Electronic payment transactions in Nigeria rose to N600 trillion in 2023, hitting an all-time high as more Nigerians embrace cashless payments. According to the data released...
The Association of Certified Fraud Examiners (ACFE), Lagos chapter has called for strengthened security on digital payment platform to enhance adoption level and boost Nigerians’ confidence...
Data from the Nigeria Inter-Bank Settlement System (NIBSS) has shown that the volume of mobile money transactions for the month of February 2023 rose by 70...
The Nigeria Data Protection Bureau has opened an investigation into allegations of data breach by two Nigeria Banks, namely GT Bank and Zenith Bank. This investigations...
A total of 557,083,712 electronic-payment transactions valued at N34.02 trillion were recorded in selected banks across the country in the first quarter, 2019, Nigeria’s statistics bureau...
The Securities and Exchange Commission (SEC) has advised retail investors in the capital market to invest in Collective Investment Schemes and Mutual Funds to help reduce...
By Rotimi Adeniyi-Akintola Countries the world over are witnessing the rapid evolution of payment systems. These changes follow the technological shift from traditional modes of payment...
Despite Central Bank of Nigeria’s (CBN) effort to promote financial inclusion, the Nigeria Inter-Bank Settlement System (NIBSS) banking industry statistics shows that the number of customers...
