Bank customers in the country transferred a total of $10.24 billion (N4.2 trillion) over mobile devices in the last eight months, New Telegraph has learnt. The January to August record represents 162 per cent growth over N1.6 trillion recorded in the same period last year.
With this record, the value of mobile transfers in the eight months has surpassed the total value recorded in full-year 2020, which stood at N3.05 trillion.
According to statistics released by the Nigeria Inter-Bank Settlement Systems (NIBSS), the volume of the mobile inter-scheme transactions also rose by 114 per cent from 75 million recorded between January and August last year to 161 million in the same period of 2021…
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News Archive from before July 2018