Financial Data

Mobile Money Transactions in Nigeria has witnessed tremendous growth over the last half a decade. From just under 50,000 transactions a month it has grown to about 3 million transactions a month. At some point in March 2016, mobile money hit an all-time high 5.1 million transactions with a transaction value of about N49.4 billion. However, mobile money transactions was highest in July at N77.7 billion.

This data was obtained from the website of the Central Bank of Nigeria.

Volume of Mobile Money Transactions

Value of Mobile Money Transactions

Nairametrics Research team tracks, collates, maintains and manages a rich database of macro-economic and micro-economic data from Nigeria and Africa. Our analysts share some of the data collated on Nairametrics, using formats such as docs, tables and charts etc. The team also publishes research based analysis as articles on a regular basis.

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