Ahead of the yuletide season, customers of Nigerian banks are currently experiencing cash scarcity in the banking halls and are forced to patronise roadside Point of...
As the deadline of July 7, 2024 issued by the Corporate Affairs Commission (CAC) to Point of Sales (PoS) operators in Nigeria to register their businesses...
The Corporate Affairs Commission (CAC) has directed banks in the country to ensure compliance with the Central Bank of Nigeria (CBN)’s order on compulsory registration of...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has directed oil marketers in the country to accept Point of Sale (POS) and bank transfer services...
The Guaranty Trust Bank (GTBank), Stanbic IBTC, others have been excluded from the cash swap programme by the Central Bank of Nigeria (CBN). Ripples Nigeria had...
The Nigeria Interbank Settlement System (NIBSS) has revealed that more Nigerians are going cashless as the volume of financial transaction through mobile devices has more than...
Some angry youths on Wednesday stripped naked and set ablaze two young men who allegedly tried to rob POS operators at the Independence Layout area of...
The Nigeria Inter-Bank Settlement Systems (NIBSS) has revealed that business transactions worth N204.5 trillion were performed electronically in Nigeria between January and July this year. This...
Nigerian Fintech startup, Kuda, has faulted 24-year-old Point of Sales (PoS) operator, Olakunle AbdulGafar, for the harassment he faced in the hands of some officers of...
The fight against notorious bandits raining terror and kidnapping students in Northwest Nigeria took a new dimension in September as the government explored shutting down telecommunications...
Nigeria’s electronic payment transactions increased by 85.52 percent year-on-year to N171.99 trillion in August 2021. This was contained in data released by the Nigeria InterBank Settlement...
The Nigeria Interbank Settlement System (NIBSS) has revealed that the value of transactions via digital platforms in Nigeria in first quarter of 2021 increased by 12.55%...
The Uyo Zonal Office of the Economic and Financial Crimes Commission (EFCC) on Friday, March 26, 2021, secured the conviction and sentencing of one Austin Christopher...
Transactions carried out by Nigerians via electronic payment channels totalled N263.78 trillion between April and June this year, the National Bureau of Statistics (NBS) said on...
Total banking transactions executed during the Ramadan holiday that just went by came to 3.4 million transactions, live updates of the Nigerian Interbank Settlement System (NIBSS)...
Transactions estimated to be well over N108.427 trillion were consummated across the instant payment and the Point of Sales (POS) platforms in the country in 2019,...
Data obtained from the Nigerian Interbank Settlement System (NIBSS) show that the volume of transactions executed by bank customers in the country reached 1.65 million on...
Transactions worth N97.32 trillion were executed by bank customers via the instant payment and Point of Sales (POS) platforms between January and November 2019 according to...
The Federal Competition and Consumer Protection Commission (FCCPC) issued a directive on Tuesday, stopping the current N50 charge on every transaction executed through Point of Sales...
Data obtained on Monday from the Nigeria Inter-Bank Settlement System (NIBSS) has revealed declined transactions on Point of Sales terminals all over the country. This decline...
Live update Data from the Nigeria Interbank Settlement System (NIBSS) Instant Pay, has revealed that bank customers carried out about 2.5 million instant pay transactions as...
Findings have revealed that bank customers in Nigeria lose at least N20 million monthly to robbers and other criminals using the point of sales (POS) devices....
