Tag: payment

Eight Nigerian banks have earned a total of N26.73bn from commissions charged on Letters of Credit issued for international trade transactions from January to September. Analysis of the third-quarter financial ...

The Lagos State Government has said it paid N25.06bn to 5,819 retirees in the state in the last 18 months. The Lagos State Governor, Babajide Sanwo-Olu, disclosed this during the ...

A new license categorisation for payments systems has been approved by the Central Bank of Nigeria. This was made public in a circular signed by Mr Musa Jimoh, Director, Payments ...

Increased investment in technology and the introduction of new online payment channels have earned Nigerian banks N133.92bn. The adoption of electronic channels for financial transactions earned 12 Deposit Money Banks ...