Mobile transactions rise by N8.9tn in three years

Mobile transactions have risen by N8.981 trillion between the first seven months of 2019 and the corresponding period of 2022. They have risen from N289.12bn to N9.27tn, according to data from the Nigeria Interbank Settlement System. This is as the value of cheque transactions fell by 31.42 per cent, from N2.67tn in January to July 2019 to N1.83tn in the corresponding period of 2022. The growth in…
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