Nigeria’s electronic payments surged by 24.4 percent year-on-year to ₦295.5 trillion in the first quarter (Q1) of 2025 as the country shifts toward a cashless economy....
Nigeria’s interbank lending rate surged to 28.58 percent in January 2025, the highest level in five years as the Central Bank of Nigeria (CBN) intensified its...
Nigeria Interbank Settlement System (NIBSS) reported a N572 trillion cashless boom due to an increase in electronic instant transfers in the country, resulting in a decline...