PoS transactions hit N223tn as Nigerians shift away from ATMs

Point of Sale transactions in Nigeria surged to N223.27 trillion in 2024, marking a 102.3 percent increase from N110.35 trillion in 2023, according to the Central Bank of Nigeria’s latest quarterly statistical bulletin. The data reflects a growing preference among Nigerians for POS platforms over traditional Automated Teller Machine withdrawals. The number of POS transactions […]