‘Nigeria Banks process 13.5m cheques equivalent N6.2trn in the sector’

TOTAL number of 13.46 million cheques worth N6.19tn were processed by the banking sector in the 2015 fiscal period, figures obtained from the Nigerian Interbank Settlement System have revealed. The NIBSS was set up by the Central Bank of Nigeria and licensed commercial banks and discount houses in 1993 to help streamline inter-bank payments and […]

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