E-payment transactions dipped to N37tr in February

E-payment transactions dipped to N37tr in February

The value of e-payment transactions has dropped to N37.67 trillion in February 2023. According to THE NATION, this is representing a 4.83 per cent decrease from the N39.58 trillion that was recorded in January 2023.Information Guide Nigeria This was contained in a report by the Nigeria Inter-Bank Settlement System (NIBSS) yesterday. NIBSS reports said that … Read more

Failed transactions worsen, e-payment falls to N37.67trn as naira scarcity

Failed transactions worsen, e-payment falls to N37.67trn as naira scarcity

As Nigerians had to grapple with failed and delayed cash transfers, cashless transactions has fallen to N37.67trillion in February 2023.Information Guide Nigeria BUSINESS HALLMARK reports that this was a 4.83 per cent fall from the N39.58trillion that was recorded in January. This was revealed in a new data from the Nigeria Inter-Bank Settlement System on … Read more