ADVERTISEMENT
TechEconomy
Wednesday, May 28, 2025
No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » Nigeria Records N272 trillion in Online Transactions in 9 Months

Nigeria Records N272 trillion in Online Transactions in 9 Months

Justice Godfrey Okamgba by Justice Godfrey Okamgba
December 2, 2022
in Finance
0
Online Transactions

RelatedPosts

Nigerian Corporate Prosperity in Harsh Economic Times

The Puzzle of Nigerian Corporate Prosperity in Harsh Economic Times

May 28, 2025

AfDB: Nigeria’s Inflation will Drop to 17.3% in 2026

May 28, 2025

According to data from the Nigeria Inter-Bank Settlement System, Nigerians spent N272 trillion on electronic transactions in the first nine months of 2022 (from January to September).

Compared to the N216 trillion in transaction value that was registered over the same period in 2021, this represents a 42% increase.

This information was provided by NIBSS in the most recent data it had available, which Ripples Nigeria acquired on Friday.

According to the report’s other payment channels, mobile (inter-scheme) channel transactions surged by 153% to N12.9 trillion from N5.1 trillion in the same period last year.

According to NIBSS data, the amount of point-of-sale transactions made through PoS channels climbed by 31% to N6.1 trillion in the nine months ending September 30, 2022, from N4.6 trillion in the same period of 2021.

The e-bills pay channel, which is specifically used for regular bill payments, increased by 37% to N2.2 trillion from N1.6 trillion at the same time in 2021.

Additionally, the poll revealed a drop in the acceptance of checks as payment.

In the nine months that ended in September 2022, cheque payments were N2.4 trillion, an increase of 4.3% over the N2.3 trillion reported the year prior.

Loading

Advertisements
MTN ADS

Author

  • Justice Godfrey Okamgba
    Justice Godfrey Okamgba

    View all posts
0Shares
Tags: CBNdigital bankingNIBSSOnline Transactions
Previous Post

100 Entrepreneurs Benefiting from MTN Pulse Blow My Hustle Digital Skills Training

Next Post

A Detailed Comparison between Nokia X30-5G and Nokia G60-5G

Justice Godfrey Okamgba

Justice Godfrey Okamgba

Related Posts

Nigerian Corporate Prosperity in Harsh Economic Times
Finance

The Puzzle of Nigerian Corporate Prosperity in Harsh Economic Times

by Techeconomy
May 28, 2025
0

In the first quarter of 2025, a curious paradox is playing out across Nigeria’s economic landscape. Discerning observers will notice...

Read more
Youth in Sub-Saharan Africa prefer money to personal happiness | AfDB and Inflation in Nigeria

AfDB: Nigeria’s Inflation will Drop to 17.3% in 2026

May 28, 2025
fresh loans | A Call for Dialogue and Collaboration - #EndBadGovernance - IMF

Why Tinubu Wants NASS to Approve Fresh $21.5 billion Loans

May 28, 2025
Nairawatch, Naira, Exchange Rate, FX Market, Dollar, CBN Rates, Foreign Exchange

Naira Falls in Official Market, Closes at N1,584/$1

May 28, 2025
Africa's Cross-Border Payments to Hit $1tr by 2035, Facing $5bn in Annual Inefficiencies

Africa’s Cross-Border Payments to Hit $1tr by 2035, Facing $5bn in Annual Inefficiencies

May 27, 2025
NairaWatch, Naira and dollar

Naira Strengthens for Seventh Consecutive Day, Closes at N1,579/$1 in Official Market

May 27, 2025
Next Post
Nokia X30-5G and Nokia G60-5G

A Detailed Comparison between Nokia X30-5G and Nokia G60-5G

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

TECH TALK EPISODE 2
byTecheconomy

PRODUCTIVITY AND WORK-Life Balance

TECH TALK EPISODE 2
TECH TALK EPISODE 2
May 22, 2025
Techeconomy
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

Translate »
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.