E-payment transactions up by 89% to N257.7t in Q1’24
There are indications that Nigerians are fast relegating cash transaction to the background as the value of electronic payment transactions skyrockets. According to the latest report released by the Nigerian Interbank Settlement System (NIBSS) yesterday, value of electronic payment transactions (EPT) grew year-on-year (YoY) by 89 per cent to N257.73 trillion in the first quarter of 2024 (Q1’24) from N136.2 …