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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 […]