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Nigerian Mobile Transactions Reach N9.2 Trillion In The fFirst Seven Months Of 2022, According To NI

According to data from the Nigeria Inter-Bank Settlement System (NIBSS), mobile device transfers by bank clients in Nigeria totaled N9.2 trillion between January and July of this year. As the value of deals through the platform has topped the N8 trillion recorded in the full year 2021, the 7-month statistics that was just provided revealed a rise in the adoption of mobile for financial transactions.

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The NIBSS data revealed that, compared to the N3.6 trillion recorded in the same period last year, the value of mobile transactions increased by 155% in the first seven months of this year.

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