Customers of Access Holdings plc, Guaranty Trust Holding Plc, and United Bank for Africa Plc (UBA) in Nigeria made a combined total of N7.19 trillion in Unstructured Supplementary Service Data (USSD) transactions in 2022.
This is according to data sourced from the banks’ full-year financial statements submitted to the Nigeria exchange.
A breakdown shows that while Access Holdings’ USSD transactions increased by 26.3% to N2.4 trillion in 2022 from N1.92 trillion in 2021, GTCO experienced a 22% decline in its USSD transactions, dropping to N3.21 trillion in 2022.