Nigerians Spend N89.5 Trillion Via Electronic Channels in July 2024 – NIBSS Report

The Nigeria Inter-Bank Settlement Systems (NIBSS) in a report has disclosed that Nigerians spent a record N89.5 trillion through electronic channels in July 2024, marking the highest monthly transaction value ever recorded on the NIBSS Instant Payment (NIP) platform. This figure represents an 89% year-on-year increase compared to the N47.4 trillion recorded in July 2023. [...]The post Nigerians Spend N89.5 Trillion Via Electronic Channels in July 2024 – NIBSS Report appeared first on Tekedia.

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