Tags :NIBSS
Findings in the electronic payment data from the Nigerian Interbank Settlement System have shown that the volume of Point of Sales (PoS) transactions fell Month-on-Month (MoM) by two per cent to 85.2 million in December 2022 from 86.7 Read More
According to new industry statistics from the Nigeria Inter-Bank Settlement System, cashless transactions in Nigeria have risen by 41.75 per cent. This is an increase to N318.66 trillion in the first 11 months of 2022. The N318.66 trillion Read More
Findings from the e-payment data released by the Nigeria Interbank Settlement System showed that the volume of electronic payment transactions in Nigeria rose YoY by 14.8 per cent. This is to 1.06 billion in November 2022 from 922.65 million Read More
Data released by the Nigeria Inter-Bank Settlement Systems (NIBSS) revealed that the value of electronic payment transactions rose year-on-year by 26 percent to N271.6 trillion in the first nine months of the year (January to September 2022). Read More
According to data from the Nigeria Inter-Bank Settlement System, Nigerians spent N2.18 trillion on electronic bills such as power, PayTV, and other utilities in the first nine months of 2022. This is a 30.84 percent increase from Read More
Findings from the fees and commission data has shown that customers of leading commercial banks in Nigeria paid N45.9 billion as account maintenance fees in the first half of the year (H1’22). This Read More
According to data from the Nigeria Interbank Settlement System, mobile transactions have risen by N8.981 trillion between the first seven months of 2019 and the corresponding period of 2022. The transaction rose from N289.12 billion in 2019 to Read More
According to data from the Nigeria Inter-Bank Settlement System, Nigerians have spent N1.69 trillion electronically on utility bills in the first seven months of 2022 The utility bills include payments like power, Pay TV subscriptions, and Read More
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 Read More
