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Nigerians’ Expenditure On Utility Bills Hits N1.69tn
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 other everyday utilities in households. This is a 32.06 per cent increase from the N1.28tn that was electronically spent…
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Nigerians’ Spending On Utility Bills Soars By 387%
The amount Nigerians spent on electronic bills 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. This indicates an increase in the use of e-channels by Nigerians on bills such as power and other utilities. According to the Nigeria Inter-Bank Settlement System,…