ekiti to sanction fuel stations rejecting PoS transactions
The Special Adviser to the State Governor on Industry, Trade and Investment, Mrs Omotayo Adeola, gave the warning at a meeting with the State Petroleum […]
E-payment transactions dipped to N37tr in February
The value of e-payment transactions dropped to N37.67 trillion in February 2023, representing a 4.83 per cent decrease from the N39.58 trillion that was recorded […]
‘All card transactions to go through domestic card, AfriGo’
With the unveiling of the Nigeria National Domestic Card (AfriGo) yesterday, the Central Bank of Nigeria (CBN) said all card transactions carried out in Nigeria […]
Ebuka wonders how much banks rake in from failed, unreversed transactions
Popular television host and lawyer, Ebuka Obi-Uchendu has pondered on how much banks rake in from failed or unreversed transactions. Thinking aloud, the Big Brother […]
Banks stop naira cards for online, PoS transactions abroad
Banks have announced stoppage of use of naira card for International online and Point of Sale (PoS) transactions. The banks also placed limits on how […]
94% of cash transactions within N500, 000 new cash withdrawal limit, says Emefiele
• 500m pieces of redesigned notes ordered The Central Bank of Nigeria (CBN) yesterday said 94 per cent of all cash transactions falls below the […]
NFIU flags N150tn transactions, EFCC tracks candidates’ spending
The Nigeria Financial Intelligence Unit has flagged suspicious transactions valued at over N150tn between January and March 2022, according to its Suspicious Transaction Report/Suspicious Activity […]