The figures are contained in the electronic payment report obtained from the Central Bank of Nigeria.
Experts attributed the drop in cheque transactions to preference by people for the use of electronic payment platforms due to the ease and speed of transactions. The N17tn represents an increase of 13 per cent over the N133.63tn recorded in the 2018 financial period.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coronavirus Forces Global Markets To DipCoronavirus Forces Global Markets To Dip
Source: channelstv - 🏆 7. / 63 Read more »
Banks’ instant transfers value hits N442trn in 2019 – Daily TrustThe Central Bank of Nigeria (CBN) on Monday reported that instant transfer transactions in the nation’s banking system totalled N442 trillion last year A data on the electronic transactions, which captures the banking industry e-payment figures for 2019, showed that the intra bank e-payment transaction recorded the highest value with a total of N441.9 trillion … Nigeria my country, yet we still opt for L...
Source: Daily Trust - 🏆 13. / 51 Read more »
Five APC Councillors dump party for PDP - Daily Post NigeriaFive Councillors elected on the platform of the All Progressives Congress (APC) in Gusau Local Government Area of Zamfara State on Monday defected to the Welcome Home of OfficialPDP
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Boko Haram: HURIWA backs Buratai to continue as Army Chief - Daily Post NigeriaA leading civil Rights advocacy platform, the Human Rights Writers Association of Nigeria, HURIWA, has thrown its weight behind the efforts being made by Against retirement age until God replaced them You see how greedy and foolish some Nigerians are.still backing chief of enjoyment to further destroy them all in d name of na d same place with us.80%northerners foolish..God forbid.which kain brain most of una get sef.annoying group Shebi na their people the killings Dey affect pass Useless people
Source: DailyPostNGR - 🏆 11. / 59 Read more »
ASUU blames federal, state govts over rising insecurity, poverty, others - Daily Post NigeriaThe Academic Staff Union of Universities (ASUU) has blamed both the federal and state governments for rise in indigent citizenship. The union said it has They not serious
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Coronavirus: Price of food, consumables spike in ChinaThe price of food has risen in China as the country continues to battle the scourge of the coronavirus which has been ravaging the country since December
Source: PremiumTimesng - 🏆 3. / 78 Read more »