Mobile Money and Telcos | |
Mobile Money and Telcos | |
2004 VIEWS | |
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PROSHARE | |
PROSHARE |
Wednesday, September 09, 2020 03:00
PM / NBS/ Header Image Credit: NBS
A total volume of 2,160,436,659 transactions valued at
N263.78trn were recorded in Q2 2020 as data on Electronic Payment Channels in
the Nigeria Banking Sector revealed.
Online Transfer transactions dominated the volume of
transactions recorded. 1,317,621,686 volume of Online Transfer transactions
valued at N72.25trn were recorded in Q2 2020.
In terms of credit to
private sector, the total value of credit allocated by the bank stood at N18.82trn as at Q2 2020. Oil & Gas and Manufacturing sectors got credit
allocation of N3.62trn and N3.07trn to record the highest credit allocation as at the
period under review.
As at Q2 2020,
the total number of banks' staff decreased
by -2.55% QoQ from 96,975
in Q1 2020
to 94,498.
Click Here to Download Q2 2020
Selected Banking Sector Data PDF Report
Latest
2020 NBS Reports
Q3 2020
Q2 2020
Q1 2020