Culled—Proshare February 14, 2017/CBN The attention of the Central Bank of Nigeria (CBN) has been drawn to certain spurious and grossly uninformed claims suggesting that about 20 per cent of the Naira currency notes in circulation are counterfeited. While we acknowledge that no currency in the world is immune from […]
Money Market
CBN Unveils Exposure Guidelines on Instant Electronic Funds Transfer Services
February 14, 2017/CBN The Central Bank of Nigeria (CBN), in furtherance of its mandate for the development of the electronic payments system in Nigeria, hereby releases the Exposure Guidelines on Instant (Inter-bank) Electronic Funds Transfer Services in Nigeria, 2016 (Revised) for your review and comments. Kindly forward your comments in […]
CBN Releases e-Payment Statistics for the Period 2012-2016
February 14, 2017/CBN Below are some statistical data on varying e-payment channels in Nigeria from 2012- 2016. Volume of e-Payment Channels from 2012 to 2016 Volume of e-payment Channels Value of e-payment Channels Recommendations In view of the above, we recommend that the under listed platforms be made to showcase […]

