Business Hilights

Tracking Nigeria's Headline Business News Online

Nigerian Inter-Bank Settlement Scheme (NIBSS)

Electronic payments to soar as banks’ enforce N150,000 cheque cash limit

Strong indications have suggested that the speed with which the Nigerian economy is adapting to cashless economy will soar going forward as all commercial banks have started the enforcement of dishonouring cheques with face values exceeding N150,000. Checks at some…