E-Payments Rise By 84.3% To N572trn In 7 Months

E-Payments Rise By 84.3% To N572trn In 7 Months …C0NTINUE READING HERE >>>

Electronic payments in Nigeria have surged by 84.3 per cent, reaching N572 trillion within the first seven months of 2024, as reported by the Nigeria Inter-Bank Settlement System (NIBSS). This remarkable growth reflects a significant shift towards digital transactions, driven by increased adoption of mobile payment solutions and improved financial infrastructure. The trend underscores the rising confidence in electronic payment systems, which are becoming integral to Nigeria’s economy,…

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