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Wireless

Nigerian mobile money operators transact NGN 555 bln in 6 months

Monday 4 December 2017 | 07:56 CET | News
Nigerian mobile money operators (MMOs) recorded NGN 555.83 billion inter-scheme transactions in the first six months, New Telegraph reported. The number of agents used by the MMOs stood at 5,517. According to the latest e-payment industry data from the Nigerian Inter-Bank Settlement System (NIBSS), the total number of mobile money users stood at 2.3 million during the period. The report shows that the NGN 555.83 billion was achieved in 24.17 million deals among the 21 licensed MMOs by the Central Bank of Nigeria (CBN). 

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Categories: Mobile & Wireless
Countries: Nigeria
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