Electronic payment transactions hit N123.8 trillion in the first three months of 2023, as a result of the naira redesign policy by the Central Bank of Nigeria (CBN).
NIBSS-instant payment (NIP) set a record as a transaction value of N123.8 trillion was reported in the first quarter of 2023, a 44.6 percent increase from N85.6 trillion reported in 2022, data From the Nigeria Inter-Bank settlement scheme shows (NIBSS).
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