Cashless economy deepens as electronic transactions hit N1.08qd

The value of electronic transactions in Nigeria in 2024 rose by 79 per cent compared to the previous year to a record high of N1.08qd (quadrillion) This is according to the latest data from the Nigeria Inter-Bank Settlement System on the value of NIBSS Instant Payments. The NIBSS Instant Payments is an account-number-based, online real-time

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