Nigeria Inter-Bank Settlement System

The Central Bank of Nigeria (CBN) on Thursday issued regulatory guidelines for the operation of Indirect Participants in the Payments System, with effect from November 11. The apex bank made this known in a circular issued by CBN’s…

The Deputy Managing Director (DMD), eTranzact International Plc., Hakeem Adeniji-Adele, has identified the Nigerian culture and penchant for cash transaction, as the bane of digital payments in the country. He made the assertion as the…