Legit on MSN14d
CBN report shows Nigerians favour PoS over ATMs for cash needs
A CBN report has shown that in the first half of 2024, Nigerians conducted transactions on POS terminals, far exceeding the value of transactions on ATMs.
businessday6d
One PoS for 38 Nigerians fills ATM’s cash crunch
Point of Sales (PoS) terminals have become much more critical to financial services than automated teller machines (ATMs), ...
The Punch Newspapers14d
2024 POS transactions surpassed ATM usage by 603% – CBN
According to the Fraud and Forgeries Report in Nigerian Banks for the first quarter of 2024 by FITC, POS fraud cases surged by 31.12 per cent in Q1 2024. In Q4 2023, there were 2,683 reported cases of ...
Nairametrics13d
Against all odds, FirstBank eyes another decade of growth
By Geoff Iyatse In the first nine months of last year, the earnings per share (EPS) of FBNHoldings Plc, the parent ...
The Punch Newspapers25d
Yuletide: CBN fines nine banks N1.35bn for ATM cash scarcity
The Central Bank of Nigeria has sanctioned nine Deposit Money ... The affected banks include Fidelity Bank Plc, First Bank Plc, Keystone Bank Plc, Union Bank Plc, Globus Bank Plc, Providus Bank ...
AllAfrica.com25d
Nigeria: CBN Sanctions 9 Banks for Failing to Dispense Cash At ATMs
The Central Bank ... Nigeria (CBN) has sanctioned nine Deposit Money Banks (DMBs) with a cumulative fine of ₦1.35 billion for failing to dispense naira notes through Automated Teller Machines ...