Tags : mobile transactions

Mobile Transactions Hit N4.86tn In Four Months 

According to data from the Nigeria Interbank Settlement System, Nigerians’ use of mobile channels for payment transactions has risen by 3,454.46 percent. This is an increase from N136.85 billion within the first four months of 2019 to N4.86 trillion in the corresponding period of 2022. This growth follows a 13.98 percent increase in the number […]Read More

Mobile Transactions Hit N8.07tn In Five years

According to the Nigeria Interbank Settlement System and Nigerian Communications Commission, mobile transactions in Nigeria have jumped by 4,009.58 percent to hit N8.07tn within a five-year period as the number of telecommunication subscribers rises by 34.91 per cent to 195,128,265. Reports on the mobile inter-scheme transaction data tracked on the NIBBS portal revealed that mobile […]Read More