Tag: NIBSS
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NIBSS report: Cashless transactions rise by 44% in four months
According to the latest report from the Nigeria Inter-Bank Settlement System (NIBSS), cashless transactions rose by 44 percent year-on-year to hit N117.33tn in the first four months of 2022. From January 2022 to April 2022, N117.33tn was processed through electronic channels, which is N35.79tn more than N81.54tn that was processed in the corresponding period of…