Finance

Electronic payments hit ₦1.053 quadrillion in Q1 despite fewer transactions

Electronic payment transactions, via six channels, recorded a 2.85 per cent, year-on-year increase in value to N1.053 quadrillion in the first quarter of 2026, from N1.024 quadrillion in the same period of 2025. This shows that Nigerians carried out fewer transactions while the amount moved through the various channels increased. The six channels are cheque, […]