Tag: Transactions
CBN introduces electronic transactions in foreign exchange market
The new system is set to be fully implemented by December 01, 2024, following a two-week test run scheduled for ...
SERAP gives FG 48-hour ultimatum to reverse cybersecurity levy
Socio-Economic Rights and Accountability Project (SERAP) has urged the Federal Government to urgently reverse the 0.5% cybersecurity levy introduced by ...
Illegal loan apps use PSSPs to execute transactions – FCCPC
Few days ago NIBSS asked Deposit Money Bank to delist PSSP from its outward payment channels The Federal Competition and ...
CBN: eNaira Records 700,000 Transactions Valued At N8bn
One year after President Muhammadu Buhari introduced the digital currency, eNaira, through the Central Bank of Nigeria (CBN), the apex ...
Nigerian Banks Stop Usage Of ATM, PoS Transactions Abroad Over Dollar Scarcity
As dollar scarcity continues to hit Nigeria's economy badly, Deposit Money Banks have begun suspending their Automated Teller Machine cards ...
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