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...

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...

E-payment Transactions In Q1 Rise By 82% To N66trn       Nigeria’s financial system has recorded further surge in the value of electronic payment (e-payment) transactions to N65.6 trillion in the first quarter of the year (Q1’21) indicating a whopping 82 percent Year-on-Year, YoY, increase from N36.02...

Monthly Instant Payments, PoS Deals Drop To N19trn     The value of transactions via digital payment platforms – Nigeria Interbank Settlement System Instant Payment System and Point of Sales terminals – dropped to N18.99tn in January 2021. According to data obtained from Nigeria Interbank Settlement System on...