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NIGERIAN INTER-BANK SETTLEMENT SYSTEM
Mobile transactions in Nigeria (mobile & USSD) surged by 82.6% in 2020 to stand at 1.69 billion, as covid-19 discourages physical banking.
The volume and value of PoS transactions grew 46.7% y/y and 40.6% y/y to 41.3 million transactions and N313.4 billion respectively in Jan 2020.