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Cheque transactions dip by N550bn as e-platforms’ preference rise

Ifeanyi Onuba, Abuja Between January and December last year, the total value of transactions by cheques declined by N550bn from N5.03tn to N4.48tn. The figures are contained in the electronic payment report obtained from the Central Bank of Nigeria. In terms of the volume of transactions by cheques, the figure also dropped from 9,019,278 recorded
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Added February 11, 2020
from The Punch News