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CBN: Completed e-payment transactions hit N203 trillion

Electronic payment (e-payment) transactions worth N203.35 trillion were carried out by banks between January and June 2019, Central Bank of Nigeria (CBN) half-year e-payment figures have shown.

Women groups seek review of N50 stamp duty charges

Some women groups have called for further review of the N50 stamp duty charges on electronic payment recently introduced by the Central Bank of Nigeria (CBN).
Central Bank of Nigeria - CBN

Central bank orders private, public firms to pay salaries, taxes, pensions electronically

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to dishonour instructions on the payment of salaries, pensions, and taxes of public and private companies that are not transmitted on approved electronic payment and collection platforms.

Central bank issues new directive on payment of salaries, pension taxes

The Central Bank of Nigeria (CBN) has issued a directive for the commencement of the end-to-end electronic payment of salaries, pensions, suppliers and taxes in the country.
e-Payment - iStock

Nigeria’s e-payment transactions hit N56.85 trillion

Latest report from the Nigerian Interbank Settlement System (NIBSS), has shown that Nigeria’s electronic payment (e-payment) services, recorded transactions worth N56.85 trillion between January and end of September, 2018.

CCT introduces electronic payment in Bauchi

The Conditional Cash Transfer (CCT) Unit in Bauchi says it has introduced electronic payment system to beneficiaries in the state, for ease of transaction.

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Enugu boosts fire service with five Innoson fighter trucks

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