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Banking Sector Reports 893.68 Million Volume of Transaction in Q4 2019 – NBS

2020/NBS

A total volume of 893,681,888 transactions valued at N48.54trn were recorded in Q4 2019 as data on Electronic Payment Channels in the Nigeria Banking Sector revealed.

NIBSS Instant Payments (NIP) transactions dominated the volume of transactions recorded. 342,636,006 volume of NIP transactions valued at N29.69trn were recorded in Q4 2019.

Click here to read full PDF copy of report

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