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ePayments down 4.8% in February amid unresolved failed transactions

Contrary to claims that the Central Bank of Nigeria (CBN) policy on naira redesign will deepen electronic transactions in the country, February data from the Nigeria Inter-Bank Settlement System (NIBSS) may have shown otherwise. In February, obviously due to several failed electronic payment transactions, the value of transactions fell to N37.6 trillion, a 4.8 per […]

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