Transactions worth N39.15trn carried out on ATMs in Q4 2018

Transactions worth N39.15 trillion were carried out in the fourth quarter of 2018 in Nigeria, the National Bureau of Statistics (NBS) has said.

This was disclosed in the ‘Selected Banking Sector Data’ posted on the bureau’s website on Wednesday.

According to the report, the N39.15 trillion was derived from 616,528,697 transactions recorded as data on “Electronic Payment Channels in the Nigeria Banking Sector” during the period.

Read also: Investors gain N80bn as capital market rebounds

The NBS further disclosed that NIBSS Instant Payments transactions dominated the volume of transactions recorded in the quarter.

According to the report, 228, 209, 423 NIP transactions valued at N23.57 trillion were recorded in the quarter under review.

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