Nigeria unlocked $3.2bn through electronic payments in 2022 – Yinka Arewa

Yinka Arewa, the Group Chief Financial Officer of Parthian Partners, has disclosed that Nigeria Nigeria unlocked $3.2 billion in additional economic output through the development and utilization of electronic payments, particularly real-time payment services in 20222.

While calling for stronger collaboration tackle challenges facing the country’s e-payment system, Arewa noted that electronic payments continue to attract substantial global investments and have exhibited the highest returns and growth within the sector over the past decade.