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E-payment: Nigerians’ Spending on Utility Bills Soars by 387%
The amount Nigerians spent on electronic bills such as power and other utilities grew by 387.19 per cent from N189.50bn in the first four months of 2019 to N923.24bn in the corresponding period of 2022
Cashless Transactions Rise by 44%, Hit N117.33tn in Four Months – NIBSS Report
Cashless transactions rose by 44 per cent year-on-year to hit N117.33tn in the first four months of 2022, according to data from the Nigeria Inter-Bank Settlement System. From January 2022 to April 2022, N117.33tn
Report: E-Payment Transactions Hit N34.67trn In March
Transactions through electronic payment (e-payment) channels increased by 17.93 per cent to N34.67 trillion in March 2022, from N29.4 trillion recorded in the previous month, a report by Financial Derivatives Company Limited (FDC), has shown.