Cashless economy deepens as electronic transactions hit N1.08qd

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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