E-payment Archives

Electronic payment transactions hit N384trn in July 2025

Nigeria’s journey toward a fully cashless economy continues to gain momentum as electronic payment transactions surged to N384 trillion in July 2025, according to the Central Bank of Nigeria. This marks a significant rise from N280 trillion in August 2024, reflecting deepening public confidence in digital payments and the rapid transformation of the country’s financial […]

aadelekepdnlimited-com
8th October 2025
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Economy

E-payment transaction hits N387trn in 2022 –NIBSS

Findings have revealed that Electronic payment transactions in Nigeria rose to N387 trillion in 2022. According to Nairametrics, this was obtained from the data released by the Nigeria Inter-Bank Settlement System. It was gathered that the value recorded on the NIBSS Instant Payment represents a 42% increase over the N272 trillion recorded in 2021. […]

oamudipepdnlimited-com
13th January 2023
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News

E-payment: Nigerians’ spending on utility bills rises by 387%

The amount Nigerians spent on electronic bills such as power and other utilities grew by 387.19 per cent from N189.50bn in the first four months of 2019 to N923.24bn in the corresponding period of 2022, indicating an increase in the use of e-channels by Nigerians. According to the Nigeria Inter-Bank Settlement System, e-bills payment includes […]

agencyreport
7th June 2022
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103 Views

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Tag: E-payment

Electronic payment transactions hit N384trn in July 2025

E-payment transaction hits N387trn in 2022 –NIBSS

E-payment: Nigerians’ spending on utility bills rises by 387%

LIRS begins enforcement of substitution powers for tax.

Tinubu heads to Turkey for strategic state visit.

KLM suspends flights to Dubai, Riyadh, other Middle-East.

Osun govt, APC clash over appointment of new.

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