e-Payment Transactions Hit N600trn In 2023
Electronic payment transactions in Nigeria rose to N600 trillion in 2023, representing a 55 per cent increase over the N387 trillion recorded in 2022. This was disclosed by the Nigeria Inter-Bank Settlement System (NIBSS), in its recent data. The data showed that Nigerians spent a total of N71.9 trillion through electronic channels in December 2023….