Cashless Nigeria: N89.5tn spent electronically in July – NIBSS

The Nigeria Inter-Bank Settlement Systems has disclosed that Nigerians spent a total of N89.50tn through electronic channels in July 2024, marking the highest monthly transaction value ever recorded on the NIBSS Instant Payment platform. This figure represents an 89 per cent year-on-year increase when compared to N47.39tn recorded in the same period last year. According

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