Mobile Banking Rises By 230% In January   Nigeria’s mobile banking usage surged by 230.72 per cent year-on-year in January 2023 according to data from Nigeria Interbank Settlement System, despite multiple reported failures. The leap in the use of banking apps and mobile gateways is traceable to...

COVID-19 Raises Nigeria’s Mobile Banking To N16trn – IMF     The value of mobile money transactions increased to 9.72 per cent of Nigeria’s Gross Domestic Product in 2020 as the COVID-19 pandemic lockdowns pushed more people to Internal banking and other digital transaction. However, the number of...

62% Of Enterprises Use Mobile Banking - NBS             The National Bureau of Statistics has said that 62 per cent of enterprises use mobile banking for their business operations. The NBS said this in its report titled ‘The impact of COVID-19 on business enterprises in Nigeria’. The report...

N1tn Transactions Recorded By FirstBank From Mobile Banking Channel   FirstBank of Nigeria Limited has revealed that it has recorded giant strides in its drive for financial inclusion via its 894 quick banking, a USSD based channel that enables customers to access banking services using any...