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Tribunal imposes N120m fine on bank over failed transaction

The tribunal said the fine was imposed due to the bank’s failure to comply with the 10-minute or at most one-hour mandatory timeline for failed transfers to be reversed as provided by Sections 154 and...

Emefiele says transaction volume via e-channels increased by 836%

"While the use of cash and cheques continued to diminish, web-based transactions such as PoS, NIP, ATM and MMO have increased substantially."

Cashless policy: CBN urges Nigerians to embrace e-naira transactions

Naira crunch: Ekiti threatens fuel stations that reject POS transactions