E-payments Rise to N49trn Over Naira Crisis - Report
The new industry statistics from the Nigeria Inter-Bank Settlement System ( NIBSS) showed that Nigerians used electronic gateways 1.35 billion times in March, 448.54 million times more than the 901.46 million times they did in February.
The...
NIBSS: E-payment Declines to N37tn as Failed Transaction Mount - Report
The Nigeria Inter-Bank Settlement System data has revealed that the increase failed payment transactions in February caused a 4.83 per cent decrease in the value of cashless transactions to N37.67tn from the N39.58tn that...
E-payments Processed N55trn In Two Months
About N54.98tn was processed through Nigeria’s electronic channels in the first two months of 2022, according to data from the Nigeria Inter-Bank Settlement System portal. This is a 45.49 per cent increase from the corresponding period of 2021 when...
