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Tag: Cashless

Cashless transactions hit N611tn - NIBSS
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Cashless transactions hit N611tn – NIBSS

Cashless transactions in Nigeria increased to N611.06 trillion in 2023, according to information released by the Nigeria Inter-Bank Settlement System on Wednesday. According to The PUNCH, the payouts increased from N395.38 trillion in 2022 to N55.55 trillion in 2023. NIBSS Instant Payments is an account-number-based, online real-time Inter-Bank payment solution developed in the year 2011 […]