Business News

Nigeria’s E-Payment Transactions Hit N56.85trn – Reports

Reports from the Nigerian Interbank Settlement System (NIBSS), have indicated that Nigeria’s electronic payment (e-payment) services, recorded transactions worth N56.85 trillion from January to September, 2018. The report, obtained by the News Agency of Nigeria (NAN) on Sunday, showed an increase of N16.4 trillion when compared to the N40.45 trillion that was recorded in the […]

Business foreign News

India Nigeria’s Biggest Trading Partner, Buys N719.2b Of Crude

India was Nigeria’s biggest trading partner in the third quarter of 2018, gulping N719.2billion of crude and N37.7billion of natural gas exports from the country. India also bought cashew nuts worth N4.7billion. Latest figures from the National Bureau of Statistics (NBS), covering July, August and September, showed that Nigeria imported motorcycles and cycles worth N29.2billion […]