Mobile transfers increased by 125% compared to the same period the previous year.
The National Security Adviser has said that the recent policies introduced by the Central Bank of Nigeria (CBN) will make it difficult to pay officers on...
Despite the uncertainty surrounding the scarcity of the Nigerian Naira, the Nigeria Deposit Insurance Corporation (NDIC) has assured the Central Bank of Nigeria (CBN) that depositors...
Other alternative transaction methods Nigerians have been adopting included USSD, internet banking, mobile app banking, Point of Sales (POS), e-wallet among other electronic channels of transactions.
The Central Bank of Nigeria (CBN) has ordered the freeze of accounts related to Abdul Rehman Makki, a Pakistani linked to a terror group, Al-Qeada, by...
The Central Bank of Nigeria (CBN) has threatened to withdraw the license of any POS Operators found guilty of inflating charges beyond the approved amount. Blaise...
If the Central Bank of Nigeria (CBN) had known that redesigning the N1000, N500 and N200 notes could threaten the economy of the nation as it...
Since the Central Bank of Nigeria (CBN) announced the extension of deadline for return of the old naira notes, checks by Investors King has revealed that...
Most Nigerians, especially the average ones, appear to be going through very difficult moments of their lives over the non-circulation of the redesigned legal tender. Their...
The newly inaugurated Nigerian National Domestic Card Scheme is aimed at enhancing electronic payment and foreign exchange, the Central Bank of Nigeria (CBN) says. The official...