Tag: NIBSS
Significant Surge in e-Payment Transactions Recorded in Nigeria in Q1 2024
The digital payment landscape in Nigeria witnessed a remarkable surge in the first quarter of 2024, with electronic payment transactions reaching a staggering N234 trillion. This substantial figure represents an impressive 89.3% increase compared to the N123.8 trillion recorded during the same period in 2023. Data released by the Nigeria Inter-Bank Settlement System (NIBSS) revealed…