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Banking
35 posts
US Banking System Experiences Withdrawals Of Up To $100 Billion In Recent Days
According to new data from the Federal Reserve, bank customers recently pulled nearly $100 billion in deposits, with…
Nigeria’s e-Payment Transactions Grew By 42% To N387 trillion In 2022
According to data from the Nigeria Inter-Bank Settlement System (NIBSS), electronic payment transactions in the country grew by…
The e-Naira Recorded N8 Billion Worth Of Transactions, 3,305 Merchants And Has Fully Integrated With 33 Banks One Year After Its Launch
According to the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, the e-naira recorded N8 billion…
Mobile Bank Transfers In Nigeria Hit N12.8 Trillion Between January and September – NIBSS
According to data from the Nigeria Inter-Bank Settlement System (NIBSS) between January and September this year, Nigerians transferred…
Nigeria’s POS Transactions Hit A Monthly All-time High Of N735.6 Billion In September 2022
In September, the value of transactions conducted via point of sales (POS) terminals ran into a total of…
Nigeria’s e-Payment Transactions Value Stood At N32.8 Trillion In September 2022
In the month of September, transactions worth N32.8 trillion were performed electronically through the NIBSS Instant Payment platform…
Flutterwave Adds The e-Naira As A Payment Option For Merchants On Its Platform
On Wednesday, Africa-focused financial technology company and Africa’s most valued unicorn Flutterwave announced the availability of Nigeria’s central…
Kippa Receives Its Super Agent Banking License From Nigeria’s Central Bank
Nigeria’s apex bank – the Central Bank of Nigeria (CBN) has issued fintech startup Africave Technologies Limited DBA…
Nigeria’s POS Transaction Volume Stands At ₦4.6 Trillion So Far This Year
According to data from the Nigeria Inter-Bank Settlement System (NIBSS), Point-of-sale (POS) transactions between January and July this…
Nigeria Records E-payment Transactions Worth ₦204.5 Trillion Between January And July 2022
According to the Nigeria Inter-Bank Settlement Systems (NIBSS) between January and July this year, transactions worth ₦204.5 trillion…
