Nigeria's mobile money transactions hit NGN 329 bln in 3 mths

Friday 20 July 2018 | 13:36 CET | News
Mobile money operators (MMOs) in Nigeria moved NGN 329.12 billion worth of transactions in the first three months of the year, New Telegraph reported citing the latest e-payment industry factsheet released by the Nigeria Inter-Bank Settlement System (NIBSS). The report also indicates that the number of agents used by the MMOs stood at 5,304 during the review period. The report says NGN 329.12 billion was achieved in 15.25 million deals among the 22 MMOs licensed by the Central Bank of Nigeria (CBN), with the total number of mobile money users during the period at 1.5 million. 

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Categories: Mobile & Wireless
Countries: Nigeria
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