Point of Sale transactions in Nigeria totalled N6.23tn between January and July 2024, according to data from the Nigeria Inter-Bank Settlement System. This marks a 7.4 per cent decline compared to the N6.79tn recorded in the same period in 2023, reflecting changes in consumer behaviour and spending patterns. A breakdown of the NIBSS data shows
PoS transactions hit N6.23tn in seven months
![PoS transactions hit N6.23tn in seven months](https://cdn.punchng.com/wp-content/uploads/2024/09/12225613/PoS-operators.jpg)