Business
e-Payment transactions in Nigeria hit N203.35trn in half year, says CBN
Electronic payment (e-payment) transactions worth N203.35 trillion were carried out by banks between January and June, this year, Central Bank of Nigeria (CBN) half-year e-payment figures have shown.
The data, released in the apex bank website showed that the deals occurred through among other channels.
The report showed that 3.4 million transactions worth N2.2 trillion occurred through cheques; 504 million transactions worth N49.35 trillion through NIP; 424.5 million transactions worth N3.23 trillion through ATMs.
PoS attracted 187.6 million transactions worth N1.39 trillion, while web transfers attracted 47.9 million deals worth N223.9 billion.
Others are mobile money, 104.7 million transactions worth N1.9 trillion and Remita’s 21.6 million transactions worth N9.8 trillion.
-
Business6 days agoAbuja gears up for Jetour T2’s rugged-luxury experience
-
Business1 week agoNigeria Business Outlook: Dangote IPO, markets, inflation and naira in focus this week
-
Business7 days agoDangote IPO rush crashes Bamboo login as investors flood platform
-
News4 days agoUK, Canada pledge closer cooperation on trade, defence and AI
-
Business5 days agoTinubu’s economic reforms face public confidence test as cost-of-living crisis persists
-
Business5 days agoDangote: Petrol price gap fuels smuggling as Nigeria faces fresh pump price surge
-
Latest1 week agoHamzat meets Pastor Chris Oyakhilome, hails Christ Embassy’s community impact
-
Latest5 days agoCourt sets 7-day window for Atiku to serve Tinubu in 2027 suit