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How banks multi-billion naira cashless investments collapsed during cash scarcity

"I don’t know what to do. Those who patronise me don’t have cash and I don’t accept bank transfers,” a fruit seller at Mile 12 Market, Isa Yusuf."

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UK Future of Payments Review Report calls for National Payments Vision and Strategy | Hogan Lovells

HM Treasury has published a report on the Future of Payments Review 2023 (the Report), which was launched as part of the Chancellor's Mansion House Reforms in July 2023. The Report aims.

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UBA leads as Nigerian banks earning from cashless transactions hit N279bn

UBA leads as Nigerian banks earning from cashless transactions hit N279bn
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Banks rake in N280bn from e-banking, govt eyes N584bn

While the policy has been put on hold, banks are still benefitting from the rise in fees from e-banking channels

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Banks grow e-banking revenue to N96bn – Report

This was an increase of 23.84 per cent from the N77.91bn recorded in the previous quarter of 2022.

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