Dried Crayfish Export from Nigeria:Made Easy

Dried Crayfish Export from Nigeria:Made Easy

Dried Crayfish is one of the foodstuffs currently being exported from Nigeria to countries in Europe, America and Asian More »

How to export Ginger from Nigeria and Make Huge Profit

How to export Ginger from Nigeria and Make Huge Profit

The demand for Ginger in the international market has gone up significantly because the root is now being used as raw material in manufacturing process. More »

Make Millions of Naira through Cashew Export from Nigeria.

Make Millions of Naira through Cashew Export from Nigeria.

The export of cashew nuts and other agricultural commodities from Nigeria is fast becoming very lucrative these days; More »

Bitter kola export business in Nigeria, Invest N80, 000 & make100percent profits

Bitter kola export business in Nigeria, Invest N80, 000 & make100percent profits

Bitter kola export business in Nigeria, Invest N80, 000 & make100percent profits More »

Start A Profitable Groundnut Oil Production Business in Nigeria

Start A Profitable Groundnut Oil Production Business in Nigeria

The high demand for groundnut oil nationwide and the short fall in supply due to the ban on the importation of the product by the federal government of Nigeria has thus make Groundnut oil production business very lucrative. More »

 

NIBSS Records N879 billion Payment in 17,130.91 POS Transactions in Q1 2019

Reports from the Nigerian Interbank Settlement System (NIBSS), indicate that Nigeria’s Point of Sales (POS) recorded 117,130.91 transactions from January to April.

The report, obtained by the News Agency of Nigeria (NAN) on Sunday, showed an increase of 42,816.99 when compared to the 74,313.92 that was recorded in the corresponding period of 2018.

The report also showed that 902,978 terminals were deployed in the same period, an indication of 231,441 more than the 671,537 that was recorded in the first quarter of 2018.

In the period under review, 1.09 million POS terminals were registered, an increase of 306,570 more than the 789,444 registered in the first quarter of 2018.

According to the report, there is a rise of about N232.86 billion from N647.04 billion to N879.9 billion in the use of POS machines to carry out payments by Nigerians.

Meanwhile, for Electronic Bills (e-bills) payment, 338,021 transactions worth N167.65 billion were carried out from January to April 2018, while 412,348 transactions valued at N189.5 billion were carried out in the first quarter of 2019.

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