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Money

Nigerians Use PoS 178.9 Million Times In Two Months– NIBSS Report

…cheque use drops, hits six-year low Nigerians made use of Point of Sale terminals 3.03 million daily times to process payments in the...

Money

E-Payments Rise By 45%, N55tn Transferred In Two Months

ABOUT N54.98tn was processed through Nigeria’s electronic channels in the first two months of 2022, according to data from the Nigeria Inter-Bank Settlement...

Money

Four Banks Lost N1.77bn To Fraud In 2021, Says Report

Four Nigerian deposit money banks lost a total of N1.77bn to fraudulent activities involving the banks’ employees and consumers in 2021. This was...

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